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The platinum-group metals [a] (PGMs) are six noble, precious metallic elements clustered together in the periodic table. These elements are all transition metals in the d-block (groups 8, 9, and 10, periods 5 and 6). [1] The six platinum-group metals are ruthenium, rhodium, palladium, osmium, iridium, and platinum.
Platinum is an extremely rare metal, [26] occurring at a concentration of only 0.005 ppm in Earth's crust. [27] [28] Sometimes mistaken for silver, platinum is often found chemically uncombined as native platinum and as alloy with the other platinum-group metals and iron mostly.
"Noble Metals. Gold, Platinum, Silver, and a few rare metals. The members of this class have little or no tendency to unite with oxygen in the free state, and when placed in water at a red heat do not alter its composition. The oxides are readily decomposed by heat in consequence of the feeble affinity between the metal and oxygen." [29]
Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. [1] The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded ...
Johnson Matthey Technology Review, known as Platinum Metals Review before 2014, is a quarterly, open access, peer-reviewed scientific journal publishing reports on scientific research on the platinum group metals and related industrial developments. [1]
Costco continues to chip away at the gold mine that is the precious metals market.The wholesaler is adding Swiss-made platinum bars to its selection. Costco on Wednesday announced the 1-ounce ...
Rank Country/Region Platinum production (kilograms) Year World 180,000 2019 1: South Africa: 130,000 2019 2: Russia: 22,000 2019 3: Zimbabwe: 15,000 2019 4: Canada
Platinum prices are stable year to date but have risen 14% over the past year. Costco is diversifying its precious-metals business by selling 1-ounce bars of platinum for $1,090.