LEGEND SMELTING AND RECYCLING
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Payment on Assay

Discover the true value of your catalytic converters.

How does Payment on Assay work?

Metal Hedging

​1) Call us to lock in your Platinum, Palladium, and Rhodium prices, and we will hedge the metals on your behalf.

Shipping

​
​2) Ship your material to us, or arrange for a pick-up.
​(See our shipping/receiving requirements HERE).

Money Advance

3) When your material arrives at our facility, we can advance up to 80% of the expected value.

Material Grading

​4) The load is checked in. Silicon Carbide DPFs, and Foils are removed from the lot and paid for separately.

De-canning

​5) The cats are then sent to our presses for decanning. Any airborne dust is collected and paid for.

Milling

​6) The honeycomb is milled, and a sample is taken.

Laboratory Analysis

​7) The sample is sent to our laboratory for assay. 

Final Payment
​
​8) You receive payment, along with a settlement sheet detailing the entire transaction.

Who qualifies for Payment on Assay?

  • We require a minimum lot size of 800 pounds (approximately 400 units).
  • Seller must have a valid business license.

When do I get paid?

  • An advance can be issued as soon as your converters arrive at our facility.
  • Final payment is generally issued within 3 weeks from receipt of the material.

Why should I choose Legend Smelting and Recycling to process my catalytic converters?

  • State-of-the-Art Equipment - We have invested heavily in the machinery that we use to process, sample, and analyze catalyst material. Everything from the shears, dust collection system, ball mill, and laboratory instruments; it all works in tandem to ensure quick and reliable results.
  • Unbeatable Terms - As a high-volume producer of recycled catalyst material, we get extremely competitive terms through our refiner, which we are then able to pass along to our suppliers.
  • Access to Information - Our suppliers are given access to our Converter Database, which features thousands of catalytic converter part numbers and pictures. Prices are calculated based on your hedges to protect you against market fluctuation.
  • Total Transparency - Visit our facility, meet with our people, watch our processes, and ask us questions. It's your material, and you should feel comfortable with how we handle it.
  • Friendly Service - We are here for you, and we aim to make the assay process as smooth and easy as possible. If you have questions or concerns, we are always glad to help.

Where do I sign up?

Contact us today!
Ball Mill
Catalytic converters are milled and sampled here.
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Legend Smelting and Recycling

(740) 928-0139   |   (800) 745-2387
Copyright © Legend Smelting and Recycling LLC, 2023
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  • Home
  • Materials
    • Catalytic Converters
    • Non-Ferrous Metals
  • Services
    • Converter Database
    • Payment on Assay
    • Laboratory
  • Locations
    • Ohio
    • California
    • Illinois
    • Indiana
    • Michigan
    • Oregon
    • North Carolina
    • Iowa
  • Contact
  • Updates
    • Articles
    • Events
  • Log-in