Answer: Yes!
More importantly, how can you recycle tungsten carbide inserts, drill bits, and other parts? Most oil and gas companies, mining companies, and manufacturers regularly sell their scrap tungsten carbide inserts to carbide recycling plants or buyers. Whether you’re involved in one of these industries or you just stumped upon a large quantity of tungsten carbide inserts or scrap, you can certainly recycle the scrap or sell it for cash.
Tungsten is sought after by dozens of industries because of its durability and toughness. Tungsten carbide falls between 8.5 and 9 on the Moh’s hardness scale, just behind diamonds, which have a hardness of 10 on the scale. Because this material is so strong, it can be utilized in many ways, including tool manufacturing and even automotive lining.
Finding tungsten professionals who will buy various types of carbide is key, because you don’t want to work with a buyer who is only after tungsten sludge, for instance, because you might be able to get much more from another buyer. More experienced and legitimate tungsten buyers will purchase any form of tungsten, and will then separate it into specific grades and place it through various lab testing.
You will likely get your money for your scrapped material within a week or two, as well. When dealing with credible tungsten buyers, after everything has been processed and examined in an independent lab, you will likely receive your payment very quickly. Typically, the turnaround time from the second you ship your product to a buyer to the time you receive payment is about 10 days.
Another reason to make sure you’re working with an experienced carbide recycling company when selling your drill bits or scrap is actual price. Tungsten scrap carbide prices vary due to quantity, quality, and condition, but legitimate buyers will help you get a fair price and won’t take advantage of your lack of tungsten knowledge.
If you have tungsten scrap in your possession, it’s time to get rid of it and make some extra cash. If you want to learn more about selling or recycling tungsten drill bits, contact Tungco today.
