A facility located in Springfield, Illinois, specializes in processing precious metals, particularly gold, sourced from various origins within the Midwestern United States. These establishments extract and refine gold from materials like jewelry scrap, electronic waste, and industrial byproducts.
These businesses provide a crucial service by enabling the recovery of valuable resources and contributing to the circular economy. Their existence offers a local option for individuals and industries looking to recycle or sell gold-bearing materials. Historically, gold refining has been essential for the production of coinage, jewelry, and various industrial applications.