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How much platinum can be recovered from a catalytic converter?

How much platinum can be recovered from a catalytic converter?

On average, there are between 3-7 grams of platinum in a standard catalytic converter, but the amount varies based on manufacturer and model. So you can see how our minimum acceptable lot size of 500 catalytic converters or 1000 pounds of loose catalyst can add up to reclaimed profits for you.

Can you get the platinum out of a catalytic converter?

In order to extract the platinum from within a catalytic converter, the converter must be removed completely from the vehicle. Most catalytic converters simply bolt on to a vehicle’s exhaust system with a series of threaded bolts.

Is it worth it to extract platinum from catalytic converter?

Those that come from trucks yield more than the regular ones in cars. Overall, dismantling the catalytic converter to retrieve platinum can be quite exhaustive but still rewarding as platinum is truly a rare and valuable metal.

How much platinum is in a catalytic converter and how much is it worth?

The Shorter Answer… Depending on the age and type of vehicle, the PGMs in a catalytic converter can be worth anywhere from $100 to a rare $1,000 or more. The newer and/or smaller cars being closer to $100. The larger, older vehicles could have catalytic converters worth $600 and up.

How much is a gram of platinum worth today?

Unit conversion for Platinum Price Today

Conversion Platinum Price(Spot) Price
1 Troy Ounce ≈ 31,10 Gram Platinum Price Per 1 Gram 32.20 USD
1 Troy Ounce ≈ 0,031 Kilogram Platinum Price Per 1 Kilogram 32198.97 USD
1 Troy Ounce ≈ 1,097 Ounce Platinum Price Per 1 Ounce 912.83 USD

What are the most valuable catalytic converters for scrap?

Amazingly, the top three most expensive precious metals found within a catalytic converter include rhodium, palladium, and platinum!

Will platinum go up in value?

Will platinum go up? Investment banks like ABN AMRO and ANZ expect the platinum price to rise into 2022 on growing demand from the automotive industry and a continued supply deficit.