Our recycling and circular solutions underpin every aspect of our business. By conserving and recycling these critical materials to enable their circular use, we’re helping make the world more sustainable. We’ve developed highly advanced processes for extracting and separating platinum group metals (PGMs) from complex materials, and with our technical support teams we work with our customers to optimise precious metals recovery. We’re experienced in handling highly valuable materials, with leading security standards and end to end control of the metal.

PGM refining

With our refineries in Europe, US and China, and through our global refining network of partners, we offer full geographic coverage and complete refining solutions. Along with our full refine-supply cycle, we’re one of the only companies capable of refining all seven precious metals, helping you to efficiently recover:

Platinum
Palladium
Rhodium
Iridium
Ruthenium
Gold
Silver

Practising a deep understanding of material and analytical science, pyrometallurgy and multi-stage chemical separation, we have powerful capabilities to refine a broad spectrum of complex materials.

From spent catalysts and chemical residues to electronics and jewellery scrap, our capabilities span across a variety of industries; explore our matrix for an extensive list of materials we refine.

We have an established route to recycle fuel cell and electrolyser stacks

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PGM recycling and refining stages

Our refining process allows us to efficiently and securely extract and recover PGMs from complex products, and then refine them to commercial grade purity. From initial material analysis to comprehensive metal management services, we guide and advise you at each step of the process.
Our process involves up to four key stages, using a combination of pyrometallurgical and chemical treatment processes.

Material can enter our refining circuit at different stages depending on its composition, helping to optimise the process.

The four refining stages

Evaluation

Evaluation is a critical stage, in which we determine the PGM content of the material and how long it will take to refine. We do this through assaying, and our processes are widely trusted and proven; it’s what we’ve been doing for over 200 years. Our industry leading standards are recognised through our global accreditation.

Our experienced chemists ensure a high level of accuracy in our assay process, using advanced sampling methods and wide-ranging analytical techniques that are optimised for each material. They study the total matrix of the material by evaluating both precious metal and non-precious metal content. This analysis allows us to determine the best processing route for each material, so we can offer our customers the most competitive refining option.

Material tracking is crucial during this stage; on receipt all customer batches are uniquely barcoded to ensure full traceability during evaluation.

Smelting

Once terms are agreed, feeds are combined into much larger batches for smelting. In this pyrometallurgical process, the material is melted at over 1200°C for around 12 hours in large reverberatory furnaces to separate the non-metallic components. Metallic bullion feed is produced which contains all five of the PGMs.

Chemical leaching

The bullion is transferred to chemical leaching where it undergoes leach and dissolution to separate base metals and further concentrate the PGMs.

Chemical separation

Chemical separation is a highly complex multistage process that converts the five PGMs into their final product forms, commonly a PGM salt or sponge. It involves dissolution and a series of solvent extractions, evaporation, precipitation and filtration steps to produce highly pure salts for each PGM. These salts can then undergo heat treatment to convert them to pure precious metal.

Our team of PGM market experts provide comprehensive support in metal management: from developing customers’ metal strategy, to advice on deploying refining outturns to fund future products requirements. Our metal trading and management services give customers the freedom to choose metal return options, up-to-date metal trading information and help in understanding how the PGM markets are likely to develop.

For more information visit our precious metals management pages.