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Marketplace/Precious Metals/Platinum Scrap
Platinum Scrap
Precious Metals

Platinum Scrap

Grade: VariousVery High Tier

Platinum from catalysts, jewelry, industrial applications

Market Price EstimateUpdated Daily
$42,500/ MT
+3250 (8.3%)vs yesterday
Verified specifications & market data
OverviewSpecificationsPrice CalculatorLogistics & HandlingCompliance

Certification Requirements

Required certifications, standards compliance, and verification protocols.

Fire Assay Report - LBMA Accredited Platinum
Explicit Requirement
  • Must Provide Explicit Fire Assay: 'Platinum Purity 85-99.95% Quantified To 0.001% Precision (Fire Assay/Cupellation Standard)
  • Palladium <10% Verified
  • Rhodium <5% Ultra-High-Value Documented
  • All Precious Metals Accounted For
  • Lbma Market-Standard Certification Absolute'
LBMA Platinum Compliance Certificate
Explicit Requirement
  • Must State Explicitly: 'Material Complies With Lbma (London Bullion Market Association) Platinum Standards For Precious Metal Market Trading
  • International Market-Tradable Standard Met Absolute
  • Platinum Precious Metal Authenticity Confirmed'
ICP-AES Comprehensive Elemental Analysis
Explicit Requirement
  • Must Provide Explicit Icp-Aes: 'Platinum 85-99.95% Verified
  • Palladium <10% Documented
  • Rhodium <5% Ultra-Precious Documented
  • Iridium <1% Documented
  • Gold/Silver Trace Quantified
  • Lead <0.01% Ppb-Level Verified
  • Cadmium <0.01% Ppb-Level Verified
  • All Elements Explicitly Quantified'
PGM
Explicit Requirement
  • Must Verify Explicit: 'Platinum Alloy Authenticated As Genuine Platinum Group Metal (Not Counterfeit/Substitution)
  • Pgm Composition Fingerprint Verified
  • Platinum 85%+ Confirmed Genuine
  • Market Authenticity Absolute'
Chain of Custody Documentation
Explicit Requirement
  • Must Document Explicit Chain: 'Complete Documented Transfer Chain From Source Through All Handlers Permanent
  • Weight Verification At Each Transfer Signed
  • Sealed Container Integrity Verified At Each Transfer
  • Signature Authority Explicit At Every Step
  • No Gaps In Documentation Absolute
  • Precious Metal Security Protocol Permanent'
Source Verification Certificate
Explicit Requirement
  • Must Verify Explicit Source: 'Platinum Source Confirmed [Catalytic Converter/Jewelry/Industrial Specific]
  • Typical Pgm Composition Consistent With Claimed Source
  • Catalyst Substrate If Applicable
  • Source Authenticity Verified Absolute'
Hazmat Screening Certificate - PPB EXTREME
Explicit Requirement
  • Must State Explicitly: 'Lead <0.01% Ppb-Level Verified Precise
  • Cadmium <0.01% Ppb-Level Verified Precise
  • Occupational Hazmat Risk Minimal Verified
  • Catalyst Substrate (If Applicable) Within Tolerance
  • Worker Safety Assured'
Weight Certification - Multi-Point Verification
Explicit Requirement
  • Must Certify Explicit: 'Weight Verified By Certified Precious Metals Scale [Laboratory/Refinery Grade Precision]
  • Reweighing At Receipt Mandatory
  • Weight Variance <1% Documented Absolute
  • Weight Certification Signed By Scale Authority Permanent'
Insurance Certificate - Ultra-Premium Coverage
Minimum Coverage
  • 200% Of Declared Precious Metal Value Minimum
  • Ultra-Premium Precious Metal Platinum
  • Ultra-Premium Precious Metal Platinum
  • Dual-Source Convergence
  • Lbma Market Commodity
  • Ultra-High-Value Extreme
  • Maximum Insurance Tier Required Extreme

Rejection Criteria

Conditions and thresholds that trigger immediate rejection or downgrading.

Platinum content insufficient
Threshold

Pt <85%

Action
  • Immediate Full Rejection
  • Lbma Market Disqualification
Reason
  • Platinum Below Precious Metal Scrap Specification
  • Lbma Market Rejected
Test Method
  • Fire Assay Or Icp-Aes
  • Platinum Purity Quantification
Severity

ABSOLUTE CRITICAL - PRECIOUS METAL SPECIFICATION FAILURE EXTREME - ZERO TOLERANCE

Consequence:
  • Full Rejection
  • Unsuitable For Lbma Precious Metal Market
  • Significant Value Loss
Not platinum or counterfeit precious metal
Threshold

Material identified as non-precious or fraudulent platinum

Action
  • Immediate Full Rejection
  • Fraud Investigation Mandatory
  • Legal Protocols Activated
Reason
  • Fraud Extreme: Material Is Not Genuine Platinum
  • Precious Metal Fraud Catastrophic Extreme
Test Method
  • Fire Assay + Icp-Aes Verification
  • Alloy Fingerprint Analysis
  • Authenticity Confirmation Extreme
Severity

ABSOLUTE CRITICAL - FRAUD ALERT - PRECIOUS METAL AUTHENTICATION FAILURE - ZERO TOLERANCE EXTREME

Consequence:
  • Full Rejection With Investigation
  • Precious Metal Fraud Investigation Initiated
  • Regulatory Notification Possible
Lead contamination excessive
Threshold

Pb >0.01% ppb-level

Action
  • Immediate Full Rejection
  • Hazmat Protocol
Reason
  • Hazmat Violation Critical: Lead Exceeds Ppb-Level Precious Metal Limit
  • Occupational Concern Extreme
Test Method
  • Icp-Aes Ppb-Level Verification
  • Lead Quantification
Severity

CRITICAL - HAZMAT VIOLATION - PRECIOUS METAL PPB FAILURE - ZERO TOLERANCE

Consequence:
  • Full Rejection
  • Hazmat Disposal Protocol Required
  • Market Disqualification
Cadmium contamination excessive
Threshold

Cd >0.01% ppb-level

Action
  • Immediate Full Rejection
  • Hazmat Protocol
Reason
  • Hazmat Violation Critical: Cadmium Exceeds Ppb-Level
  • Toxic Element Extreme
Test Method
  • Icp-Aes Ppb-Level Verification
  • Cadmium Quantification
Severity

CRITICAL - HAZMAT VIOLATION - PRECIOUS METAL PPB FAILURE - ZERO TOLERANCE

Consequence:
  • Full Rejection
  • Hazmat Disposal Protocol
  • Market Disqualification
Excessive base metal contamination
Threshold

Fe+Ni+Al >3%

Action

Full rejection or severe downgrading

Reason
  • Base Metal Contamination Excessive
  • Catalyst Residue Burden Extreme
Test Method
  • Icp-Aes
  • Elemental Profile Verification
Severity

CRITICAL - CONTAMINATION FAILURE

Consequence:

Full rejection or major downgrading

Unknown PGM composition or source
Threshold

Cannot determine platinum purity or source; composition UNCERTAIN

Action
  • Full Rejection
  • Quarantine Pending Investigation Mandatory
Reason
  • Material Composition Uncertain
  • Precious Metal Authenticity Unconfirmed
  • Extreme Risk Precious Market Fraud
Test Method

Fire assay + ICP-AES comprehensive analysis MANDATORY

Severity

CRITICAL - AUTHENTICATION FAILURE - PRECIOUS METAL UNCERTAINTY - ZERO TOLERANCE

Consequence:
  • Full Rejection With Investigation
  • Precious Market Disqualification
  • Indefinite Quarantine Possible
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