Founded in 2009 to provide a sustainable and efficient alternative to deep-earth mining, the company now recovers 80,000 troy ounces of PGM annually from spent materials like catalytic converters, diesel particulate filters (DPF), spark plugs, oxygen sensors, industrial catalysts and automotive electronic control units and returns it to the circular economy. BR Metals recovers platinum group metals – specifically palladium, platinum and rhodium – from catalytic converter scrap that it acquires from suppliers such as car scrapyards.Â
The company currently has four patents for different components of its sampling line, which were developed to increase efficiency and reduce material wastage.
The company’s headquarters are in Singapore – it set up an office here in 2014 to take advantage of Singapore’s newfound status as a regional precious metal trading hub.
Between the 2016 and 2020 financial years, the company’s revenue grew from US$4.8 million (S$6.3 million) to US$130 million (S$172.5 million) and currently has two processing facilities in Shaoguan, China and Singapore, as well as offices in China, Singapore and Cambodia.
According to brmetalsltd.com, ft.com and businesstimes.com.sg
