Recycling Catalytic Converters as Scrap Metal in Calgary
A vehicle’s catalytic converter is one of the most valuable components on it. This device that is incorporated with your exhaust system is what reduces pollutants, but it is also rich in scrap metal. Metal recyclers in Calgary will pay top dollar for used catalytic converters, making it worth the effort to save your own if you can.
Why Are Catalytic Converters So Valuable to Metal Recyclers?
A catalytic converter contains precious metals. Because mining these metals has a negative impact on the Earth (and the cost of metal extraction is extensive), using the metals in the catalytic converter limits the need to mine materials such as platinum.
The demand for platinum metals is increasing worldwide. Because catalytic converters are rich in platinum, they are extremely valuable to recyclers and third party manufacturers.
A Calgary scrap metal company, like Federal Metals, Inc., will accept intact catalytic converters that can be sold to third parties for metal extraction. Extracting the precious metals inside of a catalytic converter requires specialized tools and equipment; therefore, there are only a few companies that are capable of doing so.
How to Recycle a Catalytic Converter
If you have a catalytic converter that you wish to recycle, there are a few things you will need to do:
- Find a reputable metal recycling company that pays for catalytic converters. Federal Metals, Inc. will buy the catalytic converter and we comply with all Alberta Environmental Regulations and Mill Requirements and Standards.
- Find out the going rate for platinum and other precious metals (such as palladium and rhodium) inside your catalytic converter. You may want to hold on to your converter until demand increases or turn it in for recycling now.
- Bring in a fully assembled catalytic converter. Because these are sold to a third party end user, the highest price will be for a full catalytic converter.
- Bring proof of where the catalytic converter was obtained from, ensuring that it is not stolen property.
Federal Metals, Inc. can help you unload unwanted ferrous and non-ferrous metals, including those found in catalytic converters. Our manufacturers use these precious metals for wires, appliances, electronics and even future vehicles.
Visit Federal Metals, Inc. in person to see our recycling capabilities. Call us at 403-236-0402 or contact us online to learn more about what precious metals we accept. We will be happy to educate you on the metal recycling process we follow here and how we can convert your old, outdated catalytic converters into extra income.