Elemetal Platinum Refining

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Scrap Platinum Jewelry

Elemetal has the largest network of platinum-refining locations in the United States, so you can be sure that your products will be handled with care. There are no minimums on platinum lots and Elemetal's industry-fastest turnaround time makes it the smartest choice to refine all of your platinum products. Plus, all lots are settled on the same day, so you'll get your payout quickly.

Get a fast estimate on the value of your scrap platinum jewelry with our Scrap Platinum Calculator.

Molten metal being poured into mold during industrial precious metal refining process

Medical Platinum / Catheter Tips

Platinum and platinum-group metals (PGMs) are increasingly being utilized in medical devices, and Elemetal serves as the primary refiner for a variety of North America’s leading medical groups. PGMs require particularly intense heat during the refining process, however, Elemetal has the ability to refine these metals at each of its locations nationwide and can provide same-day settlement on nearly all lots.

Pure platinum wire

Platinum Bullion & Liquidity Services

Elemetal makes a market in all major platinum products, including platinum bars and rounds. Whether you're looking to buy, sell, or exchange platinum, we provide reliable access to physical metal through our national trading desk.

To explore real-time trading opportunities and see our full range of offerings, visit our Precious Metals Trading page. 

Customers can view available products in our catalog or register for Elemetal's daily pricing sheet for the latest market updates.

Credit Suisse platinum bars and Canadian platinum coins displayed in protective packaging
Open a Wholesale Refining Account

Frequently Asked Questions

  • Common methods include chemical dissolution, electrolysis, and thermal processes. Each method aims to eliminate impurities and achieve the desired level of platinum purity.

  • Yes, platinum is a highly recyclable metal. Refining allows for the extraction of platinum from recycled materials, contributing to sustainability efforts and reducing the need for new mining.

  • Refining platinum may allow you to obtain a return on scrap or recycled platinum products and jewelry. This, in turn, enhances the market value of the platinum lot and its suitability for manufacturing various high-performance products.

  • Platinum's high price is due to its rarity, key properties, and diverse applications. It's significantly rarer than gold or silver, making its mining and refinement costly. Platinum is highly valued for its remarkable properties, such as high resistance to corrosion, excellent conductivity, and catalytic abilities. These properties make it essential in various industries, including automotive for catalytic converters, jewelry, and electronics. Its role in industrial applications, especially in emission control technologies, drives substantial demand. Like gold and silver, it's also considered a safe investment in volatile economic times. Market dynamics, including global demand, currency values, interest rates, and geopolitical events, further influence platinum's complex pricing structure.

Looking for a platinum refinery near you?

Elemetal is America's largest precious metals refiner, providing platinum refining in over 45 locations across the United States. Refine platinum and platinum-group metals from medical devices and more.

Find a platinum refinery near you today!