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I think there is another metal too that they are getting, cant think of it off the top of my head right now.
A couple of years ago they were getting just over $100 per cat at our local scrap yards.
J-
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Platinum in the cats?
I think there is another metal too that they are getting, cant think of it off the top of my head right now.
A couple of years ago they were getting just over $100 per cat at our local scrap yards.
J-
Platinum, palladium, and rhodium. (thanks Wiki. Knew the first two, rhodium was new to me!)
Right now, platinum is $1223/ozt, palladium is $777/ozt, and rhodium is $1145/ozt.
A troy ounce is 31 grams ... so if a cat has a couple grams of each in it, melt value is easily $200. Knock off the cost of refining and I can see a scrap yard paying $75-100/cat.