PGM Facts

Key facts:

  • Platinum Group Metals (PGMs) consist of six silver-white metals: platinum, palladium, rhodium, ruthenium, iridium, and osmium.
  • They occur together in nature and are produced from the same ore.
  • They are mined mainly in South Africa, Russia, and North America.

PGMs are used in:

  • Catalytic converters. Auto catalysts are the largest demand sector for PGMs and in 2012 accounted for 56% of gross world demand for platinum, palladium and rhodium combined.
  • Computer hard disks, mobile phones, aircraft turbines, glass, nitric acid, silicones etc.
  • Anti-cancer drugs, cardiac treatment, implants, dental applications
  • Fuel cell technology. Power-train for electric cars: a fuel cell using a catalyst of platinum and ruthenium combines hydrogen with oxygen in a chemical reaction.

PGM properties:

  • are indispensable in many industrial applications
  • are very durable
  • are highly resistant to wear, tarnish and chemical attack
  • resist corrosion
  • have excellent catalytic properties
  • are highly recyclable
  • are used rather than consumed