BR Metals recognised as one of Singapore’s fastest growing companies for the third consecutive year

January 25, 2021 - 08:56
BR Metals recognised as one of Singapore’s fastest growing companies for the third consecutive year

SINGAPORE- Media OutReach - 25 January 2021- BR Metals, a leading specialist of precious metals recycling, has beenrecognised by The Straits Times and Statista as a leading high-growth companyin Singapore for the third consecutive year.

 


BRMetals recovers precious metals from scrap materials like spent catalytic convertersand returns on average 80000 troy ounces of Platinum Group Metals to theCircular Economy. 


Basedon the criteria of revenue growth from 2016 to 2019, BR Metals secured a placein the Top 10 ranking of Singapore's Fastest Growing Companies thanks to acompound annual growth rate (CAGR) in revenue of 178.90% over this 4-yearperiod. This marksthe third year in a row that BR Metals has managed to stay within the rankings,re-affirming its potential to be an industry mainstay for the foreseeablefuture.

 

Commentingon the achievement, Founder and Managing Director of BR Metals, Mr Frank Chensaid, "The recognition by the Straits Times and Statista as a fast-growthcompany for the third successive year validates that we're moving in the rightdirection. In spite of the current adverse market conditions and uncertaintiesahead, we are still expanding and rolling out a new recycling and preciousmetals analysis service for e-scraps in Singapore with a new processing andsample line as well as a fully equipped analysis lab, Our new state-of-the-artsampling facility in Shaoguan, Guangdong will also start operations in thethird quarter this year to process precious metals scraps for the Chinesemarket."


Mr Chen also credits the BR Metals team and theCompany's steely focus on delivering value for customers at every step of therecycling process as being asignificant factor in their success. Thisgoal ensures that customers understand the importance of having profitabilityand sustainability go hand-in-hand, and encourages them to remain committed torecycling their secondary waste.


Thisaward is a new addition to BR Metals' growing list of accolades. Previously,the company achieved a Top 30 position on Financial Times's ranking of 500high-growth companies from the Asia Pacific region in 2019. Mr Frank Chen wasalso honoured as Entrepreneur of the Year 2019 (New Entrepreneur Category) - anaward jointly accorded by the Association of Small and Medium Enterprises(ASME) and the Rotary Club of Singapore.

 

For more details about the ranking ofSingapore's Fastest Growing Companies, please visit https://www.straitstimes.com/business/companies-markets/tech-enabled-firms-in-singapore-among-the-fastest-growing-companies

For more information about BR Metals Pte Ltd,please visit www.brmetalsltd.com

For sales enquiries, please contact +65 63622946 or email info@brmetalsltd.com

About BR Metals Pte Ltd

BRMetals is the leader in precious metal recovery. We set high industrialstandard as a trusted partner that provide responsive services and createsustainable value for clients.

 

Ouroperations in Guangzhou and Singapore purchase, process and analyse usedcatalytic converter, petrol-chemical catalyst, and other scrap materials torecover platinum, palladium and rhodium as well as other precious metals. Wealso provide recycling and precious metal analysis service for e-scraps. 

 

Weare committed to positively contribute to clients' growth based on flexiblearrangement, fair and transparent trading without compromising our commitmentto the sustainability of precious metals and other finite resources.

 

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