It does, however, require transparency and honesty on the part of the catalytic converter processing company, which some might now question, given the obnoxious actions of that particular recycler.
A Verified Sample And Analysis
An adequately collected sample is critical to a correct reimbursement, so you should know that your recycler is doing this correctly and honestly. The entire batch of deconsonated catalyst and dust must flow freely into the sampling system so that each particle has an equal chance of being removed.
The final laboratory grind powder that is used for the analysis is approx. 1% of the total grist should be separated into four samples – one each for internal testing by your recycler; for independent external analysis; for yourself (in case you want to do more testing); for the company’s records in the event of discrepancies. This test determines your final payment, and therefore accuracy and transparency are critical.
The Assay Report.
The investigation report should contain several components:
- The counterbalance should show three weights.
- Gross (after decanning)
- Net Wet (after grinding, with all inert materials and debris removed)
- Net Dry (after determining the humidity and subtracting the weight of the sample).
The test results are the result of the assay, presented in parts per million (PPM). Multiplying by the net dry weight should indicate the total PGM ounces contained (100%). Note that it is impossible to achieve 100% extraction in practice, and typically the reusable ounces are usually in the high 90s for potassium and palladium and the high 80s / low 90s for rhodium as it is more challenging to use extract is.
Refining Date – the date the metal leaves the refining center, usually around three months after it arrives. The nice thing about the assaying process is that you got paid early because of the sample results. However, if you accept this, you will find that your final billing account has some financial burdens resulting from the early payment.
A Full Weight Report
A professional recycler will always include a weight report in the final analysis, which should roughly match your data. Some weight loss is inevitable in the recycling process, but it should be questioned if it is more than 4%. If you do not get any weight loss during the processing process, request an accounting audit. A 1% weight loss could correspond to a 10% or more loss in value.