Originally Posted by
APA
Stillwater does not buy from the public or “most buyers”.
“Metallix buys nothing less than 2,000 lbs” but bought your 1,000 lbs. Which is it? Contradicting statements.
Rhodium averages only 5% of the content of the PGM. Palladium and Platinum are the other 95% with Palladium averaging over 50%.
This yard owner’s cats were worth 3 times more than yours? Sounds very strange.. The converter from a city an hour away has virtually the same PGM content as a converter from a more rural area.
If you want to cut open 1,000 cats (2,000 lbs), ship to Metallix, and wait 45 days for your money hoping the market isn’t down, try it out. Metallix knows nothing about individual converters and values to assist you so basically you are on your own. Metallix also will not send you a sample from your assay.....kind of strange.......
Son there's more than 2 pounds of comb in the average cat, unless its a rattler.
If you were buying my dusty roads cats by the numbers your going to loose money as enough fine dust has passed through the air filter to blast off most of the values from the comb onto the roadside.
With out an assay you may as well be blindfolded and we both know your not going to spend $135.00 to assay each converter and neither is Stillwater or the Metallix refinery.
When we de-can converters there is no differentiation between pre=cats, domestic or foreign they all go into the same bag.
The assay from the dealer in the city was shared with me several years ago, I recently did some number crunching, its not the metal market that will bite you in the arse it's inflation that erodes the value of our dollar.
You stated your willing to share your knowledge this I can appreciate, you've given the percentages of the various precious metals found in a domestic cat now how about sharing a few of your assay reports.
Have you figured out yet why domestics catalytic converters contain less platinum group metals than foreign cats.
Because its more economical for the auto manufacture to overload the converter than it is dealing with warranty on foreign soil.
Only an assay will lead you to the truth all other is BS.
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