SSN with Bromine. When I get my reactor set up will post pictures.Originally Posted by freonjoe
Metal Recycling Entrepreneur
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SSN with Bromine. When I get my reactor set up will post pictures.
Metal Recycling Entrepreneur
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Here's my little stash for cash. There's 75 converters in that pile.
www.sellyourcatsdirect.com
That company is pretty much paying the same as my local guy and they have an extensive online catalog to figure out what your cats are worth. Since you have so much volume you qualify for freight shipping with them.
Metal Recycling Entrepreneur
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The method I used to collect samples for the assay was totally wrong, the results should be disregarded.The results from my assay have arrived.
Samples were taken from the top on the heap inside the ball mill, the heavier platinum metals would have settled to the bottom of the mill leaving the uppermost almost barren which this assay proves.
I have consulted with another more knowledgeable in assays than I and he confers to my thoughts. He gave me the proper procedure to follow when taking samples but at this time would rather not spend another $70.00 on another assay.
Metal Recycling Entrepreneur
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i have a local buyer and he has the most competitive prices in our area ,he is semi secretive about his contacts and methods.he has known me all my life and he knows i am always looking for the extra pennnies when im scrapping.what he has shared with me is that he sales nothing at all to scrap yards of any sort,he only deals in auto/equipment parts. he gets core charge from a few buyers up north. when i asked him about the converters he told me that the moment i remove any of the pellets or comb from a convertor that i would loose 65 to 90 percent of the value.he will buy the loose material but he will also tell folks if they have an ebay account to sale it on there loose cause thats what he does with it if its removed.i read earlier in this thread someone said the reason for this is that the companies no the exact amounts of ingredients in each converter,by the type it is.this is also what my friend told meim sure there has to be money in refining the stuff because if you think about it the car corre charge buyers couldnt just clean up and re condition the convertors,i mean im sure a few could be refurbished possibly but the condition of alot of the ones ive sold him were beyond any repair.personally i couldnt afford the investment to buy such an amount needed to try and have it refined,im really curious as to how this will turn out.and i wish you the best of luck.i just discovered this site tonight i love it.glad to be a member here now.well once again best of luck and good night folks
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your friend is correct. never never remove the material from the converter unless you plan on refining it yourself!!!!!!
"anyone who thinks scrappin is easy money ain't doin it right!"
Lamentable Ricer
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I'm curious what your results where after the proper assay was done.
The entire scrap industry is just one big thumb - if you've got deep pockets and deep connections sometimes you and wiggle your way out a little ways.
Metal Recycling Entrepreneur
I recently had the opportunity to see a another fellows assay from an 8,000 lb lot of cats that he had shipped in for refining.
I **** near choked on my coffee, his numbers were much better than mine which got me thinking about the time I had an old Mack gravel truck working on very dusty construction site. My truck came equipped with an oil bath air filter, after two years working this site all the other trucks which used paper filter elements all needed engine overhauls.
Your probably thinking what the hell does an old Mack have to do with catylitic converters, we'll I'm going to let the cat out of the bag - so to speak.
I live in a rural area surrounded by reservations with the aid of my GPS go knocking on doors soliciting the purchase of cats from any derelicts collecting in the yard, fifty will buy you the whole vehicle while twenty buys you the cats.
What I have discovered by comparing assay results is that on the rural vehicles there is a certain amount of fine dust leaking past the paper filter element passing through the cat abrading the precious metals wash coat from the ceramic substrate. The city vehicles running on asphalt do not suffer this fate.
Here are the assay numbers from the city run vehicles.
Platinum 979 PPM = 28.61 troy ounces at today’s price $38,132.00
Palladium 2736 PPM = 79.97 Troy ounce at today's price $64,688.00
Rhodium 374 PPM = 10.93 troy ounces at today's price $14045.00
He shipped out 8000 lbs of milled catalyst based on his assay from four tons, at today's values would net him $467,460.00 and this guy is a small player.
Taking a vacation
Metallix is one of the top dogs that is actually a refinery that does cats in the USA.
https://metallix.com/network/
Taking a vacation
Glad no one check the math on the dollar value quoted.
So our friend sold his catalytic material back on 2016 and brought home $116,865.00 had he sold it at today's spot he would have brought home $98,379.00
On paper it shows a loss of $18,486.00 to know the real loss we would have to factor in the loss to our dollar due to inflation.
Found it, that $116,865.00 back in 2016 you would need $122,699.31 to purchase the same amount of goods that our 2016 dollar would have purchased for us.
