Metallix Refining
Metallix Refining is a US-based precious metals recycler, founded in 1968, that recovers gold, silver, palladium, platinum, rhodium, and iridium from electronic waste, catalytic converters, and jewelry scrap. Now a Sibanye-Stillwater subsidiary, it supplies refined metals to industrial buyers and the parent's recycling operations.
- Company typePrivate
- Founded1968
- HeadquartersShrewsbury, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Metallix Refining does
Metallix Refining is a US-based precious metals recycler founded in 1968, headquartered in Shrewsbury with two processing facilities in Greenville, North Carolina. The company recovers gold, silver, palladium, platinum, rhodium, and iridium from urban mining feedstocks including electronic waste, automotive catalytic converters, and jewelry industry scrap, with stated annual processing capacity of 4.2 million pounds of material yielding roughly 21,000 ounces of gold, 874,000 ounces of silver, 48,000 ounces each of palladium and platinum, plus rhodium and iridium.
The underlying technology is rooted in precious metals refining process engineering — sample handling, laboratory workflow optimization, and quality control systems for high-purity recovery — with the CTO (Claudio Ferrini) actively publishing on process optimization and analytical methods at IPMI industry forums. Metallix monetizes through a transaction-fee-style B2B model, selling refined metal output to industrial precious metals buyers and supplying Sibanye-Stillwater's recycling operations; pricing is not publicly disclosed. The go-to-market is enterprise direct sales to a narrow base of industrial buyers in the electronics, automotive, and jewelry supply chains, with thought-leadership built through technical conference participation rather than broad marketing.
On July 21, 2025, Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) agreed to acquire Metallix for $82 million in cash ($105 million enterprise value), and closed the transaction on September 4, 2025 at a $78 million provisional equity cash purchase with $129 million total purchase consideration on a debt-free basis. Metallix is now a wholly-owned subsidiary integrated into Sibanye-Stillwater Recycling, combining with the parent's Montana and Pennsylvania facilities acquired via the Reldan Group in 2023 to form a consolidated US urban mining platform; the metallix.com domain now redirects to Sibanye-Stillwater's recycling business.
Metallix Refining firmographics
Firmographics- Name
- Metallix Refining
- Legal name
- Metallix Refining Inc.
- Website
- https://metallix.com
- Company type
- Private
- Founded year
- 1968
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Metallix Refining is a US-based precious metals recycler, founded in 1968, that recovers gold, silver, palladium, platinum, rhodium, and iridium from electronic waste, catalytic converters, and jewelry scrap. Now a Sibanye-Stillwater subsidiary, it supplies refined metals to industrial buyers and the parent's recycling operations.
- Ownership category
- akta.pro rank
Metallix Refining industry classification
Industry- Product category
- Precious Metals Recycling
- NAICS
- Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum) (331492), Nonferrous Metal (except Aluminum) Smelting and Refining (33141)
- SIC
- Secondary Smelting & Refining Of Nonferrous Metals (3341), Primary Smelting & Refining Of Nonferrous Metals (3330)
- akta.pro primary industry
- Precious & Specialty Metal Recovery (Smelting, Refining, Hydrometallurgy) (EUAIAIAD)
- akta.pro secondary industries
- Precious Metals Smelting & Refining (IMAKAEAE), E-Waste & Electronics Metal Recovery (ITAD, Circuit Boards, Precious Metal Recovery) (IMAKAMAG)
Keywords
Where Metallix Refining is headquartered
LocationHeadquarters
- HQ city
- Shrewsbury
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Metallix Refining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure
Revenue model
- Precious Metals Recovery and Refining Services: Metallix generates revenue by processing waste materials containing precious metals and recovering/refining gold, silver, palladium, platinum, rhodium, and iridium for sale to industrial customers and Sibanye-Stillwater operations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Metallix Refining product offering
Product offeringCore offering
Metallix Refining operates precious metals recycling and refining services that recover gold, silver, palladium, platinum, rhodium, and iridium from electronic waste, automotive catalytic converters, and jewelry industry scrap materials. The company runs two processing facilities in Greenville, North Carolina, with combined annual processing capacity of 4.2 million pounds of waste material, producing approximately 21,000 ounces of gold, 874,000 ounces of silver, and 48,000 ounces each of palladium and platinum per year.
Product overview
Metallix Refining is a precious metals recycling company offering a unified service portfolio for recovering gold, silver, platinum group metals (PGMs), and other precious metals from electronic waste, industrial materials, and jewelry industry sources. The company operates two processing facilities in Greenville, North Carolina with annual capacity of 4.2 million pounds of waste material, recovering approximately 21,000 ounces of gold, 874,000 ounces of silver, 48,000 ounces each of palladium and platinum, plus rhodium and iridium annually. Following its acquisition by Sibanye-Stillwater in September 2025 for $78-82 million, Metallix has been integrated into Sibanye-Stillwater's recycling operations as part of their urban mining and circular economy strategy.
