How to Prepare Your Scrap for Refining
If you want to get the highest return for your scrap lot, congratulations, you’ve come to the right place, because Atlantic Precious Metal Refining offers the highest returns in the industry. In addition to refining with Atlantic, there are a number of things you can do to truly maximize your return.
When choosing a refiner, here are some important questions you should ask them first:
- Do you process scrap lots within 10 business days?
- Do you calculate settlements based on 100% of recovered metal content for gold, silver, platinum and palladium?
- Do you charge a fee for processing palladium?
- Do you have a minimum charge for smaller lot sizes?
- Do you have more than 150 years of experience working with the dental industry?
Step 1: Properly collect your scrap
It is very important to keep your precious and nonprecious materials separate! Utilize separate workstations and dust collectors for precious and nonprecious alloys—a quality dust collection system will pay for itself, probably on your next return. Also, use a magnet to separate out anything that is nonprecious.
Save everything that comes into contact with precious metal scrap including paper towels, disposable floor mats, carpet, vacuum bags, filters, casting well debris, crucibles, torch tips and pan liners. All of these items may house precious metal, so save it all and include it in your scrap shipment.
Step 2: Preparing your scrap shipment
Your business card is a great way to include your name, company name, address, contact phone number and email address inside the shipping container.
Include a detailed list of the items you are sending such as solids, grinds, sweeps, vacuum bags, filters, carpet, etc., and be sure to include approximate weights for each type of scrap. It’s also a good idea to take a photo of the items.
Solids, grinds and sweeps should be placed into separate heavy duty re-sealable plastic bags. Carefully seal the bags and place them into your shipping container.
Vacuum bags and filters should also be placed into heavy duty re-sealable plastic bags and sealed before being placed into shipping containers. If a vacuum bag splits open during transit, there’s no way to tell just how much precious metal materials escaped and how much money you’ve lost.
Carpet should be cut into manageable pieces and tightly rolled. Each roll should be placed into a heavy plastic bag and sealed before being placed into a fiberboard drum for shipment.