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The
extraordinary physical properties of the platinum group make its
metals almost indispensable in a wide range of industrial
applications:
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Autocatalysts - account for 40% of total demand for
platinum.
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Jewelry
- 38% of world's platinum finds its way into jewelry.
Japan is the largest consumer of platinum for jewelry
fabrication.
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Investment - platinum established a recognition for itself
as a legitimate, complementary holding to gold and silver in
United States and Western Europe.
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Industry - Platinum group metals continue to maintain their
long association with the electrical and electronics industry,
which accounts for 50% of annual palladium and ruthenium
demands.
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Medicine - Palladium is rapidly supplanting gold in
dentistry. Platinum is used in the treatment of certain
types of cancer.
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Fuel
Cells - this new technology is the future demand sector in
the industrial arena for platinum group metals.
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