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The company was founded by İbrahim Bodur (1928–2016) in 1956 to produce ceramics. [1] In later years, the company entered in metal tools industry in 1969, [2] chemical products industry in 1975, [3] equipment trading in 1978, [4] hardware, machinery and power tools trading, [5] and defense industry. [6]
Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the code is "XPTUSD". As the cost of platinum per ounce fell, the cost per ounce for other metals in the platinum group - especially palladium - rose strongly. As of November 2022, palladium sits at around US$1900 per ounce, compared to US$980 for ...
Platinum entered a prolonged bear market in 2011 after peaking at $1976/oz. The 7-year grind lower damaged investor sentiment severely. Platinum Price Forecast – The Forgotten Metal
The group supplies products to manufacturing companies in the automotive industry, the aerospace sector, telecommunications, the chemical industry, medical technology and the steel industry. [36] A main business unit of the Heraeus Group is the production and processing of precious metals (e.g. platinum, gold, silver).
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The five-month-long platinum strike resulted in the deaths of four people, [11] six stabbings, [12] and 24 billion rand ($2.25 billion) in lost revenue for the South African platinum industry. The GDP of South Africa contracted in the first quarter of 2014, [ 13 ] pulled down by the steepest drop in mining production, 25% of which 19% was ...
Beginning in 1957, the company published the journal Platinum Metals Review with the support of the Rustenburg Platinum Mines. [7] [8] In the 1960s Johnson Matthey formed a subsidiary, Johnson Matthey Bankers (JMB), which took its seat in the London Gold Fixing. In the early 1980s the bank expanded its activities outside the bullion business ...
Occasionally articles on the history, geological occurrences, and exploitation of platinum group metals were also published. [ 8 ] While between 2016 and October 2022 the journals content was published as CC BY-NC-ND 4.0 , the journal is now published under CC-BY 4.0 from January 2023 onward, in accordance with the definition of open access ...