The International Platinum Group Metals Association (IPA) is a non-profit association that represents the worldwide leading mining, production and fabrication companies in the global platinum group metals (PGMs) industry, comprising platinum, palladium, iridium, rhodium, osmium and ruthenium. The organisation, founded in 1987, is based in Munich and holds membership meetings twice a year. Its working committees and groups meet regularly throughout the year. The major aim of the organization is to act as a platform for discussion and information exchange between its members and with the outside world. Furthermore, the IPA serves as an early warning system for the PGM industry by monitoring legislation (emissions control, REACH, recycling etc.) and industry related topics such as trade, health & safety, and sustainable development.