Doral Refining Corp

What Doral Refining Corp does

Doral Refining Corp is a family-owned precious-metals refinery founded in 1972 and headquartered in Freeport, NY. The company refines precious metals sourced from dental professionals, jewelers and jewelry manufacturers, estate buyers, pawn shops, private individual sellers, and investment-metals buyers. Materials are collected nationwide through local representatives and shipped to the Freeport facility, where state-certified weighing scales calibrated in pennyweights (dwt) are used to determine payouts based on assayed metal content. The company also sells investment-grade coins, bullion, and bars directly to buyers seeking exposure to gold, silver, and platinum.

Name

Doral Refining Corp

Legal name

Doral Refining Corp.

Website

https://doralcorp.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1–10 employees

Short description

Doral Refining Corp is a family-owned precious-metals refinery founded in 1972 in Freeport, NY, serving dental practices, jewelers, pawn shops, estate buyers, and individual sellers nationwide via local representatives, and also selling investment-grade bullion and coins.

Ownership category

akta.pro rank

Product category

Precious Metals Refining

NAICS

Nonferrous Metal (except Aluminum) Smelting and Refining (33141), Nonferrous Metal (except Aluminum) Production and Processing (3314), Metal Service Centers and Other Metal Merchant Wholesalers (423510)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330), Secondary Smelting & Refining Of Nonferrous Metals (3341), Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)

akta.pro primary industry

Precious Metals Smelting & Refining (IMAKAEAE)

akta.pro secondary industry

Precious Metals Minting & Bullion Products (IMAKAEAJ)

Keywords

• Precious metals refining
• Dental scrap recycling
• Jewelry refining services
• Investment bullion sales
• Gold buying service

Headquarters

HQ city

Freeport

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Precious Metals Refining Services: Doral Refining purchases and refines precious metals from dental professionals, jewelers, estate buyers, pawn shops, and private sellers. They pay customers based on the market value of extracted precious metals (gold, silver, platinum) after the refining process. Revenue is generated through the margin between purchase price and refined metal value.
2. Investment Metal Sales: Doral sells investment metals including gold coins and bullion to investors and collectors. Customers can purchase directly through the company with pricing based on daily market rates. The company also offers a coin calculator tool for valuation.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Doral Refining Corp is a family-owned, full-service precious metals refinery that processes gold, silver, platinum, and palladium scrap from dental professionals, jewelers, manufacturers, estate buyers, pawn shops, and private sellers, settling accounts based on certified scales and XRF analysis. In addition to refining services, the company sells investment-grade gold coins and bars to buyers seeking investment metal. The business operates from its Freeport, NY facility and serves customers nationwide via mail-in shipments and an outside sales force for professional accounts.

Product overview

Doral Refining Corp is a family-owned precious metals refinery offering a unified portfolio of refining and investment services. The core offerings include specialized refining services for dental professionals, jewelers/manufacturers/estate buyers/pawn shops, and private sellers, along with investment metal products (gold coins and bars). The company provides a state-of-the-art refining process with certified scales and offers complementary tools including a Coin Calculator and Doral Price List Calculator. Services are delivered through a network of local representatives and direct shipping to their Freeport, NY facility.

Differentiator

Problem solved

Functional benefit

Products and services

• Refining services for dental professionals Refining of dental precious metal scrap (crowns, bridges, alloys) into settlement payments for dental practices and dental labs, served through a dedicated toll-free phone line and outside sales support.
• Refining services for jewelers and trade buyers Refining of gold, silver, platinum, and palladium scrap and bench sweeps for jewelers, jewelry manufacturers, estate buyers, and pawn shops, with settlement based on certified scales and XRF assaying.
• Refining services for private sellers Buying and refining of unwanted gold, silver, platinum, and palladium items from individual consumers, with mail-in shipping and walk-in service at the Freeport refinery.
• Investment-grade precious metal sales Sale of investment gold coins (such as American Eagles) and gold and silver bars (Active Bullion line) to individual investors and metal buyers at published pricing.

Quantifiable outcome

• Precious metals refining with accurate measurement and competitive pricing based on daily Kitco market rates

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Midwest Refineries: Midwest Refineries is a family-owned precious metals refiner serving dental and jewelry customers with refining and assaying services. It directly competes with Doral in the secondary refining market with a similar SMB customer profile.
• NTR Metals: NTR Metals is a precious metals refiner and bullion manufacturer serving similar SMB and mid-market customers as Doral. It competes in the same refining and investment metals space with overlapping dental/jewelry and private seller segments.
• Dillon Gage: Dillon Gage is a precious metals refiner and dealer serving jewelers, dentists, and investors. It directly overlaps with Doral in dental scrap refining and bullion sales, with a similar customer base and refined bars/coins product set.
• Pease & Curren: Pease & Curren is a long-established precious metals refiner serving jewelers, dentists, and industrial customers with refining and bullion services. It directly competes with Doral in the secondary refining market with a similar customer mix and service orientation.
• Garfield Refining: Garfield Refining is a direct competitor specializing in precious metals refining for dental professionals, jewelers, and pawn shops. It shares Doral's core business model (scrap purchase, refine, payout) and customer base, operating in the same niche mid-market segment.

Broad incumbents

• Johnson Matthey: Johnson Matthey is a diversified chemicals and precious metals company with a major refining and trading operation. It competes with Doral in precious metals refining but adds significant industrial scale and a more diversified product portfolio.
• Heraeus Precious Metals: Heraeus is a global precious metals conglomerate offering refining, trading, and industrial products. While it serves a much broader industrial customer base than Doral, its precious metals refining division competes for the same scrap and recycling volumes.
• A-Mark Precious Metals: A-Mark Precious Metals is a publicly traded precious metals dealer and refiner with significant scale in bullion products and refining services. While it competes with Doral in investment metals, it operates at a much larger institutional scale.
• Republic Metals (Asahi Refining): Republic Metals, now part of Asahi Refining, is a large-scale precious metals refiner serving industrial and commercial customers globally. It competes with Doral in the same refining space but operates at significantly larger scale with broader industrial clients.

Others

• Kitco: Kitco is a precious metals market data provider and bullion retailer that Doral references for daily pricing. While not a direct competitor in refining, Kitco is a key ecosystem partner and adjacent player in the investment metals space Doral serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/DoralRefining
• LinkedInlinkedin.com/company/doral-refining-corp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Doral Refining Corp