The Oxford Platinum Lectures 2024
Friday 10th May
Recycling: PGM Market Disruptor
Secondary supply of PGMs from autocatalyst recycling is expected to increase substantially in the coming years. Since recent automotive market developments have potentially disrupted the trajectory of this anticipated growth, the timing of the additional influx of secondary PGMs into the market could disrupt the balance between supply and demand. It is therefore critical to understand how the recycling landscape might develop in the years ahead and assess the challenges posed by the expanding PGM recycling sector.
Drawing from experts across the PGM value chain, including BASF, Sibanye-Stillwater, Mitsubishi Corporation, China Precious Metals Industry Committee (CPMIC) and Hensel Recycling, and with interactive Q&A sessions, the event featured insightful lectures and stimulating debate. Our international and diverse audience represented a broad range of companies that spanned PGM producers, refiners, fabricators, end-users, recyclers and investors.
Co-organised with the
China Precious Metals Industry Committee (CPMIC)
Bringing together key players to assess the evolution of PGM recycling,
its impact on the PGM supply chain and implications for prices
Our speakers are leading experts from around the world
James Bian
Executive Chairman, CPMIC
James is the Executive Chairman of The China Precious Metals Industry Committee (CPMIC), which drafts regulations for platinum group metals. It comprises Chinese and foreign enterprises, holding significant shares in PGM trading, consumption, recycling, and refining markets. Its competent authority is the State-owned Assets Management Commission of the State Council.
Formerly known as the Precious Metals Recycling Committee, the responsibility of the CPMIC entails cooperating with the government to develop industry regulations, standards, and industry planning; while being engaged in precious metals applications, precious metals waste recovery, disposal, refining, precious metals trading, precious metals financial, and precious metals research institutions.
Member enterprises contribute 85% of the market share of China's precious metals recycling and refining, 70% of the market share of precious metals consumption and 60% of the market share of precious metals trade.
Toby Green
Business Development Manager, BASF
Since January 2022, Toby has been part of the PGM team at BASF, a secondary supplier and a leading consumer of PGMs in automotive catalysis.
Toby has over a decade of experience in the metals and mining sector. Starting out in the Commercial Strategy team of Anglo American in 2011, he steered the organisation into recycling PGMs from spent autocatalyst, and managed this responsibility alongside the outbound refining and silver trading books. In 2017, Toby moved to Sydney, Australia and assumed the role of Senior Consultant at a specialist commodity research firm. Shortly after returning to London, UK, Toby was approached by BASF to develop its in-house capabilities for forecasting PGM fundamentals. Toby holds a Masters from the University of Cambridge.
Grant Stuart
Global Head of Recycling, Sibanye Stillwater
Grant joined Sibanye-Stillwater in 2013 and is currently Global Head of Sibanye-Stillwater’s recycling operations, one of the world’s largest producers of PGMs recycled from spent automotive catalytic converters.
Prior to his recycling role, Grant was focused on Sibanye-Stillwater’s sustainability agenda through his role as Senior Vice President Environment. This role followed as a logical extension from his role as the Vice President for the West Rand Tailings Retreatment Project (WRTRP). The WRTRP involved the recycling and responsible waste management of the vast quantity of tailings material scattered over the West Rand for the economic extraction of gold and uranium and the associated environmental and socio-economic benefits.
Dr Jonathan Butler
Business Development Manager, Mitsubishi Corporation
Dr. Jonathan Butler, based in London, serves as Head of Business Development at Mitsubishi Corporation. Additionally, he holds membership in the LBMA Public Affairs Committee and serves as the Vice President of the IPMI Executive Committee.
With extensive experience in the sales and marketing of precious metals, Jonathan specialises in gold, silver, platinum, palladium, rhodium, ruthenium, and iridium, overseeing deal origination, leasing, trading, and financing.
Anna Marchisio
Business Development Manager, Hensel Recycling
After many years in the automotive satellite car and OEM industries, where she covered several positions, in 2005 Anna entered the PGM recycling industry.
Since joining the Hensel Recycling Group as Business Development Manager, she has been dedicating herself to the search for alternative materials to enhance diversification and replace the volumes and revenues of the present core business, which are expected to decline with the ban of combustion engines in 2035. Both challenging and promising, pioneering the recovery of critical raw materials from complex hydrogen fuel cells and electrolysers is highly motivating for Anna and the company.
Beresford Clarke
Managing Director: Technical and Research, SFA (Oxford)
In addition, Managing Director Beresford Clarke will present the latest issue of The Platinum Standard. This highly sought-after publication provides our latest market view and collates all the key industry data and indicators for the past 12 months.
Exclusive Panel: The Chinese PGM Market
Xu Zhun
Vice President, Zhejiang Industrial Environmental Protection Group Co.
Currently, Xu Zhun is serving as Vice President of Zhejiang Industrial Environmental Protection Group Co., Ltd. and also as President of Laos Shenker Using Resources Sole Co., Ltd. He is responsible for the Group's global raw material procurement and operation.
In a previous role, he successively served as Vice President of Zhejiang Shenlian Environmental Protection Group Co., Ltd. Xu Zhun graduated from Jiangnan University in China.
Huang Wenbin
Chairman, Shenzhen Point Gold Precious Metals Co.
Huang Wenbin is the Chairman and founder of Shenzhen Point Gold Precious Metal. His purpose is to continuously create solutions for the global PGM industry. On a basis of research and development, the company is strengthening its overseas business to promote the PGM industry.
Point Gold is a member of CPMIC and engages in precious metal jewellery R&D and manufacturing, precious metal global trade and finance, recycling and refining, and precious metal new material R&D and processing.
Jiang Chao
Chairman, Shenzhen Zhengjin Precious Metals Co.
Mr. Jiang Chao, the Chairman of Shenzhen Zhengjin Precious Metal, a refining plant of Shenzhen Jinzhenglong Technology which is a full industry chain enterprise dedicated to precious metal recycling, refining, new product development, production, and sales. The company's main business includes the research and development, design and technology development of precious metal materials, the sales of gold, silver, platinum, palladium, rhodium and iridium materials, and the recycling and refining of materials containing precious metals.
The company has 80% market share in the jewellery industry. The company has applied for 13 national technology patents, and its precious metal refining and purification technology is at the top level in China. It is a member of CPMIC, and a strategic partner unit of WPIC, and also participates in drafting the national precious metal technical standards (GB).
About the China Precious Metals Industry Committee (CPMIC)
Formerly known as the Precious Metals Recycling Committee, the responsibility of the CPMIC entails cooperating with the government to develop industry regulations, standards, and industry planning; while being engaged in precious metals applications, precious metals waste recovery, disposal, refining, precious metals trading, precious metals financial, and precious metals research institutions.
Member enterprises contribute 85% of the market share of China's precious metals recycling and refining, 70% of the market share of precious metals consumption and 60% of the market share of precious metals trade.
The Oxford Platinum Lectures 2023
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