It is more important than ever that the seller knew of scrap catalysts with whom they collaborate. Assaying – the process of sampling a small portion of a catalytic batch – has long been recognized as the most efficient and reliable method of determining the amount and value of the precious metals in the batch.
A Fair Regulation
There are two central contracts used in the catalyst upgrading industry:
- Extended: These terms and conditions include all costs related to processing, treatment, refining, and financing costs and may offer discounts depending on the sale of your metal.
- In summary, you will receive a percentage of the ounce count in the assay with any extended fees included in the percentage withheld by the recycler, while the remainder of the “profit” is paid to you. In this contractual agreement, you must verify the numbers for the PGM content in the assay sample and determine that the percentage withheld is fair and reasonable.
The Final Bill
The items on the final invoice should include the reusable ounces of each metal to which you are entitled, the price of each metal, the date on which the metals were sold. The total metal value is formed from this information.
You get the total metal value minus the usual recycling costs, including all refining processes used and the associated costs of converting scrap catalysts into precious metal – decanning, grinding, weighing, sampling, assaying, smelting, refining, and interest costs. These recycling costs should be around 10-12% for a ceramic and 12-15% for a metal foil processor.
Understanding and considering these criteria will help you choose the right company to recycle your scrap catalysts. A solid, reliable, and trustworthy partner will proactively help you understand all the subjects described in this article since their business should be based on building a long-term relationship with you.
He should, of course, check your count, check and balance your weights, verify that the sample and test are correct, and charge you a fair and reasonable amount to recycle your converters. At the same time, understanding the process and the numbers associated with it will confirm your trust in your partner and make you less prone to losing profits due to unethical trading practices. Check for decanning and refining catalytic converters