If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
After the turmoil in the markets over the last two weeks it is interesting to note the price behavior of platinum and to investigate the reasons for it strengths.
Read more
Platinum closed $15 down yesterday (21st Nov) after reaching its highest level in two months in the previous session.
Read more
Osmium is found in ores containing the Platinum Group Metals. (PGMs)
The largest known occurrence of Osmium is Turkey with known reserves of circa 125,000 tons followed by Bulgaria with circa 2500 tons.
Read more
Approximately 50% of total world demand comes from the electronic industry and about 40% from the chemical industry.
Read more
Ruthenium is another Platinum Group Metal (PGM) along with
Read more
South Africa is the principal producer of Rhodium and accounts for approximately 80% of the total annual production followed by Russia. Sources are also located in Canada and North and South America.
Read more
The principal use of Osmium is in combination with other metals in the Platinum Group Metals (PGMs) to produce extremely hard alloys.
One such use is in armour piercing shells.
Read more
Did You Know?
that Rhodium is historically circa six times more expensive than Gold
Read more
Symbol :- Pd
Melting Point :-2830 F, 1555 C
Palladium is a soft whitish grey metal resembling Platinum and which does not tarnish in air and is the least dense and has the lowest melting point of all PGMs.
Read more
First discovered in 1803 by Wilfred Hyde Wollaston and named after an asteroid discovered two years earlier.
Wollaston treated crude platinum ore to extract Palladium metal.
At one time Palladium Chloride was prescribed as a treatment for tuberculosis, although it had few side effects it was eventually replaced by other more effective drugs.
Palladium coins were issued by Tonga in 1967 and since then Canada, Soviet Union, France, Russia, China, Australia and Slovakia have followed suit most of which have been special commemorative coins.
