Everything about JBR and precious metals
In the precious metals market, JBR Recovery Ltd (JBR) is one of the most respected names in precious metal refining. In this article you can read what JBR does exactly, about the recent acquisition by StoneX Group Inc and about its collaboration with GoldRepublic.
About JBR
JBR Recovery Ltd is one of the leading British precious metal refineries, specializing in recycling and processing silver and gold from industrial waste on a large scale.
Where many traditional refineries depend exclusively on primary mining, JBR excels at transforming secondary materials and industrial residual flows into silver bars of the very highest industrial purity (999/1000).
What does JBR do in the silver market?
JBR processes more than 250 metric tons of pure silver every year. The silver bars it produces are then traded worldwide by institutional parties, central banks and private investors who do not want to take any risk regarding the purity of their investment.
LBMA recognition (Good Delivery)
The absolute foundation of trust in the precious metals world is accreditation by the London Bullion Market Association (LBMA).
JBR is one of only two refineries in the entire United Kingdom that holds the coveted 'Good Delivery' status for silver.
To retain this status, JBR must permanently demonstrate that every bar has exactly the prescribed fineness, has been cast flawlessly and that the origin of all materials is fully transparent and conflict free. Gold and silver bars with Good Delivery status can be traded worldwide immediately, without any time consuming or costly re-assay beforehand.
JBR acquired by StoneX
StoneX Group Inc., a global financial giant in the precious metals market, fully acquired JBR Recovery Ltd in 2024 through its subsidiary StoneX Metals Limited.
This strategic acquisition brings benefits for the end investor. By acquiring JBR, StoneX now manages the entire chain from source and refining through to final logistics and sales. For the investor this means even greater operational robustness, guaranteed liquidity and the certainty that the refinery is backed by the capital and the compliance of a listed American financial institution.
Conclusion
In the precious metals market, JBR Recovery Ltd (JBR) from the United Kingdom is one of the most respected names in precious metal refining.

Rika Zaat is host of MacroCheck at GoldRepublic, where she translates macro-economic topics into clear and accessible videos. She is also responsible for marketing, productions and events, including large live evenings with speakers such as Willem Middelkoop and Peter Schiff. Rika graduated cum laude from Nyenrode Business University with an MSc in Financial Management (GPA 8.2).
