The History of RMC
Republic Metals Corporation has humble beginnings dating back to 1980 when Richard Rubin made an initial $2,500 investment, purchasing a lab and refining equipment in sunny Florida. From the beginning, Republic Metals was able to refine a huge variety of materials ranging from low-grade recyclables to higher-grade scrap. Their customers included companies from the pharmaceutical, jewelry, dental, telecommunications and electronics industries.
As the electronic industry began to soar, the demand for lighter and smaller products increased. RMC focused its efforts on procuring high-quality material for its refinery. Their efforts paid off and the company grew substantially. In 1990, it moved to a 40,000-square-foot facility in Miami and began making serious investments in advanced research and development.
In 2005, Republic Metals Corporation opened two new facilities in the thriving jewelry districts of New York City and Los Angeles. These new locations are capable of Precious Metals sampling and melting. They also serve as distribution centers for both bullion investors and jewelry manufactures. In recent years, RMC has also expanded its operations throughout the Western hemisphere, turning to Mexico, Columbia and Peru to procure high-grade ore, and opening a receiving and distribution facility in Toronto, Canada.
Republic Metals Corporation now operates a 150,000+ square foot refinery. Its annual refining capacity is in excess of 1,200 tons of Gold and 3,000 tons of Silver. Their proprietary green refining process allows them to reach high levels of production without compromising environmental standards. On their website, RMC points out that a cleaner refining process means their scrubbing and chemical costs have been minimized, which leads to higher customer payouts.
Advanced refining technology also helps RMC produce extremely high-grade Precious Metals, including five-nines (.99999 fine) Gold in just a single pass.
Despite already high levels of production and quality, RMC continues to invest in research and development, increasing speed, cost efficiencies and further reduce their environmental impact.