The Business Process at Steen Refinery
At Steen Refinery, we follow a meticulous and secure business process to ensure the highest standards of quality and trust for our clients and suppliers. Our streamlined operations are designed to guarantee transparency, efficiency, and excellence in precious metal refining.
Our Clients and Suppliers
We work with a diverse range of stakeholders in the gold industry, including:
- Mining Companies.
- Gold Trade Organizations.
- Bullion Traders.
- Banks and Financial Institutions.
- Jewelry Wholesalers & Manufacturers.
- Refineries.
- Investors.
- Governments and Central Banks.
Commitment to Integrity
Steen Refinery adheres to a robust Anti-Bribery Policy and Compliance Handbook, ensuring that all operations are conducted with transparency, integrity, and fairness. This commitment builds trust and fosters long-term relationships with our partners.
Our Process
Gold Doré Acceptance
- We accept gold doré from a variety of trusted suppliers, including mining companies, bullion traders, and financial institutions.
- The doré is received at our highly secure premises, ensuring maximum protection and confidentiality for all transactions.
Initial Testing and Payment
- The doré is tested using X-Ray Fluorescence (XRF) technology in a secure area.
- Clients receive 90% of the gold purity value identified through the XRF scan within just 60 seconds.
- The remaining 10% is paid after deep sampling and fire assay testing for precise results.
Refining and Processing
- The refining process involves multiple steps, including:
- Graining and Melting: Preparing the gold for chemical processing.
- Chemical Baths: Purifying the material to achieve high-grade gold powder.
- Conversion: Turning gold powder into grains or kilo-bars based on client requirements.
- Each step is carefully monitored to maintain exceptional quality standards.
- The refining process involves multiple steps, including:
Final Delivery
- Once the refining and casting processes are complete, the final product is physically delivered to the Middle East or other designated locations.
Account Opening Process
To streamline your partnership with Steen Refinery, we offer an Account Opening Form and KYC (Know Your Customer) verification process. This ensures smooth onboarding for our clients and suppliers, maintaining compliance with international standards.
Contact Steen Refinery Today
If you’re looking for a trusted partner to refine your gold doré with efficiency and transparency, Steen Refinery is the ideal choice. Reach out to us for more details on our process and to begin your journey with us!