$116,865 in 2016
Now we add the difference between the 2016 and 2018 sale price we've lost $5839.31 add this to market loss $18,486.00 = $24325.31. Our $116,865.00 2016 honeypot has now shrunk to a measly $92,539.69
So had I purchased a house back in 2016 for $116,865.00 I've lost due to inflation now add the mortgage interest to that and I find that I' living the American Dream - the bankers dream that is.
Hopefully our cat buyer does not have to factor in percentages from borrowed money, If our buyer wants to stay in business he has to make a few adjustments to maintain the purchasing power of his dollar.
I'm glad that I revisited this old thread, gives me something to think about.
Last edited by Proton; 08-11-2018 at 11:40 AM.
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I remember many old threads like this that demonstrated how steep a learning curve I was climbing at the University of Scrap. For history buffs, this is one of the few, if not the only thread that included three good friends that shared on the same thread and topic.
Give back more to this world than we take.
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Welcome back. Now we have four friends on the same thread.The ultrasonic tank is two days old, I may have been to quick in judging its performance, its more suited to removing the precious metals powders from foils.
The ceramic material is to soft and it absorbs energy from the cavitation bubbles as they implode, just like a sound proof room works with acoustic paneling.
Pail of dirty liquid is powder in suspension from foils when it settled out the liquid will be recycled into the sonic cell. I have a bottom drain on the tank.
[IMG][/IMG]
Rural Recycler
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You'll have to admit, he doesn't give up!
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It's like a family reunion in here except the Snowman is missing. He was on vacation but he's not anymore.
Thanks blackgold for the info.
Rural Recycler
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No offense meant my friend, I've always enjoyed your posts no matter which name you go by.
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If $6,000 bankrupted biz you had no business messing with it anywayThe precious metals wash coat is on the surface of the monolith, poor air filter maintenance is the major cause of platinum roadside pollution. It's well documented, Cody's Lab even did an experiment from dust swept up from a highway that proves it.
As I've demonstrated with ultrasonic's and a few other experiments like freezing the cat the wash coat is easily removed, there could be a valid argument that I'm not recovering all the values present.
But after shipping out a drum of milled cat with 580 pounds of milled cat comb from which I had an independent assay done with American Analytical showing my comb had a value of $35.00 us per pound and should have received back from the refinery in the neighborhood of $20,00.00 but instead got a measly $6,000.00.
I had $6,000.00 into purchasing those cats plus an additional $500.00 for shipping and another $50.00 for brokerage fees, Legacy bankrupted my operation and I swore then and there to never put myself into a situation where I'm the lowest man in the food chain.
Legacy consigned my shipment to Metalix who did the actual refining.
Now ya all know how I felt getting bit by a shark, then after the wound healed decided if I could just recover the precious metals wash coat there would be no further need to be that low man in the food chain. My refinery options would be limitless, plus there would be no brokerage or $500.00 high shipping fee to ship a few hundred grams over hundreds of pounds of material.
From the various experiments I'vm done all work, some are quicker at doing the work of removing the wash coat than others but the end results are the same.
Now I'm going to add this toy, it's an engine cleaning gun that siphons a solvent then blows this with compressed air to remove dirt and grime from an engine block.
My theory is that once a bit of precious metals wash coat has become liberated in just plain old water it will become the abrasive, the engine cleaning gun under pressure becomes a sand blaster but instead of using an aggressive media we're using wash coat
Fortunately larceny does not reside in my soul, but just imagine a guy selling cats by the numbers on the canister had he first used high pressure water to remove the majority of the wash coat before selling the canister.
I see a good legal argument here, buyer is buying a numbered canister with out an assay to prove values inside the canister. I wonder how the jury would rule on this, bet a good lawyer would win the case.
Anyhow I've off to the jobber to purchase an engine cleaning gun for more experiments.
[IMG][/IMG]
BUYING ALL COMPUTER SCRAP WORKING OR NOT
CHECK OUT MY BUYERS THREAD http://www.scrapmetalforum.com/scrap...nic-scrap.html
https://getjunk.net/Knox-County-TN-0...Recycling.html
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It didn't take long for you to begin to revert back to your old ways....after some of the sick **** you have posted here you have no business trying to cover up your true agenda with money losing schemes you come up with....your true colors will become evident soon
Metal Recycling Entrepreneur
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Diesel cats are predominately Platinum.
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I noticed a hot spark in what was coming out of the shredder and all the dust in the air can't be good for a few reasons, as well as it didn't shred the converters very well with the big chunks.
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One milllllllliiiiiiiioooooooonnnnnnnnn dollars?
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