Comprised of PGM of Texas,
Legend Smelting and Recycling, Daniel Ball Converter Recycling, and
Maryland Core, Inc., Elemental North
America is poised to become the strongest player in the recovery of
strategic metals in the Western Hemisphere.
SAN
MARCOS, Texas, June 19,
2024 /PRNewswire/ -- Four leaders in the North
American catalytic converter recycling industry—PGM of Texas, Legend Smelting and Recycling, Daniel
Ball Converter Recycling, and Maryland
Core, Inc.—have rebranded as Elemental North America.
Announced on June 19th,
the new name signals the evolution of these companies from the
collection and processing of used catalytic converters to a new
stage of recovering and refining strategic metals.
"Our capabilities and our footprint in North America have grown tremendously in
recent years, thanks to our partnerships with the Elemental Group
and with each other," says JR Willis, CEO of PGM of Texas. "As we take this next big step—from
collecting and processing catalytic converters and other scrap,
into smelting and refining the strategic metals they contain—we are
excited to be doing it with one name."
Elemental North America will
specialize in processing and refining critical elements and
returning them to circulation, supporting global green initiatives
and sustainable development. Thanks to their combination of
resources, experience and technology, the group will be able to
effectively meet the constantly growing demand for the strategic
metals crucial for modern technologies.
"By consolidating all our North American businesses under one
name and logo, we aim to emphasize that partnering with us means
engaging with the largest and most reputable auto catalyst recycler
and refiner globally," adds Joel
Glaser, CEO of Legend Smelting and Recycling. "By operating
our own state-of-the-art PGM refinery, Elemental North America is
the first business designed and built to bring refinery-direct
options to the material generators level. This approach reduces
supply chain layers, empowers our customers, and significantly
improves industry transparency."
Elemental North America will
continue to cooperate with the other Elemental Group companies,
including Elemental Strategic Metals, which has launched a modern
metallurgical plant in Poland,
enabling the refinement of valuable precious metals—including the
platinum, palladium, and rhodium found within catalytic
converters.
"Uniting our four American companies under the Elemental brand
is a natural step in developing and expanding our business,"
explains Krzysztof Spyra, COO PGM
and M&A of Elemental Group. "It is also a strong signal to the
market that we are not standing still, but are constantly
developing, and our aspirations are still growing."
More information about Elemental North America can be found at
www.elementalna.com
About:
Elemental Group
Elemental Group is a global leader in urban mining, with a focus
on extracting strategic metals from various recycled metal sources
such as spent automotive catalysts (SACs), waste electrical and
electronic equipment, printed circuit boards (PCBs), used Li-Ion
batteries, and non-ferrous scrap metal. The company recovers
strategic metals such as platinum group metals, copper, and other
base and precious metals in an environmentally friendly way.
Elemental currently has subsidiaries in 35 countries, with more
than 50 collection and processing facilities in Europe, the United
States, Turkey, UAE and
Malaysia. Learn more about:
https://www.elemental.biz/
PGM of Texas
Established in 2010 with its headquarters in San Marcos, Texas, PGM of Texas has collaborated with law enforcement in
recent years to help fight converter theft and set industry
accountability standards, culminating in the passage of the Deputy
Darren Almendarez Act in 2023.
Legend Smelting and Recycling
Legend Smelting and Recycling was established in 1982 as a
non-ferrous recycling center in Newark,
Ohio. Recognizing the emerging opportunity presented as the
first catalytic converters began to show up in salvage yards, the
company strategically shifted its focus to this niche. Since then,
Legend Smelting & Recycling has been at the forefront of
catalytic converter recycling, consistently setting industry
standards.
Maryland Core, Inc.
More than two decades ago, Ray
Aizen founded Maryland Core,
Inc., initially operating from a pickup truck and a storage unit.
What began as a modest automotive recycling business has since
evolved into one of the premier names within the industry in the
Mid-Atlantic region.
Daniel Ball Converter Recycling
Daniel Ball Converter Recycling (DBCR) commenced operations in
the mid-1980's, focusing on processing converters in the Midwest.
In 1993, they relocated to Johnson City,
Tennessee, where they expanded their operations throughout
the southeastern United States.
While converters remain the primary focus of DBCR, the company also
recycles aluminum wheels and other small automotive parts.
Contact:
Doug Seliger
1-844-271-9198
doug@pgmoftexas.com
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SOURCE PGM of Texas