Information about refinery: Asahi Refining

Asahi Refining (1952 - present)

Asahi Refining is a global precious metals refiner and manufacturer of investment-grade precious metal products. The company was founded in 1952 and has grown to become one of the largest and most respected precious metal refiners in the world.

Asahi Refining operates facilities in the United States, Canada, Mexico, and Japan, and has a network of authorized distributors throughout the world. The company’s state-of-the-art refining facilities are equipped with the latest technology to ensure maximum efficiency and the highest levels of accuracy in the refining process.

Asahi Refining’s core business is the refining of precious metals, including gold, silver, platinum, and palladium, from a variety of sources such as jewelry, electronic scrap, industrial scrap, and mined material. The company is committed to sustainability and responsible sourcing, and has implemented rigorous standards and procedures to ensure the ethical and environmentally responsible sourcing of precious metals.

In addition to precious metal refining, Asahi Refining also manufactures a range of investment-grade precious metal products, including gold and silver bars and coins. The company’s products are recognised worldwide for their quality and purity, and are popular with investors and collectors alike.

Asahi Refining has a rich history that dates back to 1952 when it was founded as a precious metals refiner in Tokyo, Japan. Originally known as Asahi Pretec Corp., the company quickly established itself as a leading precious metals refiner in Japan.

In 1960, Asahi Pretec Corp. expanded its operations to the United States, establishing a facility in Salt Lake City, Utah. Over the next several decades, the company continued to expand, adding refining facilities in Canada and Mexico, as well as distribution centres throughout North America.

In 2001, Asahi Pretec Corp. changed its name to Asahi Refining, reflecting its focus on precious metals refining and manufacturing. The company continued to grow, opening additional refining facilities in Japan, as well as a state-of-the-art facility in Brampton, Ontario, Canada in 2014.

In 2015, Asahi Refining acquired the gold and silver refining business of Johnson Matthey in the United States. The acquisition included Johnson Matthey’s refining facility in Salt Lake City, Utah, as well as its precious metals refining and management services business.

Johnson Matthey had been a major player in the precious metals industry for over 200 years, and its acquisition by ASAHI Refining was a significant milestone for both companies. The acquisition allowed Asahi Refining to expand its global presence and increase its capacity for precious metals refining, while also giving Johnson Matthey the opportunity to focus on its core business of specialty chemicals and sustainable technologies.

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Asahi Refining: Details
From Year1952
CountryJapan
LocationTokyo
Company typeRefinery
Web(official site)
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Mint Marks used by: Asahi Refining
AH

On some of its products, Asahi Refining uses its logo as a hallmark. It represents the letters AH intertwined.