What You Need to Know about Making Money by Recycling Platinum Catalysts
Platinum is a bright, shiny precious metal that has unique properties when it is used as a catalyst in a number of different applications.
When a variety of different gases are passed through platinum-containing powders and wafers, the platinum causes unique things to happen, as we’ll explore in a minute. And the good news for recyclers is that even after that platinum is no longer functioning efficiently, enough platinum is left behind to be worth recycling.
Let’s learn more.
Platinum Catalysts in Fuel Cell Motors
In the coming decades, most experts agree that used platinum from fuel cell-powered vehicles is about to become much easier to find. As we have noted on this blog in the last few months, fuel cell-powered cars are currently only being sold in California. However, as gas stations across the country tool up to sell hydrogen, this type of car is about to have a boom. (Note that in the past, a number of municipalities and utilities have already been fielding fleets of fuel-cell powered vehicles.)
Keep this source of platinum on your radar! Forward-thinking recyclers will be claiming used platinum catalysts and recycling them for money. It is a trend that is about to happen.
Industrial Platinum Catalysts
They are used in a number of industrial applications, including petroleum processing plants. So be on the lookout today, because you may be able to get your hands on quantities of used platinum scrap. And when you do, contact us to learn more about how we can extract the platinum they contain and issue you payment for it.
Industrial Catalytic Converters
These are used to reduce the noxious and harmful gases that enter into the exhaust from diesel generators that are used to provide ongoing of back-up electrical power for hospitals. (Note that we are no longer recommending that you make money by collecting and recycling catalytic converters from cars; they are becoming scarcer and collecting and storing immense quantities of them to recycle is no longer an attractive activity for precious metal investors.)
Still More Sources of Valuable Platinum Scrap . . .
Platinum scrap is also available from non-catalytic sources that include used or unused medical testing supplies, platinum raw materials from jewelry manufacturers, and unsold platinum jewelry.
Platinum, that bright, shiny metal we all like so much, is plentiful and can provide a good source of income for investors.
Want to know more? Contact our precious metal refiners today at 800-426-2344.
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