What Just Refiners Usa Inc does

Just Refiners (USA) Inc is a privately held, Sparks, Nevada-based precious-metal refining service provider incorporated on July 13, 1993, that serves North American mining operations. The company receives by-product materials — including slag, spent carbon, furnace linings, crucibles, baghouse dust, mine and mill concentrates, gold and silver matte, and electronic scrap — and prepares, samples, and processes them to recover gold, silver, and platinum group metals. The core technology stack centres on an internal fire-assay laboratory, AA/ICP-OES/XRF analytical instrumentation, jaw crushing and rubber-lined vibratory ball milling to minus 60 mesh, fluidized-bed incineration with multi-stage mercury scrubbing, and a fleet of five induction furnaces ranging from 25 to 150 kilowatts. Settlement pricing is tied to the LBMA PM fixed price for gold, silver, platinum, and palladium, with customer payments issued within 15 to 21 working days via electronic transfer; no published rate card or tiered pricing exists.

The business operates 108,000 square feet of processing and warehouse space across three adjacent facilities on Greg Street in Sparks, supported by satellite offices in Durango, Mexico and Gatineau, Canada, with regional sales representatives in each market. Go-to-market is B2B and sales-led, with customer-supervised (represented) sampling as a key trust mechanism; the firm maintains an active trade-show presence at 11+ North American mining conferences (PDAC, MinExpo, SME, GSN, CIM, Elko, NVMA, AEMA, AMA). Revenue is generated on a transaction-fee basis (per-lot processing and settlement rather than subscription or contract fee), with ownership remaining under founding family control (Bobby Boekhoud as President). The company emphasizes regulatory compliance — full EPA, Nevada, Washoe County, and City of Sparks adherence, zero-discharge water treatment, and recognized government commendations — as a core differentiator alongside 32 years of operating history.

Name

Just Refiners Usa Inc

Legal name

Just Refiners (USA) Inc

Website

https://justrefiners.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Just Refiners USA Inc is a Nevada-based precious-metal refining service provider that processes mining by-products — including slag, spent carbon, and furnace linings — for gold, silver, and platinum group metal recovery, serving mining operations across North America.

Ownership category

akta.pro rank

Product category

Precious Metal Refining Services

NAICS

Nonferrous Metal (except Aluminum) Smelting and Refining (33141)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Precious Metals Smelting & Refining (IMAKAEAE)

akta.pro secondary industry

Metal Melting & Secondary Smelting/Refining (Recycled Feedstock Producers) (EUAIAJAJ)

Keywords

• Precious metal refining
• Mining by-product processing
• Spent carbon processing
• Slag processing services
• Gold and silver recovery

Headquarters

HQ city

Sparks, NV

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Processing Services: Receives, prepares, samples, and processes mining by-product materials including slag, spent carbon, furnace linings, and other precious metal-bearing materials. Customers pay for processing services and receive settlement based on precious metal content determined through assaying.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Just Refiners USA, Inc. provides precious metal refining and by-product processing services to the mining industry. The company receives, prepares, samples, and processes mining by-product materials such as slag, spent carbon, furnace linings, crucibles, baghouse dust, mine and mill concentrates, gold and silver matte, and electronic scrap to determine precious metal content and recover gold, silver, platinum, and palladium. Services span receipt weighing, crushing and milling, fire assay laboratory analysis, induction melting, incineration, and settlement payment based on LBMA PM fixed pricing.

Product overview

Just Refiners USA, Inc. is a mining by-products refining service provider rather than a software product company. The company offers a portfolio of interconnected processing services for the mining industry, including slag processing, carbon processing, milling/screening, induction melting, incineration processing, and an internal laboratory for fire assay and analytical testing. These services work together to receive, prepare, sample, and process mining by-product materials for precious metal recovery.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Zero-discharge facility - all water from carbon processing treated in-house (1455 tons between 2017-2022)
• +2 more outcomes

Segments1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Pease & Curren: Pease & Curren is a Rhode Island-based precious metals refiner serving industrial, jewelry, and dental customers with refining, assaying, and stone removal services. Directly comparable to JRI as a mid-sized, privately-held secondary refiner with in-house assay and recovery operations.
• Sabin Metal Corp: Sabin Metal Corp is one of the largest independent secondary precious metals refiners in North America, recovering platinum group metals, gold, and silver from industrial catalysts and byproducts. Directly comparable to JRI as a secondary refiner specializing in industrial/mining residue streams with internal assay, smelting, and recovery capabilities.
• Doral Refining Corporation: Doral Refining is a precious metals refinery handling industrial scrap, sweeps, and byproducts for gold, silver, and PGM recovery. Comparable to JRI as a smaller-scale secondary refiner serving industrial customers with assay-driven settlement, though less mining-industry-specific.
• Sipi Metals: Sipi Metals is a Chicago-based precious metals refinery serving manufacturers, jewelers, and industrial customers with gold, silver, and PGM refining. Comparable to JRI as a privately-held secondary refiner with assay-driven settlement services for industrial scrap streams.
• Garfield Refining Company: Garfield Refining is a Philadelphia-based precious metals refinery processing dental, jewelry, and industrial sweeps and byproducts. Comparable to JRI in service offering (assay plus refining for industrial residue streams) and scale tier, though with a different customer vertical mix.

Broad incumbents

• Heraeus Precious Metals: Heraeus is a globally diversified precious metals and technology group with one of the world's largest precious metals refining operations covering mining, industrial, and recycled feedstock. Comparable to JRI as a major precious metals refiner with much broader scope, scale, and vertical integration than JRI's mining byproducts niche.
• Umicore Precious Metals Refining: Umicore operates one of the world's largest precious metals refineries in Hoboken, Belgium, recovering gold, silver, platinum, and palladium from mining and recycled feedstocks. Comparable to JRI at the secondary precious metals refining category level, but at vastly larger scale and global footprint.
• Johnson Matthey (now part of Honeywell): Johnson Matthey's Precious Metals business (now under Honeywell) operates large-scale precious metals refining and PGM processing from primary and recycled feedstocks. Comparable to JRI as a broad precious metals refining incumbent serving industrial and mining markets.
• Royal Canadian Mint: The Royal Canadian Mint operates an integrated precious metals refinery in Ottawa refining gold, silver, and PGM from mining and recycled sources. Comparable to JRI in secondary precious metals refining capability but with Crown ownership, much larger scale, and additional minting operations.
• Tanaka Kikinzoku Kogyo: Tanaka Kikinzoku (including Metalor Technologies) is a major Japanese-headquartered precious metals refiner and processor with global operations across industrial, electronics, and mining feedstock refining. Comparable to JRI in core smelting/refining technology but at dramatically larger scale and broader customer base.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/just-refiners-usa-inc

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 Just Refiners Usa Inc