• Copper Theft Explodes in LA

    From 26xh.0717@21:1/5 to All on Thu Jun 13 02:15:09 2024
    XPost: talk.politics.misc, alt.politics.usa, alt.crime
    XPost: alt.politics.republicans

    https://www.newsnationnow.com/crime/thieves-stolen-copper-cash/

    Thieves are getting their hands on scrap metal as a way to
    make fast cash, a trend that is growing across the U.S.

    These thieves are working to get their hands on everything
    from catalytic converters from vehicles to copper wires,
    statues and other metals for quick resale.

    People wanting to make money off pieces of scrap metal
    are bringing their stolen goods to a scrap center, but
    it is hard to tell what metals will sell well and what
    won’t.

    At Active Recycling in Los Angeles, workers typically
    turn away anything that was obviously stolen, but workers
    say that it continues to be a lucrative practice at other
    shops.

    “We don’t question it, but we look at it, and we can
    pretty much tell, with the experience we have, we could
    tell pretty much what it’s from, and if it’s something
    like from like a catalytic converter, we don’t buy it,”

    . . .

    But if they don't, clearly others WILL. There have been
    high-profile murders associated with converter theft
    lately.

    There is a copper shortage. Demand is stretching supply.
    As everything, even cars, trend electric they ALL need
    lots of copper. It can only be mined/refined just SO
    quickly.

    So, copper is the new gold. Thieves rapidly strip
    entire buildings.

    Brass, a copper alloy, is also completely recyclable
    and widely used. "Bastard" batches can be tweaked
    to precise alloys quite easily. It's found in many
    machine parts, plumbing valves and such.

    Converters employ rare expensive metals like platinum,
    rhodium and palladium. Check Monex to see what those go
    for per ounce.

    Oh, for fun :

    https://www.newsnationnow.com/automotive/ap-thefts-of-charging-cables-pose-yet-another-obstacle-to-appeal-of-electric-vehicles/

    The charger cables for your worship-me EVs - they get
    STOLEN almost immediately now :-)

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