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Foundry Income and Profits
Make Money by Recycling Metals, Refining Metals, Casting Work, Repair Work, Crafts, Jewelry, etc.
There are many ways to make money with foundry work and metals.
Here are just a few...
● Recycling
Scrap Metal Into Valuable Ingots / Bullion
and
Machinable
Bars,
Blocks,
Rounds,
etc..
● Designing / Copying Objects into Molds to Metal Cast Then Sell Like Metal Art, Buckles, Parts, etc
● Metal Part Repair Service, Copy / Make Damaged Hard to Find, Obsolete, or Expensive OEM Parts.
● New Design
Prototype Service, Big Money in Making a Design Come into Tangible Form.
● Low Volume Part Production in Sand or Lost Foam/Wax Casting for Big Profits.
The truth
is you
don't have
to have a
lot of
money to
start or
be a big
company to
make money
with
metals,
foundry
work and casting. Just get the basic equipment, knowledge and start. Things add up quickly when you double or triple your money over time and doing that part time alone can be better than
what many people do full time!
INGOTS / BILLET / BULLION - Scrap to CASH!
Let's start with the Raw Materials. Everything has to start somewhere right?
In·got
a. A mass
of metal,
such as a
bar or
block,
that is
cast in a
standard
shape for
convenient
storage or
shipment.
Bil·let
-
Metalworking
a. A
small,
usually
rectangular
bar of
iron or
steel in
an
intermediate
stage of
manufacture.
b. A small
ingot of
nonferrous
metal.
Bul·lion
a. gold or
silver
considered
in mass
rather
than in
value.
b. gold or
silver in
the form
of bars or
ingots.
As you can see these words all refer to metals that are all ready prepared metals and not in raw earth ore form or scrap form. Basically they are metals that have been melted and cleaned of unwanted impurities with heat, fluxes and slang removal. With this you can include making useful Bars, Blocks, Rounds, Flats and other usable shapes for machining purposes.
Here is a
simple
example of
an
Aluminum
Ingot made
from the
everyday
soda /
beer can.
To start
with
aluminum
cans are
really
very high
grade
Alloy 6061 aluminum.
It's the
most
versatile
of the
heat-treatable
aluminum
alloys and
widely
used.
That means
big
market,
big demand
when in a
useable
form and
is where
that
beverage
can got
it's
start.
To make this Ingot, mostly other cans were collected for recycling many of which cash was traded for at around 50 cents a pound or gotten for free as many are disposed of freely. Many large metal scrap yards and recycling centers do this and then they get paid more of course by the large smelters who then melt these cans by the tons in very large expensive furnaces. In the process the decorative coatings, linings or other containments are burnt up and rise to the top like oil on water to form a substance called slag. This slag is skimmed off, while fluxes are added to help this process and also de-gas the liquid metal and then it is poured into molds that when cooled are called Ingots.
Now, from these ingots, thousands of different aluminum products can be made including of course more beverage cans. But the price difference for these ingots and the scrap aluminum that made them can be hundreds of percent more expensive or "valuable" than the scrap metal that made them.
Ingots
of course
come in
many
different
sizes and
weights.
Some are
very small
for use by
others who
re-melt
then cast
other
objects
from them,
some are
larger for
the same
purpose
and more,
and some
are very
large for
large
casting,
extrusions,
metal
rolling /
forming,
machining,
etc
Regardless
of the
size, one
thing
remains
the
same...
The buyer
/ user of
this ready
to use
metal now
pays more
money for
it then
the one
who paid
50 cents a
pound or
the one
who
processed
it.
Your local
machine
shop is a
good
example.
They may
only need
a 4" x 6"
piece that
weighs 4
pounds but
pay $3.50
to $5.00 a pound
for it!
Get it?
If you
doubt
this, go
to the
local
hardware
store to
buy
aluminum
tube, bar,
rod, etc
and see
for
yourself!
One exciting thing to know is you can do all this too and without the big expense of large equipment, big buildings, employees and the costly overhead the big guys have. Yes, this can be done on a much smaller simplier scale and very profitably as a one or two person operation; with no shortage of raw materials to process or lack of customers to sell to. Just get your Low Cost Special Hi-Temp Foundry Melting Furnace up and running and you will find that Metals are a daily needed item and recycling is the main source of providing these metals to all those who need them. Remember there are many things you can do with metals once you have the means to melt and pour them properly which opens you up to many other different income streams all from one core piece of equipment. If its income you want then treat this seriously and you will get it. If its a hobby / craft / enjoyment learning thing, you'll have that too. If its a survivalist trade/barter thing you want to know and have if the world economy takes a dump, then you will be a very important person to know and deal with. In all cases, foundry work is thousands of years old for all these reasons, yet few people know the trade or the secrets to it which others don't like to share all that much. Here, you can get your start and take it in your favorite direction afterwards.
About Metal Spot Prices: The spot price of metals is based on paper contracts for delivery of tons of pure metal ingots. When you're not prepared to pay for and take delivery of tons of metal, that spot price will quickly become a huge understatement of the real price of that metal. When you want to buy just a few pounds of aluminum for example, you're looking at substantially higher prices, 2x, 3x, 4x, 5x more. Moreover, once you own physical aluminum ingots from your efforts, make absolutely sure you never sell for the spot price of aluminum. That's because it's hard to get investment / ingot grade aluminum or any metal in physical form without paying for it, so you've got something special on your hands and make sure to extract the full value when you're selling and understand the reverse when buying!
Of course
when you
talk about
the word Bullion
you are
generally
talking
about
Gold
&
Silver
which many
people
also
refine on
a small
scale from
old
jewelry,
trinkets,
tableware,
electronics,
etc.
Regardless
of how
they
refine it
down to
purity,
they still
need a way
to melt it
(Hi-Temp
Foundry
Melting Furnace)
and then
pour
(cast) it
into new
usable
shapes,
forms or
ingots.
These are
generally
measured
in Troy
ounces.
The large
Mints and
Governments
get to
play with
the big
ones but
most
people
deal with
the
smaller
sizes.
Gold in 1
to 5 oz t
and Silver
5, 10, 20,
50, 100 oz
t are
popular.
Because of
the prices
of Gold
and
Silver,
Copper is
becoming
the new
Silver and
Gold to
own in
bullion
form too.
After all,
these
three
metals
have been
used as
money for
thousands
of years
by
hundreds
of
governments
and
countries.
Scrap
wire,
copper
pipe,
fittings,
and
fixtures
all can be
melted
down and
cast into
ingots/bullion
on a small
scale very
easily.
Again what is needed are the tools of the trade, Special Hi-Temp Foundry Melting Furnace and accessories (melting pots/crucibles, handling tools, ingot forms, safety gear), scrap to melt AND Knowledge! Is there money in it for you? That would depend on whether you are only a thinker or a thinker. AND also a Doer. Pick one of the many ways to make money in metal casting, then DO IT!
For other ways to make money with Foundry work click the Casting Tab on the menu bar to learn more about Casting.