THE CASE FOR PLATINUM
7th April, 2021
By David Davies
Platinum is one of the rarest and heaviest of the precious metals. The chemical symbol for the element platinum is Pt. It has an atomic mass of 195.08 and its atomic number is 78.Platinum is 30 times rarer than gold. It has been said that if all the platinum ever mined were melted and poured into an Olympic-sized pool, the platinum would barely reach your ankles. Gold, however, would fill three pools.
Platinum concentrate is smelted at 1,500 C prior to refining, to separate it from waste products. The term ‘precious metals’ is taken to include silver, gold and the six platinum group metals (PGMs) - platinum, palladium, ruthenium, rhodium, osmium and iridium. Platinum has special characteristic properties which play a critical role in the reduction of global warming, and essential roles in a wide-range of industrial and medical applications.
David Davies covers in this report ....
- A Case For Platinum
- Industrial Segment
- Chemical Sector
- Electrical Sector
- Petroleum Sector
- Medical and Biomedical Sector
- Jewellery Segment
- Autocatalyst Segment
- Hydrogen Fuel Cell and Green Technology Segment
- The Drive for a Zero-Emissions in The Transport Sector
- Future Trends Green Hydrogen
- Future Estimates of Platinum Required to Drive Zero-Emissions
- Market Balance Estimates Looking Forward to 2030
- Supply Demand
- Investment Segment
CLICK HERE to download the full article.
Protect your wealth; invest in physical gold, silver or other precious metals at best prices from Indigo Precious Metals. Physical delivery across the world.
Consider the safest option of segregated, allocated vault storage at Le Freeport Singapore with IPM Group.
Disclaimer : The information contained in this website should be used as general information only. It does not take into account the particular circumstances, investment objectives and needs for investment of any investor, or purport to be comprehensive or constitute investment advice and should not be relied upon as such. You should consult a financial adviser to help you form your own opinion of the information, and on whether the information is suitable for your individual needs and aims as an investor. You should consult appropriate professional advisers on any legal, taxation and accounting implications before making an investment.