Prospectors sift through America's garbage in a gold rush founded on metals, plastic and paper

Trash smells sweet to investors as soaring commodities prices result in a boom for the US waste recycling industry. Roben Farzad reports Sunday, 3 August 2008 Bob Cappadona, area manager of Casella Waste Systems' 65,000sq ft recycling facility in Massachussets, can't believe the record prices his garbage is commanding. "Aluminium cans, $900 [£450] a bale. Tin cans, $150. No 2 clear plastic, $300. Cardboard, $70. Mixed paper, $40." He barely conceals his glee as he explains the effects of a spike in metal prices: "We get an extra $100 a ton." Mr Cappadona's numbers are compelling, but the global implications of the trash boom only really hit you when you see the enormous pallets being carted away from the plant. You realise that recyclers can make vast profits from combing through ordinary rubbish, processing it and then... [read full story]