Platinum
by Metal Concentrators SA (Pty) Ltd
Platinum is a multi-facetted metal. Of all the platinum produced annually, 8% is for investment purposes while 31% is used to manufacture jewellery with the balance going into industry as precious metal catalysts. Investment platinum is a rare commodity and platinum jewellery is becoming highly sought after.
South Africa is still the largest producer of platinum and produces approximately 73% of the world’s platinum. Russia being second in line only produces 13%. Continue reading…