Which Scrap Metals Are Worth the Most Money?
  • September 9, 2025

Which Scrap Metals Are Worth the Most Money?

Scrap metal recycling is one of the most rewarding ways to make extra cash while helping the environment. Whether you’re a tradie with leftover materials, a DIY renovator, or someone looking to clean out the shed, knowing which scrap metals are the most valuable can seriously boost your profits.

In this guide, we’ll cover the top-paying scrap metals in Australia, where to find them, how to identify them, and some expert tips to get the most money when you head to the scrap yard.

What Affects Scrap Metal Prices in Australia?

A few key factors determine how much you’ll earn for scrap metal:

  • Market Demand (local and global)

  • Purity (clean vs contaminated)

  • Metal Grade (e.g. #1 vs #2 copper)

  • Quantity (larger volumes often yield better prices per kilo)

  • Location (city vs rural scrap yards)

Now, let’s look at the most valuable metals in the Aussie scrap game.

1. Copper – The King of Scrap Metal

Current Average Price in Australia: $7 to $11 per kilogram

Why It’s Valuable:

Copper is in high demand across construction, plumbing, and electrical industries. It’s highly conductive, corrosion-resistant, and 100% recyclable—making it the top earner at almost any scrap yard in Australia.

Where to Find It:

  • Electrical wiring (especially stripped)

  • Copper pipes and tubing

  • Air conditioners and refrigerators

  • Old power tools

  • Solar panel cabling

Types of Copper:

  • Bare Bright Copper: $10–$11/kg – highest-paying grade, shiny and clean

  • #1 Copper: $9–$10/kg – clean pipes and stripped wire

  • #2 Copper: $7–$9/kg – includes tarnished, painted, or soldered copper

Pro Tip: Strip insulation off wires before selling. It may double your earnings.

2. Brass – Heavy and High Paying

Current Average Price in Australia: $5 to $7.50 per kilogram

Why It’s Valuable:

Brass is an alloy of copper and zinc, giving it good weight and a decent return. It’s used heavily in plumbing, making it easy to find in renovation waste.

Where to Find It:

  • Taps and plumbing fittings

  • Hot water systems

  • Locks, doorknobs, and hinges

  • Bullet casings

  • Radiators

Pro Tip: Check the weight—brass is heavier than it looks. Use a magnet (brass isn’t magnetic) to help distinguish it from steel.

3. Aluminium – Lightweight but Easy to Collect

Current Average Price in Australia: $0.80 to $1.50 per kilogram

Why It’s Valuable:

Aluminium is everywhere—from drink cans to window frames—and though it’s light, the volume can add up quickly.

Where to Find It:

  • Beer and soft drink cans

  • Car rims and engine parts

  • Window and door frames

  • Outdoor furniture

  • Ladders

Aluminium Grades:

  • Extruded Aluminium (clean): $1.30–$1.50/kg

  • Dirty Aluminium: $0.80–$1.10/kg

  • Cans (crushed or whole): $0.90–$1.10/kg

Pro Tip: Keep aluminium separate and clean to fetch higher rates.

4. Stainless Steel – Strong and Resilient

Current Average Price in Australia: $0.80 to $1.50 per kilogram

Why It’s Valuable:

Stainless steel is commonly found in kitchens, hospitals, and factories. While not the highest-paying metal, it’s durable and widely accepted at scrap yards.

Where to Find It:

  • Sinks and benches

  • Kitchen appliances (e.g. toasters, kettles)

  • Cookware and cutlery

  • Vehicle exhausts and parts

  • Hospital/medical equipment

Pro Tip: If the stainless steel contains nickel or molybdenum, it may be worth significantly more. Check the grade.

5. Lead – Heavy, Toxic, and Still Valuable

Current Average Price in Australia: $1.20 to $1.50 per kilogram

Why It’s Valuable:

Lead is dense, recyclable, and often used in batteries. Due to its toxicity, it’s tightly regulated, but scrap yards still pay well for it.

Where to Find It:

  • Car batteries (get cash for battery recycling too)

  • Roof flashing and old pipes

  • Dive weights

  • Wheel weights

Safety Tip: Wear gloves when handling lead and avoid breathing in any dust. Wash hands thoroughly after contact.

6. Tin – Often Found with Steel

Current Average Price in Australia: $0.20 to $0.70 per kilogram

Why It’s Valuable:

Pure tin is rare, but tin-coated steel (like food cans) is common. Though not worth much, large volumes are recyclable.

Where to Find It:

  • Food and pet food cans

  • Tin roofing

  • Coated wires and electronic components

Pro Tip: Steel cans with tin coating are usually sold as light gauge steel—don’t expect pure tin prices.

7. Titanium – High-End and Lightweight

Current Average Price in Australia: $1.80 to $3.50 per kilogram

Why It’s Valuable:

Titanium is used in aerospace, sporting goods, and medical implants. It’s lightweight, corrosion-resistant, and not as common—so yards pay well when you find it.

Where to Find It:

  • Golf clubs and bike frames

  • Aerospace parts

  • Surgical instruments

  • Specialty sporting gear

Pro Tip: If it looks like aluminium but is heavier and more durable, it could be titanium. Worth checking!

8. Tungsten Carbide – Industrial Goldmine

Current Average Price in Australia: $7.50 to $15 per kilogram

Why It’s Valuable:

Tungsten carbide is extremely dense and used in industrial-grade tools. If you work in construction, mining, or machining, this is gold.

Where to Find It:

  • Drill bits and end mills

  • Lathe tools

  • Industrial saw blades

  • Mining tools

Pro Tip: Carbide is very heavy and usually magnetic. Keep it separate and sell to specialised metal recyclers for top dollar.

Quick Price Comparison (AUD):

Metal Average Price (AUD/kg)
Copper (Bare Bright) $10 – $11
Carbide $7.50 – $15
Brass $5 – $7.50
Titanium $1.80 – $3.50
Lead $1.20 – $1.50
Aluminium $0.80 – $1.50
Stainless Steel $0.80 – $1.50
Tin (Cans) $0.20 – $0.70

 

Tips to Maximise Your Scrap Profits in Australia

Sort Before You Sell: Always separate metals by type and grade. Clean metals get higher rates.

Strip Cables and Wires: Bare copper wire pays significantly more than insulated wire.

Check Prices Weekly: Prices can change fast. Contact local scrap metal dealer .

Avoid Mixing Metals: Mixed loads often get paid at the lowest price per kilo.

Find the Right Buyer: Some yards specialise in copper or industrial metals. Call around for quotes.

Final Thoughts

Scrap metal recycling in Australia is not only good for the planet—it can also put serious cash in your pocket. Whether you’re a regular seller or just cleaning up your shed, focusing on high-value metals like copper, brass, and carbide can make your efforts worthwhile.

Always stay safe when handling metals, wear gloves, and use proper tools. And remember: the cleaner and better sorted your scrap, the better your payday.