Information
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Account Documentation, Personal Investment Profile,
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GPMex
| Platinum
/ Palladium
Platinum
Rarest of all precious metals. Only 120-130 tons of
platinum reach the western world markets each year.
Approximately 10 tons of raw ore must be mined to
produce one pure ounce of platinum. Platinum is necessary
to the future of a pollution-free world.
Approximately 90% of all platinum supplies come from
South Africa and the former Soviet Republics. Platinum
is used in production of one of every five consumer
products. All the platinum ever mined throughout history
would fill a cube less than 25 feet on each side.
Palladium
Produced as a by-product of platinum and nickel mining.
Palladium is primarily an industrial metal, often
applied in a number of uses as an alloy of platinum.
Investment demand for palladium exists, although to
a lesser extent than gold, silver, and platinum. Russia
is the largest producer of palladium. The second largest
source of palladium flows from South Africa, with
smaller amounts of palladium recovered in Canada,
the United States, Brazil, Australia, Finland, and
Zimbabwe.
Primary uses for palladium
are electronics, cold fusion experiments, and platinum-based
auto catalysts. Palladium is also used in electronic
components and connectors. Palladium paste is used
in semiconductors found in most personal computers,
cellular telephones, and an enormous range of electronically
controlled devices. Palladium is also combined with
gold to create dental alloys. Palladium is joined
with gold to lighten the color of the alloy and heighten
its corrosion-resistance properties.
The third largest use of palladium
is in auto catalysts, where palladium is often combined
with platinum. More and more palladium is being included
in stationary site catalysts designed to reduce harmful
emissions from commercial establishments as well as
from vehicles. Palladium plays a smaller role in jewelry,
chemical process and petroleum refining catalysts,
and brazing alloys.
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