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In Utah, this secretive refinery makes gold the state’s biggest export — and it’s expanding

A gold refiner that keeps a low profile in West Valley City is gearing up to open a new plant in 2026.

(Photo illustration by Christopher Cherrington | The Salt Lake Tribune. Photography: Bethany Baker | The Salt Lake Tribune; Asahi) Asahi Refining, a West Valley City plant that maintains a low profile, makes gold one of Utah's biggest exports.