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The mineral
properties
of precious and platinum group metals are unique and these
characteristics figure in key applications. These find many
applications in the automotive, jewelry, chemical, electronics,
medical and glass sectors. The special properties are also
exploited in the technological age and find increasing
applications. Emerging technologies find many applications and
will have an impact on the demand and supply as and when they
become commercially significant. The dominance of
passive capacitors
and their
role in
miniature circuitry and the impact of
environmental legislation
and controls spreading to more and more countries are in this
direction. The research and
development
of
fuel cells
as an alternative to fossil fuels is a pointer in this
direction.
Any commodity which has more demand than
supply calls for attention. In the case of precious and pg
metals, the demand has been consistently
outstripping the supply
over the past many years and the
pointers
are that this will continue to remain so.
1. The supply is limited to a few locations and countries.
2. Though extensive exploration and development work are in
place, the physical supply position would improve only in a
phased manner over the next few years.
3. The influencing factors.
There is a mass awareness on environmental issues and emission
controls in automobile industry are being strictly enforced in
Europe, Japan and USA. More countries including India and China,
South Korea etc., are already having an implementation plan in
place. Apart from the automobiles coming out with standards
strictly adhering to emission controls, the switch to diesel
vehicles is on the increase.
Catalytic converters
in the automotive industry are one of the major applications for
the platinum group metal and the demand is expected to grow
further. Platinum is extensively used in the automotive sector
for catalytic converters and with strict enforcement of
pollution controls find increasing demand in this sector.
The second major application is in the
jewelry
sector. The
jewelry industry
is already well supported by media and with new designs and
fashions taking the front stage, platinum jewelry is already
making inroads into the consumer market. The exposure to
platinum jewelry is now on a very high note and the response is
like never before.
China has
already overtaken traditional Japan as the major consumer of
platinum jewelry and other countries are following suit. The
jewelry sector is expected to play a major part in the coming
years, with the population of upwardly mobile younger generation
on the increase.
Platinum jewelry has now become both formal and informal and
finds preference for everyday wear as well as special occasions
like marriages etc. New designs, rich white color, anti-allergic
properties are making platinum jewelry a popular choice, well
supported by media coverage.
The special properties of the group find place in very
specialized applications using
super alloys,
very hard cutting tools, instrument pivots and high- tech
electronics. All these applications emerging with new
technologies grow with innovations. Though the industrial sector
has been using platinum group metals to a large extent but in
specialized applications, technology is bringing about a major
shift in the demand of platinum group metals apart from the main
key applications like automotive and jewelry sectors.
Companies have taken these developments in their stride and
extensive exploration programs are in place and some are in an
advanced development stage. The production and supply schedules
are already getting projected over the next 5 years and with the
encouraging trend in the exploration programs the supply
position is likely to improve further but with the applications
also growing the demand supply deficit is likely to continue.
The metals
platinum,
palladium,
rhodium, iridium, ruthenium and
osmium
are grouped under pg metals. Though platinum, palladium and
rhodium are the important members of the group, the other metals
combine to enhance properties and find use in specialized
applications. The group metals mostly show similarity in their
outstanding catalytic properties, high melting point, hardness
and resistance to corrosion, and some metals in the group
possess specific properties that find specialized applications.

Palladium is
silvery white in color. It is the least dense and also has the
lowest melting point among other platinum group metals.
Distribution in the earth’s crust is mostly confined to Russia,
North America. Current explorations could bring in Canada.
Palladium is obtained as a by-product in South Africa.
Occurrence –palladium containing ore:
|
Major |
Russia,
North America, Canada |
|
Also |
South
Africa as a by-product |
Russia is
the major producer of palladium. South Africa meets about 33
percent of the world’s supply of palladium recovered as a
by-product of
platinum processing.
Applications
Specific properties:
Auto catalyst Excellent catalytic
properties
Jewelry Used along with platinum in the jewelry sector.
Palladium is alloyed with gold to make white gold
Electronics Components
Dental Replacement to gold and base metals in certain cases
Rhodium is increasingly replacing palladium for auto- catalysts
in Japan, and North America. Europe is also expected to follow
this trend.
Palladium price could be the crucial factor in the long term
prospects if the present trends are to be reversed and palladium
captures back its market in the automobile sector.
This would depend on the supply stabilizing from
Norilsk
Nickel, Russia, policy changes in
Gohkron,
Russia, increased supplies from ongoing projects in South Africa
and recycling reaching its threshold.

Distribution in
the earth’s crust is very low.
Commercial production of iridium is generally along with other
platinum mineral as a byproduct of nickel/copper.
Occurrence of iridium-containing ore:
| Major |
South
Africa, Alaska(USA) |
| Also |
Myanmar (Burma), Brazil, Russia, Australia |
|
South
Africa is the major producer for iridium |
Very dense and rare, is a silver-white metal, used in platinum
alloys. Adding 5 to 10 percent iridium to platinum alloys adds
properties that are used in specific applications.
Application Specific properties:
Jewelry, pen points Hard and workable but becomes ductile at
temperatures of 1200 0C to 15000C.
Surgical pins and pivots Harder and stiffer and resistant to
chemical attacks than soft platinum
Electrical contacts and sparking points Extremely hard metal
with maximum corrosive resistance and very high melting point
Production of PVC Combined with ruthenium
An alloy containing 90 percent platinum and 10 percent
iridium is used as the international standard kilogram.

