Which U.S. precious‑metal refineries, if any, are listed on U.S. stock exchanges and what are their tickers?

Checked on January 20, 2026
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Executive summary

A review of the provided reporting finds that the prominent U.S. precious‑metal refiners cited — including Metalor USA, Asahi Refining USA (a subsidiary of Japan’s Asahi), United Precious Metal Refining (United PMR), Elemetal, Reldan and a series of regional refiners — are presented as private companies or foreign‑owned subsidiaries, and the sources do not show these refiners trading independently on U.S. stock exchanges [1] [2] [3]. The materials instead point readers toward publicly traded names in adjacent parts of the metals sector (miners, streaming companies and global groups), but the supplied sources do not provide any U.S. exchange tickers for bona fide U.S. refiners [4] [5] [6].

1. Who the sources list as U.S. refiners — and their ownership status

The BullionStar directory and related industry pages name American refining operations such as Metalor USA (North Attleborough, MA and Los Angeles, CA), Asahi Refining USA (Salt Lake City and multiple sites), Reldan (Pennsylvania), and other regional refiners, and describe their services and locations, but the directory entries focus on operational footprints rather than public ownership or listings [1]. United Precious Metal Refining explicitly bills itself as “the largest US‑owned full‑service primary refiner” for major precious metals in the nation, which implies private, U.S.-owned status rather than a public listing [2]. Elemetal likewise promotes itself as “America’s Largest Precious Metals Refiner” with a national footprint, but the Elemetal source presents company services and locations without connection to any public stock listing [3].

2. Public companies mentioned in the supplied reporting are mostly miners, streamers or broader materials firms

Where the supplied search results include tickers or exchange references, they chiefly point to mining or metals producers rather than standalone U.S. refiners: examples in the snippets include Golden Minerals (AUMN) and a range of publicly traded mining companies such as Hecla or SSR Mining discussed as miners or explorers [4] [7]. The investment‑sector material referenced (Motley Fool) similarly addresses metals stocks like streaming businesses (Wheaton Precious Metals) or mining companies, not primary precious‑metal refineries operating domestic refining facilities [5].

3. Companies that appear in broader “precious metals” lists but lack clear tickers in these sources

An industry aggregation (ensun) and other directories list firms like Materion and Metallix among “precious metal companies” in the United States, but the provided snippets do not supply exchange tickers or confirm whether those entries are refining operations or broader materials/service companies, leaving the question of listing unresolved in the supplied reporting [6]. Other refiners named in the directory set — Arch Enterprises, Northern Refineries, Mid‑States Recycling and similar regional refiners — are presented as private service providers with no public‑market ticker visible in the excerpts [8] [9] [10].

4. Bottom line, limitations, and where investors typically look instead

Based solely on the material provided, there is no clear evidence that any of the named U.S. precious‑metal refiners are listed independently on U.S. stock exchanges with ticker symbols; the sources emphasize private ownership, subsidiary status (e.g., Asahi’s Japanese parent), or operational descriptions without exchange data [1] [2] [3]. The supplied reporting does, however, point to public investment options in related segments — miners, streamers, and materials firms — which are commonly used by investors seeking metal exposure [4] [5]. This analysis is constrained by the scope of the provided sources: if a particular refiner has gone public or lists under a parent company’s ticker, that fact was not documented in the supplied reporting and therefore cannot be asserted here.

Want to dive deeper?
Which publicly traded companies own or control major precious‑metal refineries in the U.S. and what are their tickers?
How do precious‑metal streaming and refining business models differ, and which public stocks provide exposure to each?
What are the regulatory and certification standards (e.g., LBMA, COMEX accreditation) for U.S. refiners and which firms meet them?