New Assay Profit Calculator Determines How Much More Can Be Earned Using Heraeus Precious Metal Refining
Calculator designed to make dental practices and laboratories aware of the negative impact of other refiners’ hidden fees on their precious metal payments
South Bend, Ind. — The Precious Metal Refining Division of Heraeus Kulzer has introduced an online assay profit calculator that allows dental practices and laboratories who used another refiner for their latest precious metal scrap return to see how much larger their cash payment would have been had they used Heraeus Kulzer.
“Because of numerous hidden fees charged by some refiners, most dental practices and laboratories are not receiving the payments they deserve for their scrap metal,” said Tony Circelli, Manager of Heraeus Kulzer Precious Metal Refining. “We have nothing to hide, and to prove it, we’ve created this calculator so customers can determine exactly how much we would have paid them for their scrap metal. We’re confident that virtually everyone who goes through this exercise will find that switching to Heraeus Kulzer for their precious metal refining can increase their bottom line by literally thousands of dollars annually.”
Payments are higher with Heraeus Kulzer because there are no treatment charges, freight charges, accountability charges, minimum lot charges or third party charges. The company’s fees are very simple and straightforward: 10 percent for gold, platinum and palladium, and 15 percent for sliver. (If palladium’s price is below $300 per ounce, the fee is a flat $30 per ounce.) “We are adamant about being completely open, honest and transparent with our customers,” said Mr. Circelli. “This makes us not only more profitable to do business with, but easier to do business with as well.”
One customer who appreciates the value offered by Heraeus Kulzer is Michael Mullaney, DMD of Media, Pennsylvania. Dr. Mullaney was offered $1,000 cash on the spot for his scrap metal from another refiner, but opted instead to use Heraeus Kulzer. His judgment was amply rewarded when Heraeus Kulzer paid him $2,759.
To use the assay profit calculator, customers need only input a few pieces of data from their current refiner’s assay settlement report: the total processed weight (in DWT); the assay percentage for each of the four precious metals; the London PM price for each of the four metals (in DWT); and the total payment from the current refiner. The calculator will immediately indicate what the payment from Heraeus would have been, and how that compares to what the customer actually received. “Frankly,” said Mr. Circelli, “we would be shocked if our payment is not higher than whatever the current refiner paid.”
The calculator may be accessed at www.heraeusassaycalculator.com or www.heraeusrefiningcalculator.com. Dental practices and laboratories wishing to contact Tony Circelli may phone him at (574) 299-5502 or email him at [email protected].