What does a precious metal manufacturer do?

by Sarvesh Velankar Asst. Marketing

People use metals worldwide to produce different products and increase their durability. All technological innovations like gadgets, tools, and machines contain precious metals that increase productivity and enhance customer satisfaction. It is impossible to imagine a world without metals and gadgets. Ideally, every object used in our daily lives has some metal content.

A precious metal manufacturer extracts them from different kinds of scrap. The process of mining and refining precious metals like gold, platinum, and silver are intricate and require unique aspects depending on the metal and the desired result. Hence, companies follow the mentioned process for the same:

Scrap testing

They run tests on your scrap, issue you a report of all the metals it contains and gives you an estimate of the total value you hold. They perform the tests correctly and gain expertise to tell you precisely what you have. They also provide a complete value of precious metals your scrap and other holdings include.

Eco-friendly extraction technique

Note, certain precious metal investments like gold carats require minor processing. Other materials classified as scrap require complex processing. For example, a pile of thermocouples containing platinum, copper, silver, and other materials require lesser processing than a ton of dirt containing gold shavings. A precious metal refining company knows how to accurately extract metals from any scrap, including the one you own.

Honesty

Precious metal scrap is usually complex. A metal lump can include many metals you cannot differentiate with the naked eye. You need a refinery doing business honestly for years with a good reputation and customer reviews. It should also have trained staff and state-of-the-art technology to run processes.

Simplifies processes

All metal manufacturing companies follow a simple procedure and explain it to employees. They also abide by safety and purity standards to ensure their products fit daily use and not harm buyers. The core objective is to maximise the recovery of precious metals. Considering the high intrinsic value, they recycle all precious metal bearing scrap.

The refining process

A precious metal manufacturing company follows hydrometallurgical processes to achieve the highest possible metal recovery. It depends on the type of material for reclamation at the lowest costs within short turnaround times. They reclaim the precious metals from a range of scraps and spent catalysts at economical processing costs.

They use the latest technology for unbiased, accurate sampling of materials with reliable analytical methods for accurate precious metal determination. The use of modern technology helps produce the maximum return of precious metals. They also incorporate environment friendly processes adhering to air and water regulations. These companies serve multiple industries, including oil refineries, petrochemical, chemical, glass, jewellery, and mining.

Solutions offered

The precious metal manufacturer offers solutions like recovery and refining from spent catalysts and their outright purchase. They decide the precious metal content from representative samples drawn for analysis from an entire lot using various methods depending on the equipment available.

Since the spent catalysts have precious metals and are of high value, it is imperative to carry out accurate sampling. The mechanical sampling system performs unbiased processes to segregate material into the primary catalyst, fines, and oversize with online samples.