Platinum group metals (PGM) - a group of precious metals - such as platinum, palladium and rhodium, are traditionally recovered through underground and open pit mining within a linear economy, where the ore is mined, transformed into products and then disposed of as waste at the end of their lives. These metals are often used in catalytic converters for cars, buses, trucks, and other industrial processes.
However, the process of mining for these precious metals could directly or indirectly lead to environmental impacts including deforestation, water pollution, and habitat destruction.
With the aim of creating a circular economy while fulfilling the high demand for these finite precious resources in a sustainable way - one company called BR Metals is recovering these metals from metal scraps and reintroducing them into the supply chain.
On this episode of Climate Connections, Frank Chen, Founder & Managing Director, BR Metals shares more about how his company is recovering precious metals from car scraps and his latest ventures into the gold and silver space. BR Metals was also crowned Champion in the Business For Good category at this year’s Brands for Good Awards.
Feature produced and edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
Voiced by: Audrey Siek
Photo credits: BR Metals
Music credits: pixabay & its talented community of contributors