WebMar 10, 2024 · Platinum’s primary use has been in catalytic converters for diesel vehicles – 45% of the platinum sold in 2014 went to the automotive industry. As consumers and manufacturers moved away from diesel in the wake of Dieselgate, platinum lost out to palladium, which performs better in petrol vehicles. WebPlatinum – 5 parts per billion Osmium – 1.5 parts per billion Other Platinum group metals – 1 part per billion or less As the earth’s crust is estimated to mass around 2.6 * 1022 kg, it …
How Much Platinum is in the World? - SD Bullion
WebJan 27, 2024 · Palladium is one of the rarest metals on Earth found in 0.015 ppm (parts per million). Given how rare palladium is it’s a substantially less liquid metal when compared to gold and silver. In my time working for SchiffGold, I’ve seen the bid/ask spread vary between $20.00 and $200.00! WebAug 1, 2016 · Approximately 10 percent is mined in Russia, and the rest is found in North and South America, according to the U.S. Geological Survey. Because platinum and other platinum metals usually... how many seasons does the boys have
Platinum - Minerals Council South Africa
WebOf these counties, South Africa has the largest platinum resources, with over 80% of the world’s reserves. This rarity means that all of the platinum which has ever been mined would only cover your ankles in one Olympic-sized swimming pool. In comparison, many suggest that all the gold ever mined would fill three Olympic-sized pools. WebEven though gold has been mined far more than platinum, gold is typically, but not always, more valuable. The automobile industry uses between 50 and 60 percent of the platinum and palladium produced worldwide. Platinum has more excellent industrial and manufacturing applications than gold or silver. WebPlatinum in history. ... The mines on this geological structure have for many years produced more than 75% of the world’s output. Since World War 2, platinum mine production has grown continuously in response to new applications being developed for the metals. A significant new use of platinum was in the petroleum industry where platinum ... how did chris pratt meet katherine