Two of the world’s largest precious metals refiners, Valcambi and Asahi, are separately bidding for the assets of their bankrupt Miami-based rival Republic Metals Corp. (RMC), Reuters reported. The two companies will go head to head in an auction in a New York bankruptcy court today. RMC is one North America’s largest precious metals refineries and filed for bankruptcy in November. RMC refines gold and silver and also processes carbon. Other bidders have made offers for the carbon assets, while Valcambi and Asahi have bid for the entire company.
