In catalytic converter recycling, the best recyclers know their numbers and partner with companies that educate. Knowing key metrics about your converter loads safeguards you against potentially misleading metrics.
Let’s talk about where the prices for catalytic converters come from and go from there.
What’s Inside A Catalytic Converter?
The inside of the catalytic converter is a honeycomb set of passageways or small ceramic beads coated with catalysts.
A chemical reaction takes place to make the pollutants less harmful.
There are many passages for the exhaust gases to flow, to allow for the maximum amount of surface area for the hot gases to pass.
There are three primary metals used inside of catalytic converters as well as other materials.
Platinum is the most widely used. You could also find palladium, rhodium, cerium, manganese, and nickel.
How Much Is a Catalytic Converter Worth?
How much your catalytic converters are worth depends on a few factors: the market prices at the time of settlement for the Platinum and the other precious metals that can be reclaimed from your catalytic converters.
How Much Platinum Group Metal Is in a Catalytic Converter?
On average, there are between 3-7 grams of platinum group metals in a standard catalytic converter, but the amount varies based on manufacturer and model.
How To Sell Catalytic Converter?
Watch two primary markets, palladium and platinum. These are the two largest indicators for the market and how the recovery for catalytic converters will happen. It takes a recycling company with specialized equipment to extract and separate the platinum from the converter’s internal honeycomb.