Platinum (Pt) is a finite precious resource critical to a plethora of industries including the auto industry for the manufacturing of catalytic converters as well as medical, high technology, manufacturing and of course, the jewellery industries. Despite fluid supply and demand outlook and price volatility this year, Platinum is still in high global demand with
SINGAPORE, 18 January 2022 — BR Metals was ranked 7th in the annual Singapore’s Fastest Growing Companies survey jointly conducted by The Straits Times and Statista, a Germany-based global research firm. This is the fourth consecutive year the Company achieved top-ten ranking, and is the only waste management company to have done so. BR Metals is a multi-award-winning
Since August 2021, Platinum Group Metals (PGMs) prices have been on a downward trend. One does not need a market expert to point out that the current bear market is brought about by the ongoing Covid-19 pandemic, which not only dampens global production and sale of new automobiles but also adversely affects international trade with widespread
Gold is one of the rarest and most valuable metals in the Earth’s crust. Most of the world’s supply is mined, but recycling has been gaining momentum in an age of mounting environmental concerns and heightened price volatility. Now, let’s look at the different sources of gold scraps and how we can recycle the world’s
XRF (X-ray fluorescence) and ICP (Inductively Coupled Plasma) analysis are two widely used and accepted methods for the analysis of Platinum Group Metals (PGM) in catalytic converters. As PGM prices become increasingly volatile and competition for spent catalytic converters intensifies, recycling companies that provide the most precise and transparent analysis of these precious metals will
More than 14 countries and over 20 cities around the world are planning to ban the sale of passenger vehicles (primarily cars and buses) powered by fossil fuels such as petrol, liquefied petroleum gas and diesel to varying degrees by 2040. Reasons to ban further sale of fossil fuel vehicles include reducing health risks from
The release of the Tesla Singapore sales portal has sparked a topic of conversation around Electric Vehicles (EV). Singapore has announced the phasing out of Internal Combustion Engine (ICE) vehicles in favour of EV’s in an effort to tackle climate change and build a more eco-friendly city. While EV’s do not produce direct carbon emissions,
There has been a recent spike in catalytic converter theft around the world. Catalytic converter is an emission control device is found in both diesel and gasoline vehicles and contains Platinum (Pt), Palladium (Pd) and Rhodium (Rh). Given the asking price for per ounce of Palladium has increased by almost 200%, Platinum by 360% and Rhodium
BR Metals, a leading specialist in precious metals recycling, achieved top 3 ranking in this year’s Enterprise 50 (E50) Awards. It was the Company’s very first attempt at the prestigious E50 awards that recognise the top 50 Singapore-based, privately-held businesses that have contributed to building a more sustainable, resilient and inclusive nation through continuous innovation,
Finding out and learning about the different types of catalytic converters out there and their value in terms of PGM (Platinum Group Metals) loading can be daunting. So, to make things much easier for you, we have gathered all the relevant information into this article for you. What is a catalytic converter? According to Wikipedia,
Nornickel, the world’s largest producer of palladium and high-grade nickel, resumed some of its critical operations earlier this month after undergoing repair works to improve the safety of its facilities. The 86-year-old Nornickel boasts a whopping 41% share of world’s palladium mining production at 2,868,000 troy ounces. This figure is the highest since 2009. Now, with the mid- to long-term increment in palladium production
Here’s BASF’s new innovation for catalytic converter industry: BASF, a 156-year-old German Giant in chemicals, consumer and industrial solutions, announced in March 2020 their invention of tri-metal catalytic converter. It is reported that the approach would likely substitute between 20% and 50% of the high-valued palladium currently used with lower-valued platinum. This invention is applicable for light-duty
