Hi Geo,
Recover and refine rhodium is really a bitch, - an so are rhodium-market and -pricing: highly intransparent and sometimes even clandestine. Rhodium pricing is prone to sudden and drastic changes over very short time-periods, compared to different PM-pricing. Today rhodium is valued lower than gold and/or platinum, but this has been very different in the not too far past, and probably will change in a not too far future, abruptly and drastically. Therefor, the only advice I can give you is, to try to build up a relationship based on mutual confidence with your hoped for customer, offering him the services to recover raw rhodium-metal out of his used up plating baths and to care about the remaining wastes (diluted sulfuric or phosphoric acid, dissolved salts and additives). In my practice, cementation with zinc-dust, added in small increments, with constant stirring, was the way to go. After sedimentation, the precipitate was filtered, washed with plenty of water, taken up in 1M HCl and boiled for about 1 hour, to dissolve some remaining zinc, washed again with water, dried and calcined at 600-800oC, giving raw rhodium-powder of an average content of ca. 85%Rh. This could be collected and given to an external refiner from time to time, or, optimally, back to the producer of the plating baths, who eventually will take in account your rhodium and supply you with fresh bath or concentrate to prepare new baths.
Good luck, freechemist