Say that you are using precious metal bearing catalysts in your products and processes as well to speed and/or facilitate chemical reactions or for the end of pipe pollution abatement applications, you must be mindful of the increasing value of platinum, ruthenium, palladium and rhodium and of course, the catalyst it contains.
Most of the time, platinum bearing catalysts are being used in refining crude oil and at the same time, in producing aromatic compounds. Precious metal bearing catalysts are utilized in various hydrocarbon processing applications. However, the catalysts are not designed to last for a lifetime as they are deactivating overtime as a result of its harsh processing environment that contaminates them with sulfur, volatile organics, carbon, moisture or any other substances. These reduces efficacy to the stage that it must be replaced.
On the other hand, almost all precious metals content remain and as a result, should be recovered and be refined. Consequently because of the high values and demand/supply price fluctuations monthly or annually, users are beginning to see precious metals purchasing, leasing as well as recovery management programs with more focus on returns and costs. Click here to know more about colonial metals.
With this information in hand, choosing and working with a reliable, reputable and established precious metal supplier and refiner becomes more important for a number of reasons:
Number 1. You need to assure maximum returns of the precious metals remaining from your product or process.
Number 2. The speed or turnaround time to which the precious metal bearing materials are being processed would affect the cost.
Number 3. Precious metal refiner must follow strict environmental code compliance along with the atmosphere emissions and effluent disposal/discharge at all levels and also, at all time. Consequently, your relationship with the refiner must be considering all the possible legal implications that are associated with the violation of environmental laws which include those that are transporting hazardous materials. Learn about metal inc here.
Any precious metal refiner should utilized advanced pollution control equipment similar to scrubber/baghouse system as this will help in preventing the discharge of toxic emissions and annoying odors. To make it simpler, your organization and the refiner must be able to establish a level of partnership focused on circumstances that's out of your control. Being able to choose a refining partner to reclaim platinum, ruthenium, palladium and rhodium is something that should be done carefully and as much as possible, work with a refiner that is leading in performance and aware of environmental concerns. Like what's mentioned earlier, a significant step in PGM recovery/refining process is removing contaminants from spent catalyst materials. Discover more here : https://money.cnn.com/2013/06/05/investing/gold-silver/index.html.