In the mid-1970s, the federal government required that all vehicles with gasoline engines have a catalytic converter installed to improve the harmful omissions by neutralizing toxic chemicals which are a by-product of internal combustion engines. Rather than just disposing of the converter in a land fill, it makes sense to recycle them to extract the valuable metals contained within. These precious metals are platinum, rhodium and titanium. When your catalytic converter is broken and at the end of its useful life, recycling it for the precious metals will put cash in your pocket as well as helping the environment.
Recycling companies will buy your old converters for market price. The price depends on the amount of platinum it contains, and their experts can quickly assess the value of your scrap converter and give you immediate payment. Recycling means less pollutants in our environment. Extracting these precious metals-platinum, palladium and rhodium reduces the need for environmentally abusive mining which is a plus for our environment.