SINGAPORE – Media
OutReach – 24 January 2022 – BR Metals was ranked 7th in the annual Singapore’s Fastest Growing Companies survey
jointly conducted by The Straits Times and Statista, a Germany-based global
research firm. This is the fourth consecutive year the Company achieved top-ten
ranking, and is the only waste management company to have done so.
BR Metals is a multi-award-winning independent
recycling company that specialises the recovery of Platinum Group Metals (PGM),
which include Platinum, Palladium and Rhodium. Through recycling discarded
catalytic converters from vehicles and other precious metals scraps, the
Company work with partner refineries to recover estimated 5 tons of Platinum,
Palladium & Rhodium annually and re-introduce the precious metals into the
supply chain, thereby creating a circular economy. It now runs 2 bulk
semi-automated sampling lines, full analysis laboratories in Singapore and
Guangdong and a representative office in Cambodia.
To meet ever-evolving
market changes and reduce its dependence on PGM recycling, BR Metals is
expanding its service offering to include analysis and recovery of gold and
silver as an integral part of its one-stop resource recovery solution.
“It’s time we moved out
of our comfort zone and forge ahead of changing market dynamics,” said Frank
Chen, Founder and Managing Director of BR Metals. “We are developing a
sustainable gold and silver recovery methodology for a wide range of secondary
materials like end-of-life semicon components, ion exchange resin beds, SIM
card connector reels and spent electronic parts like pogo pills as well as good
old second-hand jewelries and jewelry scraps.” He added, “2021 was a very
challenging year for us but this latest recognition has made it all worthwhile!
We will continue to improve every aspect of our business operations whilst
providing the one-stop recycling solution that combines recycling and
processing, product and market expertise and hedging of precious metals to help
customers mitigate price risks in an increasingly volatile market.”
The Top 10 ranking for Singapore’s Fastest Growing Companies is
not the only accolade BR Metals received in 2022. The Company also won the
Distinction Award in this year’s Brands for Good Awards, which recognise
businesses that are making a positive impact to the communities they operate in
and are committed to doing good.
To find out more
about the Singapore’s Fastest Growing Companies, please visit https://www.straitstimes.com/business/companies-markets/top-10-fastest-growing-companies-in-singapore
For more information
about the Brands for Good Awards, please visit https://www.brandsforgood.asia/2021-winners/br-metals-frank-chen
information about BR Metals Pte Ltd, please visit www.brmetalsltd.com
For business enquiries, please contact + 6261 6900 or email [email protected]