The need for recycling is obvious as it is evident that the quantity of natural raw materials available to us is limited. Recycling helps protect the environment by efficient reuse of recyclable resources.
Cars are equipped with catalytic converters which reduce the vehicles emissions of dangerous exhaust pollutants that contribute to acid rain and to the increase in smog and breathing difficulties.
Catalytic converters were first fitted to cars in 1974 and it is estimated that more than 12 billion tons of harmful exhaust gases have been prevented from entering the earth’s atmosphere.
The platinum group metals (PGMs) are key components in catalytic converter technology. To fulfil this task inside the converter, a chemical reaction takes place which needs precious metals from the platinum group metals.
Scrap catalytic converters contain the precious metals Platinum, Palladium and Rhodium.
There is a rising demand for these metals. The platinum group metals are not only used in catalytic converters but also in the jewellery industry for electrical products and for various applications in the chemical industry.
Recycling of catalytic converters does not only help to protect the environment but also helps to match the rising demand for the precious metals.
Rcube is collecting catalytic converters for recycling in the major cities of Australia and in the Asia Pacific region.
Rcube pays for catalytic converters based on the current international market prices for Platinum group metals.