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Elemetal is a Dallas, Texas-based corporation with many subsidiaries which smelt, refine and trade gold.




History


Walter Luhrman founded a precious metals refinery in Jackson, Ohio under the name Jackson Precious Metals in 1974. It would run into financial difficulties in the 1990s and he would sell it to Alan Stockmeister, a Jackson native who own owned many local area businesses, including the local newspaper. Stockmeister would rename the precious metals refinery, Ohio Precious Metals. Stockmeister said success would not be defined in terms of dollars and profits, but in terms of creating jobs for the Appalachia Ohio region.
In April 2012 Ohio Precious Metals LLC ("OPM") entered into an agreement with NTR Metals to acquire the assets and use of the name NTR Metals. In 2015, Bill LeRoy, the president of Ohio Precious Metals was named the company's CEO and the company changed its name to Elemetal.
In March 2017, Juan P. Granda a former employee of NTR Metals, Miami was charged with buying gold from illegal mines in Peru.
In January 2018; Samer H. Barrage, Renato J. Rodriguez, and Juan P. Granda; three former employees of the now-defunct Florida-based NTR Metals Miami, were jailed for six years after they pleaded guilty to money-laundering. Elemetal was not charged in the case against the three rogue gold traders.
In March 2018, Elemetal pleaded guilty in the Southern District of Florida to "failure to maintain an adequate anti-money laundering program", a violation of the Bank Secrecy Act. Elemetal was fined $15 million.
In April 2019, Republic Metals Corporation "executed a non-prosecution agreement" with the USDA in the ongoing Operation Arch Stanton investigation which had ensnared the three former employees of the now-defunct NTR Metals Miami.




Subsidiaries


NTR Metals Miami LLC
Elemetal Direct LLC, an online bullion dealer
Elemetal Capital, a market maker in bullion
Elemetal Recycling
Elemetal Refining LLC, an Ohio-based good delivery merchant




References

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• America’s Largest Precious Metals Refiner | Elemetal
• America’s Largest Precious Metals Refiner - About Elemetal
• Find a Location Near You — Elemetal
• Bullion – Gold & Silver Products Available - Elemetal
• Gold Refinery – Karat scrap, Jewelry & Bullion — Elemetal
• Secure Lock-Ins - Bullion & Metal Exchange — Elemetal
• Get Started & Refine Gold Today - Elemetal
• Buy Bulk Gold Coins & Bullion at Wholesale — Elemetal
• Contact Us - Elemetal - America's Largest Precious Metal …
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America’s Largest Precious Metals Refiner | Elemetal

We offer gemstone removal, process bench sweeps, and pay on a vast range of jewelry scrap. Elemetal offers the fastest payments and in-person service to help ensure you maximize your precious metal return.

America’s Largest Precious Metals Refiner - About Elemetal

Elemetal is America’s largest precious metals refiner. We melt, buy, sell, ship, and store precious metals across North America. With a vast network of over 45 locations throughout the U.S., we’re able to meet all of your metals needs wherever you are.

Find a Location Near You — Elemetal

Elemetal offers a wide variety of gold, silver, platinum, and palladium refining services nationwide. We provide your business with the fastest and best settlements in the industry – with the convenience and security of a nearby facility and the capabilities of a trusted national refiner.

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Elemetal is America's largest precious metals refiner with over 45 locations across the United States. Find .9999+ pure gold bullion and more at Elemetal. Find a wholesale bullion dealer near you today!

Gold Refinery – Karat scrap, Jewelry & Bullion — Elemetal

Elemetal is America’s Largest Precious Metals Refiner specializing in gold refining - scrap gold, gold jewelry, recycled gold, and more. Contact us today!

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Elemetal offers America’s largest and most reliable bullion exchange so that jewelers, pawnbrokers, estate buyers, investors, brokers, coin dealers, and financial professionals can equip their own customers with rapid liquidity and the best pricing on …

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Refine today at any one of Elemetal’s 45+ locations across the US by filling out our simple form. Contact us to buy & sell bullion at the best rates nationwide.

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Elemetal is America's largest precious metals refiner, offering wholesale gold bullion in bulk for businesses, jewelers, investors, and more. Contact us.

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Get in touch with America's largest precious metals refiner. Contact us for all your refining needs, from gold, silver, platinum and other precious metals. Our expert team is ready to assist you

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Elemetal’s full-service, wholesale bullion division maintains one of the largest selections of private and sovereign coins, collectibles, and numismatic products. We are a market leader in specialty bullion, including IRA-certified products, rounds, bars, bullets, and grain.