Master Gold Fze

What Master Gold Fze does

Master Gold FZE is a precious metals recovery and refining business operating from a single facility in the Sharjah SAIF Zone, UAE. The company recovers and recycles seven metals — gold, silver, platinum, palladium, copper, rhodium, and iridium — from customer-supplied materials, serving jewelers, electronics recyclers, industrial manufacturers (particularly those with catalyst byproducts), and healthcare facilities. The service model is direct-to-customer, with material physically delivered to the Sharjah site for evaluation.

The company's core technical stack combines fire assay with ICP (Inductively Coupled Plasma) analysis to determine material composition and value, supported by an in-house chemistry laboratory and automated sampling systems. Material references are sent to partner international laboratories for verification, which the company uses to support buyer confidence and reference pricing.

The business model is quote-based: each lot is evaluated individually and priced according to its assayed metal content and prevailing market rates. There is no disclosed subscription, retainer, or flat-fee pricing component. The company is structured as a privately held Free Zone Establishment with a stated headcount of 5 employees. No funding rounds, M&A activity, or geographic expansion beyond the UAE are documented in the available source material.

Name

Master Gold Fze

Legal name

Master Gold FZE

Website

https://mastergold.net

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Master Gold FZE is a Sharjah-based precious metals recovery and refining company that buys, evaluates, and recycles gold, silver, platinum, palladium, copper, rhodium, and iridium from jewelers, electronics recyclers, industrial manufacturers, and healthcare facilities in the UAE.

Ownership category

akta.pro rank

Product category

Precious Metals Refining

NAICS

Nonferrous Metal (except Aluminum) Smelting and Refining (33141), Materials Recovery Facilities (562920)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Precious Metals Smelting & Refining (IMAKAEAE)

akta.pro secondary industries

E-Waste & Electronics Metal Recovery (ITAD, Circuit Boards, Precious Metal Recovery) (IMAKAMAG), Precious & Specialty Metal Recovery (Smelting, Refining, Hydrometallurgy) (EUAIAIAD)

Keywords

• Precious metals refining
• Gold recovery services
• Silver recycling
• Spent catalyst processing
• Galvanic chemicals

Headquarters

HQ city

Sharjah

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Precious Metals Recovery and Recycling Services: Master Gold charges for recovery and recycling services of precious metals from various materials. Customers can either physically acquire recovered precious metals by transferring to their metals account or sell to Master Gold using a price formula related to LME AM and PM prices.
2. Precious Metals Banking: Provides precious metals banking services including storage and trading of recovered precious metals.
3. Galvanic and Precious Metal Chemicals Products: Sale of galvanic and precious metal chemicals products including electroplating solutions, gold and silver cyanide, and semi-finished products.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Master Gold FZE is a precious metals recovery and recycling facility located in the Sharjah SAIF Zone, UAE, founded in 2012. The company recovers and refines gold, silver, platinum, palladium, rhodium, iridium, and ruthenium from industrial scrap, spent catalysts, jewellery waste, electronic waste, and ashes. It also manufactures and supplies galvanic and precious metal chemicals such as gold and silver cyanide salts and electroplating solutions.

Product overview

Master Gold FZE operates as a fully licensed precious metals recovery and recycling facility offering a comprehensive suite of services. The company processes materials containing precious metals (Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium) through specialized recovery and metallurgical treatment services. The product portfolio spans six main processing categories: Jeweler's Manufacture Production Waste Processing, Precious Metal Refinery (core offering), Electronics Scrap Processing, Spent Catalyst Processing, Other Industry Services, and Hospitals Waste Processing. Supporting services include Precious Metals Banking (allowing metal account transfers or LME-based sales), Laboratory and Analysis Services (fire assay and ICP analysis), Ashes Treatment, and Logistics Support. The company utilizes fire assay preconcentration followed by ICP analysis for material evaluation and partners with internationally accredited laboratories for verification.

Differentiator

Problem solved

Functional benefit

Products and services

• Precious Metals Recovery & Recycling
• Precious Metals Banking
• Ashes Treatment
• Metallurgical Treatment
• Galvanic and Precious Metal Chemicals

Quantifiable outcome

• Results within internationally acceptable tolerance limits
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves3 records

Expansion highlights2 records

Direct peers

• PAMP (MKS PAMP GROUP): Swiss precious metals refiner accredited by LBMA offering refining, recycling, and trading of gold, silver, platinum, and palladium. Directly comparable precious metals recovery and banking-style services, though at global LBMA scale.
• Metalor Technologies: Swiss-based precious metals refiner (now part of Tanaka) operating refineries in Switzerland, the US, and Asia that recover gold, silver, and PGMs from industrial scrap and provide related banking/trading services. Closely comparable business model to Master Gold including refining plus allocated metals services.
• Asahi Refining: North American precious metals refiner (part of Asahi Holdings) operating gold, silver, and PGM refining facilities in the US and Canada. Comparable recovery and refining services targeting industrial, jewelry, and electronics scrap.

Broad incumbents

• Aurubis: European integrated copper and non-ferrous metals recycler/refiner whose smelters recover gold, silver, and PGMs as by-products from complex feed streams including electronics scrap. Adjacent but broader multi-metal recycling model overlapping Master Gold's electronics and industrial feedstock.
• Tanaka Kikinzoku Kogyo: Japanese precious metals refiner and fabricator specializing in gold, silver, platinum group metals, and electronic materials. Comparable in multi-metal PGM refining and serving electronics and industrial customers.
• Johnson Matthey: UK-based specialty chemicals and precious metals company with PGM refining and spent catalyst processing operations. Overlaps directly with Master Gold's spent catalyst and PGM recovery activities, particularly in automotive catalysts.
• Heraeus Precious Metals: Global German-based precious metals refiner and trader offering gold, silver, and PGMs recovery services across multiple sites. Directly comparable in core refining/recovery activity, but with vastly greater scale, trading capability, and geographic footprint.
• Umicore Precious Metals Refining: Belgian materials group operating one of the world's largest precious metals refineries in Hoboken, recovering gold, silver, platinum, and PGMs from complex industrial and consumer scrap. Same core activity as Master Gold but at significantly larger scale and broader feedstock scope.

Regional players

• Salamander Jewelry (Dubai) / DGCX ecosystem: Dubai/Gulf precious metals trading and refining ecosystem (including DGCX, various UAE-based gold refineries). Regional peers operating in the same Gulf corridor as Master Gold, competing for jewelry manufacturing waste and regional scrap flows.

Emerging players

• Waste Management World / Kuusakoski (ITAD): European ITAD and non-ferrous metals recycler (Kuusakoski) with electronics metal recovery capability. Comparable on the e-waste metal recovery side of Master Gold's business, though less focused on PGM-heavy feedstocks.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/master-gold-fze

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 Master Gold Fze