SAN FRANCISCO, CA — (Marketwired) — 09/18/13 — The largest end-use application for platinum group metals, automotive catalytic converters, is also North America–s largest potential source. Every year, nearly 15 million North American cars will expire — and recycling the platinum group metals within them is far cheaper than building a three-mile mine shaft in a faraway country. In this interview with , Sylvain Boulanger, CEO of (TSX VENTURE: POI), describes how his company–s technology improves recoveries, simplifies the supply chain and reduces costs.
What is Pro-Or Inc. and how is it tapping North America–s platinum group metals (PGMs)?
is a clean technology company that uses a patented chlorination process to recover PGMs from recycled automobile catalytic converters. The company currently operates a small-scale industrial plant that recovers platinum, palladium and rhodium. The process recovers more than 97% of PGMs from a typical catalytic converter. Our PGM recovery process is much less capital intensive, with a much quicker turnaround than conventional recycling or smelting alternatives. Our company goal is to become the global leader in sustainably recycled precious metals for the automobile industry.
Can you describe the technology? Is it only for PGM recovery?
I–ll try to skip a Ph.D. chemistry course and give you an example that people will be able to remember….
Continue reading this interview with Sylvain Boulanger:
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Pro-Or Inc. paid The Metals Report to conduct, produce and distribute the interview. Pro-Or Inc. had final approval of the content and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Pro-Or Inc. and not Streetwise Reports or The Metals Report or its officers.
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