Differentiator
Problem solved
Functional benefit
Products and services
- Precious Metals Recycling Services End-to-end precious metals recycling and refining service that processes electronic waste, industrial byproducts, and jewelry industry scrap materials to recover gold, silver, palladium, platinum, rhodium, and iridium for sale to industrial customers. Designed for industrial buyers requiring refined precious metals for manufacturing.
Companies that use Metallix Refining
Customer profileSegments2 records
Ideal customer profiles1 record
Metallix Refining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Metallix Refining partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights4 records
Metallix Refining competitors and assessment
Company assessmentBroad incumbents
- Umicore: Global materials technology and recycling group with a major precious metals refining business recovering PGMs, gold, and silver from industrial and end-of-life feedstocks. Directly comparable to Metallix in metals recovered and end-markets served, but operates at much larger scale and broader scope.
- Johnson Matthey: Historic precious metals refiner and PGM autocatalyst producer with extensive precious metals recycling operations. Closely comparable to Metallix in PGM recovery and refining, though it operates globally and across many adjacent chemistries.
- Heraeus Precious Metals: One of the world's largest precious metals services and refining companies, recovering gold, silver, and PGMs from industrial scrap and e-waste. Direct overlap with Metallix on feedstock types (e-waste, industrial byproducts) and recovered metals.
- Materion Corporation: Diversified advanced materials company with a precious metals group recovering and refining gold, silver, and PGMs. Comparable to Metallix in refining capability, though Materion also serves broader beryllium and specialty alloy markets.
- Tanaka Kikinzoku Kogyo: Japan-based leading precious metals refiner and recycler recovering gold, silver, and PGMs from industrial and electronics scrap. Direct overlap with Metallix on metals recovered and electronics-recycling feedstocks.
- Dowa Holdings: Japanese environmental and recycling company with significant precious metals and e-waste recycling operations recovering gold, silver, and PGMs from electronic scrap. Comparable to Metallix in feedstock mix and recovery technologies.
- Aurubis: European copper smelter and recycler that recovers precious metals (gold, silver, PGMs) as byproducts of copper refining. Comparable to Metallix in precious metals recovery, though primary business is copper-focused and primary (ore-based) rather than secondary recycling.
- Boliden: Swedish metals producer with significant smelting and recycling operations that recover precious metals from electronic scrap and automotive catalysts. Comparable in recycling-based precious metals recovery, though Boliden's primary metals are copper and zinc.
Direct peers
- Sabin Metal Corp: US-based precious metals refiner specializing in recovery of platinum group metals, gold, and silver from spent catalysts and industrial scrap. Direct competitor to Metallix in PGM refining with similar US footprint and customer base.
Emerging players
- Sims Lifecycle Services: ITAD (IT asset disposition) provider that processes e-waste and recovers precious metals from circuit boards and electronic components. Partial overlap with Metallix on e-waste feedstock and downstream precious metals recovery.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Metallix Refining social profiles
Digital presenceMetallix Refining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Metallix Refining leadership team
Management profileNumber of profiles
Profiles1 record
Metallix Refining funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Metallix Refining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Metallix Refining
What does Metallix Refining do?
Metallix Refining operates precious metals recycling and refining services that recover gold, silver, palladium, platinum, rhodium, and iridium from electronic waste, automotive catalytic converters, and jewelry industry scrap materials. The company runs two processing facilities in Greenville, North Carolina, with combined annual processing capacity of 4.2 million pounds of waste material, producing approximately 21,000 ounces of gold, 874,000 ounces of silver, and 48,000 ounces each of palladium and platinum per year.
Is Metallix Refining a public or private company?
Metallix Refining is a private company. It is classified as corporate owned and is currently acquired.
When was Metallix Refining founded?
Metallix Refining was founded in 1968. It employs 101 to 250 people.
Where is Metallix Refining based?
Metallix Refining is headquartered in Shrewsbury, United States, in the North America region.
How does Metallix Refining make money?
One revenue line is on record: precious Metals Recovery and Refining Services.
Who are Metallix Refining's main competitors?
Broad incumbents on record are Umicore, Johnson Matthey, Heraeus Precious Metals, Materion Corporation, Tanaka Kikinzoku Kogyo, Dowa Holdings, Aurubis and Boliden. Sabin Metal Corp is listed as a direct peer. Sims Lifecycle Services is listed as an emerging player.
Does Metallix Refining have an API?
No public API is recorded for Metallix Refining.
What industry is Metallix Refining in?
Metallix Refining's product category is Precious Metals Recycling. Its primary akta.pro industry code is EUAIAIAD, Precious & Specialty Metal Recovery (Smelting, Refining, Hydrometallurgy), with a secondary code of IMAKAEAE, Precious Metals Smelting & Refining. Its NAICS code is 331492 and its SIC code is 3341.