Page 11 - Bullion World June issue 2 June 2021

Bullion World | Issue 02 | June 2021

further improves the efficiency of MINING PARTNER
ABC Refinery’s refining process as
compared to traditional competitor
methods. Further to its environmental Producing the worlds most coveted asset responsibility and sustainability. The
benefits, ALS refining technology has always been both a time intensive broader Pallion group prides itself on
results in no precious metal loss, and chemical intensive process. Most being able to trace the entire life cycle of
significantly improved speed of output refiners have used chlorine gas, the all its products.
reduces operative costs compared to miller process for over a century. We are
traditional refining technologies. These the first and only Australian refinery to This begins with the responsible
benefits are passed on to our mining use ALS. sourcing of primary refining inputs from
clients as part of our corporate spirit of conflict free areas and throughout the
partnership. No doubt it’s this innovative approach processing of that material into precious
metal investment products and jewellery
that has seen us increase our market
" all the required accreditation - LBMA, the consumer or investor – know we
share within Australia. While ABC have
components. Meaning end users – be
SGE, COMEX, RJC, NATA, ISO, ILAC,
strive to adhere to best practice along
ALS is the world’s
IEC and Standards Australia – ABC
the entire value chain. Total control
most environmentally
Committed to deepen the markets
commodity in this market.
responsible refining Refinery sees this as a base line. over the entire supply chain is a rare
understanding of responsible sourcing –
technology and an increasingly necessary requirement Therefore, a careful selection process
requires no acid not just at the consumer level but at the we work with, ensuring that our business
to refine gold and broader wholesale and investment level partners ESG goals align with ours.
silver to almost as well. Our insistence on ethical sourcing
The various accreditations demonstrate
pure standard. This a threshold and expectation of ABC and responsible refining sees many
technology allows for Refinery to perform ESG at an extremely Australian miners partner with us as we
the removal of silver high level. Responsible sourcing is these share common goals. Meaning
and other elements about more than just accreditation. we now refine over 30% of all gold and
more than 85% of silver that is refined in
The commitment to responsible supply
from alloys using chains must come from within. Australia. These are significant numbers
vacuum distillation – especially in the context of a market
" 11
technology. Which is why our strategy is to carefully that was dominated by one monopoly
select partners who share our vision of
player for over 16 years.