Catalytic Converter Recycling - Why Does It Matter?
Catalytic Converters are used in cars, motorbikes, trucks and many other vehicles. Catalytic Converts contain Precious Metals or PGMS (Platinum Group Metals). These metals include:
As these metals are rare and in some cases extremely rare, instead of mining for them, we recover these valuable PGMs, turning waste into treasure. It is important to recycle all catalytic converters and to feed them back into circular economy. What's more when you work with us, you can get maximum returns in just 7 days.
1.Securing PGM supply for the future
We harvest various different platinum group metals from your spent catalytic converters. These are extremely rare and the amount of naturally mined PGMs is smaller than the amount demanded not only by the catalyst industry, but also by the various other industries that rely on PGMs. When we recover PGMs from spent catalyst, we contribute to establishing a circular economic system for these metals and lift pressure from natural mines. As PGMs in catalyst break down hazardous exhaust gases into less dangerous ones, securing PGM supply for the future is crucial as there are still no viable replacement options for them.
2. Avoiding environmental backlashes of natural mining
Even though PGM mines are not among the conflict minerals, they create social and ecological challenges for their environment when harvested through natural mining operations. As the metals are extremely rare, for recovering only one ounce of Platinum miners need to move up to 11 tons of ore! This comes with heavy energy use, worsening the environmental balance sheet for natural mining of PGMs. Moreover, these heavy natural mining operations disturb the local flora and fauna, endangering livelihoods of local plants and animals alike, not to mention some mining is actually illegal.
3. Lower carbon dioxide emissions
Mining operations are extremely energy intense. When miners need to move high amounts of ore, this is usually done relying on machines powered by fossil fuels. Mining of PGMs often takes place in remote locations so they need to be transported over long distances in order to be processed to new catalyst. When recycling PGMs, we can lower the amount of carbon dioxides issued as recycling operations can be conducted more locally and we need to move much less weight in order to extract PGMs from spent catalyst then from “fresh” ore.
4. Economic efficiency - you earn money, together we save PGMs
Last but not least, it is from an economic standpoint of view much more viable to recycle PGMs out of car catalyst than to just throw them away. As the prices of PGMs are still soaring (April 2020), it becomes even more viable from an economic point of view to recover PGMs from spent catalyst. Get paid in just seven days after we receive your spent catalytic converters, analyse them in our in-house lab and calculate the value of the PGMs inside in order to give you a fair payout and maximum returns. Natural mining of the same amount of PGMs uses up much more time due to the high amount of ore moved and due to the complex extraction process. For example, mining platinum in natural mining operations takes up to six months!
All in all, there are many good reasons to pursue catalyst recycling instead of just discarding them to the landfill. Get in touch with us instead, help us to turn your waste into treasure and save precious PGMs for new applications!