Looking for a trustworthy refiner in the northeast

[bklopsy]

I have a few thousand lbs of e waste material stock that I want to refine.

Can anyone vouch for either "SPECIALTY METALS" in Connecticut or "123 PRECIOUS METAL REFINERY" in North Carolina. 123PMR quoted 80% buy after assay, where SM quoted 98% buy after assay with upfront processing fees. Turn around time for 123 (no mother boards) is two weeks: mother boards is 30 days. SM turn around is three weeks for cards and cpus and I beleive they quoted me 45 days for mother boards

I am concerned about trust and efficiency of refine (losses.)

I am open to suggestions. I live in the North East and would prefer to establish relationship with a reputable and trustworthy refiner any where from Mass. to Pa. I have access to an endless e waste supply and am looking for a long term relationship!

No soliciters for scrap purchase: please, I am having refined myself!

 

[nickvc]

There is a fantastic post on the forum about sampling and how to witness it to save the worry of whether you are been cheated or not,i think it was by GSP but im not sure,that seems the only way to be 100% sure of your assays.If it wasnt GSP then im sure someone will correct me.

 

[bklopsy]

I stay tuned
Thanks nickvc

 

[EDI Refining]

both those two probably don't refine, just assay, and pay then ship to a true electronic refiner.

In my opinion with a few thousand pounds your better to sell as is. Then you know exactly what your getting, without a chance of a fixed assay

 

[bklopsy]

P3M

Nice try, again, no buying solicitations. PLEASE!

 

[Noxx]

Lol Peter.

 

[bklopsy]

i am obviously missing something here. Anyone want to clue me in?

 

[EDI Refining]

P3M

Nice try, again, no buying solicitations. PLEASE!

Try to view your two mentioned "refineries". Specialty wouldn't let me view due to health and safety, which I didnt buy.

Let us know your feedback, whereever you decide to go. From a true electronic refiner, you should get credited Ag, Au, Cu and Pd.

A couple true electronic refiners are Umicore, Xstrata and Hanawa and theres a couple more in Europe.

 

[bklopsy]

P3M

Thank you

 

[4metals]

All you're going to find are refiners who incinerate the material and make a powdered sweep and melt the metallics in copper for refining by a copper refiner. They will have incoming per pound charges for the material to cover the incineration, crushing, sifting, and melting of the oversize fraction. Then they want a percentage for their trouble.

Unless you can prepare the material yourself, you won't get a much better deal. You do not have the quantities required to deal with the end refiners yourself so you will have to pay the middleman. You can get a fair shake from the refiners you listed if you witness your material and get samples but they have to make a profit as well.

 

[bklopsy]

4metals

Thanks a lot for info. "Witnessing" my material is a term I have heard many times but do not completely understand the specifics of that process. Do you mind helping?

 

[4metals]

No problem,

About a year ago I posted under the "selling your precious metals" section a complete set of instructions for witnessing material. I believe the thread was called "I was screwed by 2 different refineries" If I was better at this I would provide a link but it never seems to work for me. Anyway about halfway through the thread I wrote 4 or 5 rather large posts about witnessing your materials.

Read them and ask me anything you don't understand.

 

[bklopsy]

I'll do the leg work. Thanks for the lead. Big time!

 

[bklopsy]

4metals
I found the post and your information is fantastric, very spelled out. I thank you again and again

Brooks

 

[bklopsy]

4metals

Those posts are a must read, an insurance policy.

again, thanks

Brooks

 

[nickvc]

My apologies 4metals for not remembering it was your posts about sampling but i do know they were spot on if you want a fair deal and peace of mind.

 

[Harold_V]

I have a few thousand lbs of e waste material stock that I want to refine.

Can anyone vouch for "123 PRECIOUS METAL REFINERY" in North Carolina.

123?
Sure, I'll vouch for them. Here's my comments.

I submitted my platinum sponge, known to be contaminated, when I liquidated a few years ago. Please do keep in mind, I knew it was not pure.
After submitting a sample to be assayed, it was found to be, strangely, 90%, which I doubted, but was willing to accept. I was charged an assay fee that was supposed to be refunded when the transaction was completed.

The amount of platinum sponge submitted was not small. If memory serves, it was under 60 ounces, but more than 50 ounces. I am sorry to say, I do not recall the specifics, due in part to having owned not just sponge, but platinum bits recovered from years of refining. They were not included in this transaction.

When settlement time came about, I was paid based on 80%, and was not refunded the assay fee until I made a demand. Do keep in mind, they also withheld from the lot their "fees".

If you want a recommendation from me, it's to stay away from that refinery.

If, by chance, this individual cares to pay me for the amount that was misappropriated, I may see the operation differently and offer a better review.

For the record, the same platinum was submitted to Kitco, who offered to buy based on 70% content. Not 69.78%, not 71.34%, but 70%. How ironic!

As far as I'm concerned, they're all crooked-----based on other experiences as well. Worst offender of all? Eastern Smelting and Refining. I had a less than pleasant experience with them, but one of my customers, a goldsmith, was shorted a large amount of gold, yet his waste that was submitted yielded a surprising amount of silver. Strange when you consider he was not a silversmith, and should not have received a greater return on silver than gold.

I had a poor return from Pease & Curren regarding palladium.

What did I learn about commercial refiners?

They are not to be trusted.

As GSP has so eloquently stated, they are, truly, the last liar.

Harold

 

[goldsilverpro]

About a year ago I posted under the "selling your precious metals" section a complete set of instructions for witnessing material. I believe the thread was called "I was screwed by 2 different refineries"

http://www.goldrefiningforum.com/phpBB3/viewtopic.php?f=72&t=3166

 

[Irons]

I've been burned by Eastern too. They changed their name to Refinity. Same old Wh**e in a new dress.

Later, I sent them a sample of some really good material. They told me they would love to process it. I told them to keep the sample for their trouble.
That's the last they heard from me.

 

[bklopsy]

You guys have all been very helpful. Thanks Harold, goldsilverpro and irons.
4metals, you have provided a closest thing to a safe guard and will use it to protect my efforts of collection.

Brooks