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Copper is 100% recyclable without any loss of quality whether in a raw state or contained in a manufactured product. Copper is the third most recycled metal after iron and aluminium. It is estimated that 80% of the copper ever mined is still in use today. Common grades of copper for recycling are:
High purity copper scrap is directly melted in a furnace and the molten copper is deoxidized and cast into billets, or ingots. Lower purity scrap is usually refined to attain the desired purity level by an electroplating process in which the copper scrap is dissolved into a bath of sulfuric acid and then electroplated out of the solution.
Source: Wikipedia