ANNUAL REPORT
ANNUAL REPORT
ANNUAL REPORT
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10<br />
relIable PerFormance<br />
Metalor Refining Division operates the most advanced<br />
precious metal refining facilities in the world. With more<br />
than 150 years of history in precious metal refining and<br />
strong focus on customer service, the Refining Division<br />
is recognized both for its reliable services and for its<br />
high quality products supplied to electronics and jewelry<br />
industries around the world<br />
meetIng customers’ needs<br />
The Refining Division specializes in<br />
recovering gold, silver and platinum<br />
group metals from a wide range of<br />
precious metal bearing materials.<br />
Depending on precious metal con-<br />
tent, these materials could be either<br />
high grade metallic such as gold and<br />
silver dore, platinum group bullion,<br />
karat scrap and dental scrap etc., or<br />
low grade materials such as work-<br />
shop wastes, manufacturing swarf,<br />
spent metal catalyst, electroplated<br />
metallic scrap and electronics scraps<br />
etc. The materials may be sourced<br />
from banks, mines, collectors, dealers<br />
and industries using precious met-<br />
als. Once received at the refinery, the<br />
materials are first evaluated to deter-<br />
mine the precious metal content. The<br />
precious metals are then separated<br />
from impurities in the refining pro-<br />
cesses. Fine metals are eventually<br />
converted to bullion products which<br />
are accredited with LBMA, TOCOM,<br />
COMEX, Dubai and other major mar-<br />
kets, and specialty products such as<br />
high purity gold (above 99.999%<br />
pure), silver powder, platinum and<br />
palladium salts etc. to meet the needs<br />
of customers from high-technologies<br />
sectors.<br />
The Refining Division operates three<br />
refineries located in Switzerland, USA<br />
and China, respectively. In addition, it<br />
has evaluation centers and sales of-<br />
fices around the world to bring extra<br />
convenience to customers. No mat-<br />
ter where the customers are located,<br />
our proactive and experienced sales<br />
teams are close enough to deliver dis-<br />
tinctive full refining services starting<br />
from acceptance of materials to final<br />
settlement.<br />
the quest For excellence<br />
Maintaining its reputation of Swiss<br />
Excellence is the top priority for the<br />
Refining Division. Continuous efforts<br />
have been made to shorten evalu-<br />
ation and refining throughput time,