How to Gain Confidence in Your Spent Catalyst Refiner:
The Role of LPPM Accreditation
As the circular economy for critical metals becomes increasingly vital, choosing a trustworthy refining partner is more crucial than ever. For companies outside of the platinum group metals (PGM) sector, navigating this decision can be daunting, especially when faced with complex recovery and refining processes.
The London Platinum & Palladium Market (LPPM) is a globally recognised body that accredits responsible refiners of platinum group metals. Founded in 1987, LPPM sets and maintains global standards for the physical trading of platinum and palladium, ensuring efficiency and transparency in pricing. More recently, in 2019, LPPM expanded its remit to include responsible sourcing, addressing modern concerns about supply chain integrity and sustainability risks.
For procurement teams and technical managers, this accreditation provides a valuable shortcut when assessing the reliability of potential refining partners. LPPM membership is not granted lightly—only 60 companies worldwide have met the strict criteria necessary to become accredited members. These companies benefit from streamlined trade of metal from the London market and are recognised as operating to the highest standards and reputation.
While selecting a refiner requires attention to several factors—such as tenure, technological capability, and financial stability—the presence of LPPM membership can serve as a powerful indicator of a company’s standing in the global refining industry. This recognition can provide added assurance that your metals are being handled by a trusted and responsible partner.
Does your spent catalyst refiner hold LPPM membership?
For more information on LPPM, please visit: www.lppm.com.
Dr Jamie Conway-Baker
Chief Operating Officer
Mastermelt