Phoenix Refining

While many buyers have paused their silver purchases, Phoenix Refining continues to actively buy. We remain committed to maintaining strong, transparent relationships with our suppliers and are currently purchasing silver in all forms for refining and recovery.

If you have silver material available, send us a message today, let’s discuss how we can work together.

For the quarter ended June 30, silver fell $16.57 per ounce, a decline of 22.04%, marking its worst quarter since the first quarter of 2020, according to Paul Wong, managing partner and market strategist at Sprott Inc. June alone saw silver's largest monthly decline since September 2011. "Silver's selling wave in June tracked gold's plunge and was driven by the same macro forces: an expectedly hawkish Fed raising short-term rates and the U.S. dollar," Wong noted in a recent analysis. "Silver easily broke below support levels in a near-waterfall pattern, suggesting capitulation-driven selling sentiment."

Silver's Wild Ride: Structural Bull Case Intact Despite Historic Volatility, Analysts Say For the quarter ended June 30, silver fell $16.57 per ounce, a decline of 22.

Trump renews call for US to take over Greenland as he arrives for Nato summit US President Donald Trump’s fixation with acquiring Greenland resurfaced forcefully at the NATO summit in Ankara, where he used the issue to criticize European allies and question the value of the transatlantic alliance. Speaking on Wednesday beside NATO Secretary General Mark Rutte, Trump said he...

We are currently looking to purchase iridium-bearing materials from suppliers worldwide. Phoenix Refining works with industrial companies, recyclers, and metal traders to recover value from high-grade iridium-containing scrap and residues. Reach out to us if you have material available and would like to explore a partnership.

The precious metals market often focuses on prices, inventories, and supply chains, but the infrastructure that supports physical delivery receives far less attention. The SILVER Act brings that issue into focus by questioning whether a national market should continue relying on a vaulting network concentrated in a single region. As geopolitical uncertainty, supply chain disruption, and demand for physical metals continue to grow, the debate is expanding beyond storage locations and into a broader discussion about resilience, competition, and the future of America's precious metals infrastructure.

Palladium was once promoted as the future of fine jewelry thanks to its natural whiteness, lightweight feel, and hypoallergenic properties. But difficult manufacturing, challenging repairs, and a dramatic rise in price ultimately made it impractical for most jewelers and consumers.

Rhodium scrap is one of the most overlooked sources of value in the industrial world, and this carousel breaks down exactly where the highest grade material is found. From aviation spark plugs and racing electrodes to glass fiber bushings and high temperature thermocouples, these components hold dense concentrations of platinum, iridium, and rhodium that become more important as global supply tightens.

Most people never hear about iridium, but it's quietly sitting inside some of the world's most advanced technologies. From semiconductor manufacturing and hydrogen production to rocket engines and OLED displays, the article explains how iridium's unique properties make it extremely difficult to replace. It's a good reminder that some of the most important materials in modern technology aren't the ones making headlines.

Iridium's Expanding Industrial Footprint Iridium is no longer a marginal precious metal used only in niche scientific applications. In the modern industrial economy, it has become one of the most strategically significant and technically indispensable materials in the world.