ARGOR-HERAEUS SA in Switzerland and our current company A3S, have decided to terminate their business relationship in Chile and Latin America.

Since more than 20 years ARGOR-HERAEUS Latin America SpA – a Joint Venture between the Swiss refinery ARGOR-HERAEUS SA and A3S in Chile – has offered the best connection for the mining community providing services and security in the refining business backed by the financial strength and reliability of the Heraeus Group.

Both partners have valued their relationship which has grown significantly over the years of cooperation. The Joint Venture is at a current stage where both partners agree that given the challenges and opportunities ahead it is better for both partners to develop their future separately.

Hans Deutsch and Robin Kolvenbach, Co-CEOs of ARGOR-HERAEUS SA stated “We really have appreciated the cooperation with AHLA in the past 20 years. We were able to best support our customers and build up a very trustful network in the precious metals industry in Latin America. Given the future challenges in the market, we do agree that it is best if each of us develops the business on his own.”

The CEO of A3S stated “From our side we have enjoyed the cooperation with ARGOR-HERAEUS SA but we agree that each company can now better develop on their own, then we will keep involved with the mining industry that has been our core activity since more than three decades ago. We are a unique case of sourcing knowledge starting from exploration, mining production, refining, and strong relationships with the end consumers, thereby covering the entire value chain of precious metals.”

Our brand new company, Advanced Streaming for Sustainable Sources (A3S) , will continue connecting sustainable mining material to international customers demanding precious metals, with a high standards processing plant located in Chile.