Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering for products made with 100% recycled precious metals. The recycled material is available under the brand name Circlear and based on a mass balance approach. It comes with a significantly lower carbon footprint, thereby helping customers to meet their sustainability goals.
Circlear products are available for seven precious metals including gold, silver, platinum, palladium, rhodium, ruthenium and iridium. A significant portion of Heraeus' precious metal product portfolio can be offered as Circlear, catering to diverse industrial applications, such as chemical products, catalytic gauzes, electrical contacts, and pharmaceutical ingredients.
The Circlear recycled precious metals originate from secondary sources, such as spent chemical or automotive catalysts. Recycled precious metals have the same high quality and purity as material from primary extraction but an up to 98%1 lower carbon footprint. One kilogram of recycled precious metals saves up to 33 metric tons of CO21, which equates to the average carbon dioxide emissions of a new EU passenger car traveling more than 300,000 kilometers.
“For decades, circularity has been part of Heraeus Precious Metals’ DNA,” emphasized André Christl, CEO of Heraeus Precious Metals. “We recognize our customer’s growing demand for sustainable solutions. With Circlear, we offer a solution that allows our customers to reduce their Scope 3 carbon footprint and to accurately track their progress towards their sustainability goals.”