/ Beware of Catalytic Converter Thefts #41
- May 18, 2020
- kubotab7001 ... IHI NX15 excavator
Many years ago at least 25 I was a welder for a machine shop we built a machine to cut open converters for a guy. He told me it took 25 full size converters to get a Oz of platinum. He broke them open put the contents in barrels and ship them to Europe to get the platinum extracted. He showed me a oz he carried in his wallet it looked like a piece of tin he had flattened with a hammer.. My guess this is why they are being stolen. Not sure what platinum is worth todayAny particular reason? Was gonna guess that it was because typically parts are more expensive for Japanese makes, but most of these are probably being sold to scrap dealers.