Metals And Mining Review

Multimetco

Jim Allen, CEO, MultimetcoJim Allen, CEO
Multimetco is an industry-leading recycler and expert in the extraction, processing, and refining of platinum group metals (PGM) from spent automotive and industrial catalysts. Its services are designed to provide customers with quick turnaround times and competitive prices.

Equipped with state-of-the-art machinery, including plasma arc furnaces, Multimetco processes catalytic converters and industrial catalysts to extract PGM metals, which are tapped, cooled, and refined before being used to produce new products like fresh catalysts or jewelry, completing the recycling loop. At the same time, the slag flowing from the furnace is cooled, crushed, and sold to other businesses for various purposes, from manufacturing steel to producing aggregate.

A thorough onboarding process ensures that the materials are sourced only from legitimate businesses. An on-site precious metals laboratory, with statistical process controls, evaluates feed material for potential reclamation. Multimetco is also actively involved in bringing legislation to minimize the exposure to unlawful material sourcing channels.

Operating numerous purchasing facilities across the U.S., Multimetco has a large-scale buying network spanning the globe, enabling suppliers to deliver materials to the closest facility or have them picked up by its trucks.

Its mobile application, Multimetco Catalog, plays a major role in helping customers purchase quality and profitable products for their autocatalyst division.

The application is compatible with iOS and Android devices and has an extensive database of catalytic converters, enabling customers to identify the value of the PGMs in them. Through the application, the team also shares smart purchasing practices and equips customers with tailor-made tools to enable them to become educated buyers in the market. The application can be customized to the specific needs of each supplier, assisting them in making informed decisions.

Dedicated to helping its customers in every step of the recycling process, Multimetco houses a customer service team that strives to get customers the best price on metals. The team also works with its suppliers in areas like assistance with transportation, updates on the status of the materials sent, clearing wire advances and prepayments for shipments, and promptly assisting with final settlements.

  • At Multimetco, we believe that transparency builds knowledge, knowledge leads to certainty, and certainty leads to trust. Our customers trust us to reclaim the precious metals from the valuable material they send us

“At Multimetco, we believe that transparency builds knowledge, knowledge leads to certainty, and certainty leads to trust. Our customers trust us to reclaim the precious metals from the valuable material they send us,” says Jim Allen, CEO at Multimetco.

Placing great emphasis on partnership, experience, and trust in its work culture, Multimetco forges long-lasting relationships with its suppliers and ensures customer loyalty through transparency in its operations. As part of its trust-building initiatives, the team encourages suppliers to visit its production facilities and educates them on every step of the extraction and smelting processes.

Unfazed by the pandemic, it continued to help its suppliers access catalytic converters despite the reduced number of scrapped vehicles. The team devised effective strategies that allowed suppliers to efficiently buy scrap parts for recycling.

Multimetco pioneered the technology to smelt auto catalysts in the early 1980s, reclaiming precious metals from catalytic converters. It is the longest-running auto catalyst smelter in the world, with expanded capabilities to handle various industrial catalysts. Its strong customer focus, coupled with an emphasis on the authenticity of acquired materials, is key to its years of success. Backed by over four decades of experience in smelting automotive and industrial catalysts, it continues to create solutions that meet and exceed customer expectations.

Top 10 Metal Recycling Companies - 2023

Company
Multimetco

Management
Jim Allen, CEO

Description
Multimetco is an industry-leading recycler and expert in the extraction, processing, and refining of platinum group metals (PGM) from spent automotive and industrial catalysts. Its services are designed to provide customers with quick turnaround times and competitive prices.