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  • Last updated: Aug 27, 2026 at 10:08pm
Precious metal recycling & refining

How we work

Performance excellence across the precious metals recycling and refining value chain – delivering advanced recycling solutions, global reach and world-class service.

An industry-leading recycling enterprise

Sibanye-Stillwater Recycling operations works with a wide variety of industries, including pharmaceutical, specialty chemical, medical device manufacturing, microelectronics and semiconductor, catalytic converter, electroplating, jewellery manufacturing and retail, nitric acid and automotive. We provide a full turnkey solution, scheduling all transportation, preparing all logistical documents, efficiently processing and purchasing or metal transfer of your precious metal scrap.

Our advanced precious metals refining process technology significantly increases our recycling capabilities, providing an effective and expedient processing route for many precious metals. We are continually innovating to improve our processes and technology – increasing the variety of materials we can process to better serve our customer base.

An ongoing legacy of recycling excellence

Sibanye-Stillwater Recycling operations has and integrated respected leaders in precious metal recovery under a unified, future-focused business.

A brief history

  • Our recycling journey began in 2017 with the acquisition of the Columbus Metallurgical Complex in Montana through the Stillwater acquisition, establishing strong capabilities in PGM recovery from spent automotive catalysts.
  • In 2024, we expanded into electronics and jewelry precious metals recycling with the acquisition of Reldan, shortly after Reldan incorporated PMPC.
  • In 2025, the addition of Metallix Refining Inc. solidified Sibanye-Stillwater Recycling operations’ position as a major North American recycler in the secondary supply of precious metals market.

Sales & customer success team

Our sales & customer success team combines deep industry expertise with a commitment to delivering exceptional customer service throughout the precious metals recycling process. Working closely with you, our team will develop a recycling program aligned with your business goals while maintaining clear communication and full transparency, ensuring you remain in complete control of your material at every stage.

Flexible financing

We understand that every business has unique financing needs and can offer a variety of flexible financing options to help you achieve your goals.  Through our post-settlement plans you can choose to combine ounces, receive direct payment through wire, check, or ACH, transfer metals to an account of your choice, or obtain physical metals. Our dedicated finance team is ready to work with you to design the right capital management strategy for your business.

Insurance

We prioritize the safety and security of our assets and our clients’ assets. Sibanye-Stillwater Recycling operations has partnered with highly accredited insurance institutions and invested in comprehensive insurance and risk management policies to ensure that we are fully protected. You can trust us to always have your best interests in mind and to take all necessary measures to mitigate any potential risks.

Security

Our facilities are access controlled. Surveillance and security are a top priority to safeguard our people, property and processing material.

All employees and visitors pass through our loss prevention X-ray system to identify any metal on their person, both on entry and exit.

How precious metals recovery works

We understand that different waste types require different metallurgical routes. Our stringent process results in maximum metal recovery while ensuring the safety of our people.

Material processing and sorting for precious metal recovery Metallix Reldan
1. Waste stream identification

Plating solutions, sludges, resins, scrap components, and rinse waters are sampled and analyzed.

Industrial waste streams containing precious metals for recyclin
2. Waste stream processing

Material profiling determines the processing route based on the metal, substrate, and complexity of separation.

Precise sampling and analysis of recycling materials Metallix Reldan lab
3. Analytical laboratory

Samples of each
lot are sent to the precious metal testing laboratory for their precious metal type and content.

Sibanye-Stillwater recycling team managing metallurgical processes
4. Refining and reporting

Recovered metals are refined to specification with full transparency, compliance, and traceability.

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Waste streams

An extensive array of precious metal recovery services tailored to every major industrial sector. We call it intelligent refining!

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Capabilities

Advanced precious metals refining processes, expanding material capabilities, and investing in next-generation technologies to maximize value for our customers and suppliers.

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Certifications, compliance & policies

Through accreditation, we assure our customers that we meet strict industry standards for safety and environmental stewardship.

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