Recovery of platinum group metals (PGMs: Pd, Ru, Rh), Cs, Se, and Te from molten borosilicate glass containing simulated high level radwaste through the combination of liquid metal extraction and phase separation method under reductive heat-treatment was studied. In this process, the PGMs were extracted in recovered liquid metal phase, where Sb and Bi metals were used as the collecting metals. Meanwhile, Cs, Se, and Te were enriched in the phase separated potassium-rich materials on glass surface, which were extracted by water. The type of liquid metals had profound influence on the extraction behaviors of PGMs and other fission products from the glass melt. As a result, except the near extraction efficiency of Pd, Sb showed higher affinity for Ru and Rh than Bi metal. The higher phase separation efficiency of potassium-rich materials led to the higher extraction efficiencies of Cs, Se, and Te in liquid Sb extraction than Bi. Among the examined conditions, using liquid Sb extraction, the Pd, Ru, and Rh extraction efficiencies were 78.6%, 62.1% and 100% in liquid Sb metal phase, and 93.76% of Cs, 60.4% of Se, and 23.65% of Te in leachate were obtained.