New Guy
Hello, New here but have been in the scrap business for over 15 years. I have been doing research for the last year and trying to answer a question I have. Is it possible for a auto dismantler to go straight to a refiner? Seems most dismantlers sell to "middleman" but I dont understand why. Why doesent a dismantler (know of 1) go and get a contract and send his scrap cats straight to the refiner to get refining value instead of "middleman price"?
Metal Recycling Entrepreneur
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By refiner, do you mean the steel foundry or the guy who recover precious metals from cats? If it is the steel foundry, it is plausible that they require carcasses to go by a shredder first. For the cats, I don't know. An exclusive regional territory? In both cases, you can always call them directly and ask why. If you have the volume, you never know...
Metal Recycling Entrepreneur
The answer you seek grasshopper first off there's nothing to stop you from dealing with the precious metals refinery direct, if you have 10,000 pounds of materiel and your capable of meeting this quota every couple of months. the refinery's will welcome you as a customer.Originally Posted by Porsche993
The smaller scrap yards who purchase from walk ins will sell their inventory before meeting the necessary quota to deal with a refinery direct, for the simple reason the precious metals market is very volatile. if you hold your inventory to long and the market craters your screwed.
Removing the precious metals wash coat is relatively easy, I'm sitting on several thousands of dollars worth, the fluctuation in those graphs below show volatility which is the reason I'm unable to find a buyer.
Couldn't even buy a loaf of bread with my inventory of precious metals sponge's, would have been further ahead selling the cats. And I'm not even sure that's a good idea at the moment.
As the dominoes begin to fall, Record China Defaults in Focus as Modern Land Misses Payment
One year graph for rhodium, platinum and palladium.
.
Last edited by alloy2; 10-26-2021 at 11:54 PM.
New Guy
Thank you for that info, So its not possible to find a refiner that will do a 1 off lot? Ive spoken to Legends Smelting and it seemed like they would but I dont know how much trust I shall have recommending them....
Metal Recycling Entrepreneur
To the best of my knowledge there are only two smelters on the USA than handle the platinum group metals, regardless of their claim Legend is not one of them.
Kennecott has a copper smelter in Utah where they inject scrap e-waste circuit boards into the furnace, boards are ground up into powders assay taken before smelting. Customers is paid on assay.
In the news, Kennecott, https://www.abc4.com/news/local-news...-at-kennecott/
https://www.sibanyestillwater.com/business/americas/pgm-operations-americas/columbus-metallurgical-complex/
https://metallix.com/
Last edited by alloy2; 10-27-2021 at 12:39 PM.
Metal Recycling Entrepreneur
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Metal Recycling Entrepreneur
No shortage of refinery;s that will accept and process the platinum group of metals, the source you provided does not process catalytic converters.
This screenshot of from their web site.
Metal Recycling Entrepreneur
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Legends will only talk to you if you have a massive bulk lot and they are a “middleman” not a refiner.
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Another answer to original question is the "middleman" is just the easier option
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
Metal Recycling Entrepreneur
He could sell his cats to our resident buyer - APA.
Last edited by alloy2; 10-27-2021 at 07:09 AM.
Metal Recycling Entrepreneur
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I appreciate that sir. Thank you.
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You may want to check on goldrefingforum.com
Metal Recycling Entrepreneur
For those holding catalytic inventory or having a shipment at the smelter being processed were payments are made at the end of processing based on spot $$$.
The Chinese financial troubles are going to have serious consequences globally.
We've been looking to purchase a new truck and the dealership lots are almost bare.
The demand for these metals is down.
Metal Recycling Entrepreneur
New Guy
Appreciate the info, So I take it there is a expectancy of the metals to be dropping in value?
Are there any cat buyers that work with refiners on this forum that would like to chime in?
The "middlemen" should know if a 1 off sale for refining is possible.
Metal Recycling Entrepreneur
Lets play the numbers game, I'll pay you by the numbers inscribed on your cat.
That is the biggest scam going, city cats that spend their usable life on asphalt will assay with a higher value than sister cats which spent a lifetime on dusty rural gravel roads,
By the time those cats purchased by the numbers hit the refinery they've had the comb removed, shipped in super sacks. refinery works from assay results not numbers.
https://www.popularmechanics.com/sci...-highway-dirt/
If you try really hard, you can refine gold out of garbage old computer parts. But that's not the weirdest place you can find precious metals, not by a long shot. If you're looking for platinum, for example, you need look no further than the dirt on the side of a major roadway.
Last edited by alloy2; 10-27-2021 at 04:25 PM.
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My question is if you have one converter why bother
Metal Recycling Entrepreneur
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We have here a smelter that recover precious metals from e-waste, but not sure if and how they pay. They handle palladium, platinum, gold and silver, but I never heard if they take cats or the typical circuit board stuff.
Metal Recycling Entrepreneur
E-waste contains mostly copper, this is mixed in with the main melt where its cast into copper anodes which contain a small amount of precious metals. The anodes are process ( refined ) in an electylitic cell called a copper parting cell.
I do this on a small scale.
Metal Recycling Entrepreneur
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It make a lot of sense. I am glad to learn that. I always thought that copper was more a secondary goal or a by-product of the circuit board recycling process and they were more interested to the silver and tin soldering, brass and the gold fingers.
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