Distribution in
the earth’s crust is very low.
Commercial production of iridium is generally along with other
platinum mineral as a by-product of nickel/copper.
Source for rhodium
| Major |
Canada |
| Also |
South
Africa, Russia |
Canada is the
major source for rhodium.
Very dense and rare, is a silver-white metal, used in platinum
alloys. Adding 5 to 10 percent iridium to platinum alloys adds
properties that are used in specific applications.
Application
Specific properties:
Auto catalyst Good catalyst. However
rhodium is not used in diesel equipment
Thermo couples
Alloyed with platinum for measuring high temperatures (platinum
90% and rhodium 10%)
Jewelry, optical instruments Silver white color and high
reflectance to light
Uncertain supply position of palladium from Russia has created
increased sourcing for rhodium in the automobile industry as a
catalyst. Rhodium is finding use as an alternative to palladium
except in diesel applications.
Inventory build-up at Japan and USA are influencing factors.
Upward trend in rhodium use:
Prominent Japan
Showing upward trend Europe, North America
Also China, South Korea
This upward trend for rhodium in automobile industry is expected
to continue at least till 2005. The
“Tier2” emission standards
in USA expected to be in force in 2004 would further strengthen
the demand of rhodium in the automotive industry

Distribution in the earth’s crust
is very low.
Obtained as a by-product along with other platinum group metals
Bluish white in color, osmium is brittle even at high
temperatures. Osmium is processed to osmium powder as it is very
difficult to work in a metallic state. Osmium is not very
ductile but has a high melting point.
It is usually alloyed with other platinum group metals.
Osmium is very dense and usually alloyed with iridium to produce
very hard alloys.
Applications Specific properties
Electrical contacts, pen tips, instrumental pivots Combined with
other platinum group metals produces very hard alloys
Laboratory Finger printing, tissue stains for microscopic slides
Medical
implants
Alloyed with platinum (platinum 90% and osmium 10% ) for pace
makers, valve replacements

Ruthenium
Distribution in
the earth’s crust is very low.
Commercial production of ruthenium is generally along with other
platinum mineral as a by-product of nickel/copper.
Ruthenium is a grayish-white metal, hard, brittle, shows poor
oxidation resistance and almost unworkable in metallic state.
Occurrence:
| Major |
URALS
Russia, North America, South America |
| Also |
Nickel-bearing ores of Sudbury, Canada along with
platinum group metals |
Applications
Specific Properties:
Electrical contact
alloys and filaments, jewelry, pen nibs and instrument pivots
Ruthenium is used as a hardener and for severe wear-resistant
properties In ceramic applications ruthenium is used to add
color.
Alloys -apart from platinum group metals, ruthenium is commonly
alloyed with cobalt, molybdenum, nickel, tungsten and others
Electro- chemical industry Components

Pointers
Metal
Application Pointers
|
|
Rhodium glass |
Uncertain |
| Thermo
couples/Industrial |
Level |
| Auto
catalysts |
Up |
|
Ruthenium major applications |
|
|
Electronic components |
Up |
|
Automotive electronic components |
Up |
|
Minor
applications |
|
Computer Hard disk drives |
Level |
|
Iridium crucibles |
Up |
|
Fuel cells
PEM |
Future
development |
Meta
Specific properties
Platinum,
palladium Rather soft and ductile. Both metals and alloys can be
worked hard or cold
Rhodium Can be worked hot initially, but cold working requires
frequent annealing
Iridium Most corrosion resistant of all platinum group metals
Iridium ruthenium Can be worked hot with difficulty. Neither can
be cold worked properly
Osmium Hardest of the platinum metal group and has the highest
melting point. Limitation is ready oxidation

|
Application |
Remarks |
|
Jewelry castings |
Usually 90% platinum and 10% palladium. Can be worked
and brazed. Ruthenium is added to increase hardness |
|
Crucibles |
Platinum, platinum-rhodium, iridium. Requirements are
corrosion resistance and stability at high temperatures |
| Thermo
couples |
Alloys
of platinum and rhodium for measuring high temperatures |
|
Electrical appliance |
50%
palladium |
| Dental
alloys |
30%
palladium |
|
Rhodium,
ruthenium and osmium are used as alloying elements with
other platinum group metals. Almost all platinum group
metals with the exception of osmium exhibit silver white
color whereas osmium has bluish white color |

Alloy Application
| |
|
|
Rhodium |
Plating |
| Osmium |
Pen
points |
|
Palladium/Iridium/ruthenium |
Commonly alloyed with platinum to enhance properties |
|
Platinum + rhodium |
Tubes |
|
Platinum + cobalt |
Castings |
|
Platinum + iridium |
Fabrications |
|
Titanium +ruthenium |
Enhanced corrosion resistance |
|
Titanium + palladium |
Fabrications, forming, machining etc., |
|
Platinum + rhodium |
Specialized glass fiber |
|
Commonly
alloyed with, |
|
95%
platinum with 5% ruthenium |
|
95%
platinum with 5% cobalt |
|
90%
platinum with 10% iridium |
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