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The Star : Used car battery lead 'turning into gold' PDF Print E-mail
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Friday, 11 September 2009 14:29

 

MOST consumers discard their used car batteries or give them away to mechanics or battery dealers.�

However, following the increased prices of lead on the international market, used car batteries have become much sought-after items because of their lead content, Nanyang Siang Pau reported.

Even thieves are looking out for the used batteries, which can fetch a price of between RM30 and RM300 each, depending on the capacity of the vehicle and whether the battery is from a lorry or a car.�

A senior officer of a car battery factory said the price of lead on the London Metal Exchange had shot up from US$1,600 (RM5,325.82) a metric tonne early this year to US$3,600 (RM11,983) this month.�

He said one could sell a used battery from a car at between RM30 and RM40 while the price for a used lorry battery was between RM150 and RM200.