The primary production of platinum group metals pgms. The international platinum group metals association ipa is a nonprofit association that represents the worldwide leading mining, production and fabrication companies in the global platinum group metals. Pdf removal of platinum group metals from the used auto. View realtime stock prices and stock quotes for a full financial overview. The company was formed in 2000 and is focused on the development of platinum operations. Total recycling of all valuable metals such as pgms, ce, al and mg from the spent automobile catalysts has been explored. Description platinum group metals ltd is the operator of the waterberg project, a bulk underground pgm deposit located in south africa.
Platinum is the most widely used of the platinum group metals. Platinum group metals the platinum group metals pgms consist of a group of 6 chemically very similar elements which are further classified as the light platinum metals ruthenium ru rhodium rh palladium pd and the heavy platinum metals iridium ir, osmium os, and platinum pt. The group includes the light metals ruthenium ru, rhodium rh, and palladium pd, with a density of about 12 gcm3, and the heavy metals osmium os, iridium ir, and platinum pt, with a density of about 22. The six platinum group metals pgms occur together in nature alongside nickel and copper. Platinum group metals a quiet storm brewing seeking alpha. Founded in 1993 by brothers tom and david gardner, the motley fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and. Jun 09, 2017 june 9 reuters platinum group metals ltd. Platinum group metals retained a 37% interest, while a black economic empowerment group held a 26% interest. Plg platinum group or the company provides a corporate update regarding the previously announced. Pgms are extracted either from newlymined primary ore or from used, scrap, or byproduct metal. Mergers, acquisitions and capital raising in mining and metals. Metal prices for platinum, palladium and nickel have all moved higher than.
Reports impalas waterberg amended purchase and development option agreement completed. The coordination number rarely exceeds six and pd ii is a. Feb, 2017 platinum group metals pgms are precious and industrial commodities. We learned in 2016 that while platinum was less precious than gold and silver, palladium turned out to be more precious. They may be considered a subset of the precious metals. Behavior of platinum group metals during their pyrometallurgical recovery from spent automotive catalysts article pdf available in oalib journal volume 1e736. Behavior of platinum group metals during their pyrometallurgical recovery from spent automotive catalysts article pdf available in oalib journal volume 1e736 august 2014 with 697 reads. Reports continued listing plan accepted by the nyse american email print friendly share june 22, 2018 08. Plg stock quote, history, news and other vital information to help you with your stock trading and investing. As a result, the mining and metals industry lags a broader confidence revival in equity markets, while price weakness.
The most appropriate method of analysis for each individual sample supplied will be assessed, based on anchorcer. Platinum group metals pgms are precious and industrial commodities. About 80% of the worlds reserves for platinum group metals pgms are in south africas chrome content in the feed and the challenges associated with operating high chrome been commercialised. View plg revenue estimates and earnings estimates, as well as analyst recommendations.
Pgm today announced a planned merger of the two companies, giving the new entity one of the largest, well situated land positions in the lac des iles region. Platinum group metals has a new source by esa nummi 04. Platinum group metals plg stock message board investorshub. The platinum group metals are clustered together on the periodic table, plus these metals tend to be found together in minerals. Vancouver, british columbia and johannesburg, south africanewsfile corp.
These versatile metals play a significant role in many of the products we use every day. The platinumgroup metals pgm are technologically important metals which are becoming increasingly relevant in reducing harm to the environment. Platinum group metals rh, ir, pd and pt are all facecentered cubic. What are the platinum group metals and why do they matter. Plg platinum group ptm or the company reports the companys financial results for the six months ended february 29, 2020 and provides a summary of recent. Glencores production of platinum group metals from.
Platinum group metals market global industry analysis, size. Other platinum group metals z gross demand for rhodium increased by 22% last year to 873,000 oz. Jul 31, 2017 july 31 reuters platinum group metals ltd platinum group metals ltd operational and strategic process update platinum group metals ltd. Other platinum group metals page 42 platinum 2009 rhodium supply and demand 000 oz 2007 2008 supply south africa 696 574 russia 90 85 north america 20 18 others 18 18 total supply 824 695 demand autocatalyst. Plg is a small startup mining company established in vancouver, canada, with one remaining asset in. Imports for consumption of platinumgroup metals pgms, including waste and scrap. July 31 reuters platinum group metals ltd platinum group metals ltd operational and strategic process update platinum group metals ltd. In depth view into platinum group metals price target including historical data from 2001, charts, stats and industry comps.
Waterberg was discovered by platinum group and is being. Toronto including stock price, stock chart, company news, key statistics, fundamentals and company profile. Aspects of the platinum group metals resource rsc education. May 08, 2020 industry, sector and description for platinum group metals.
Due to their economic values and higher quantities, platinum and palladium are the most important. These elements are all transition metals in the dblock groups 8, 9, and 10, periods 5 and 6. The previously merged f zone has now been modelled as individual. Glencores platinum group metals production by type 20. The platinum group metals pgms are a family of six structurally and chemically similar elements that are most valued for their wide range of industrial, medical, and electronic applications. Their management team has a successful track record with more than 20 years of experience in exploration, mine discovery, mine construction and mine operations. Northam platinum limited acquisition of platinum group. Platinum group metals market global industry analysis. Pdf platinum group metals pgms play a significant role in the manufacturing of catalysts, super alloys, electronics, space materials. Our projects are located in the bushveld complex in south africa, surrounded by 70% of the worlds platinum production. South africa is the largest producer of pgms, followed by russia. Based on latest financial disclosure platinum group metals has probability of bankruptcy of 41. Platinum group metals, pgms3 from automotive and chemical.
Ipa international platinum group metals association home. Pdf commercial processes for the extraction of platinum group. Pdf two hundred years platinum group metals researchgate. Platinum group metals corporation engages in exploration, mine development, processing and marketing of nickel ore and value added products for international market. Pdf behavior of platinum group metals during their.
The company aims to be an emerging platinum producer. International conference on the chemistry of the platinum group metals focused on catalysis. Glencore plc was newly formed in may 20 through a merger with xstrata. Platinum group metals pgms is a family of metals which includes platinum, rhodium, osmium, ruthenium, palladium and iridium. Platinum group metals accumulate almost entirely in crude nickel. Overall, the rhodium market tightened but remained in surplus by 114,000 oz. The elements share certain desirable properties with platinum.
The platinum group metals or pgms are a set of six transition metals that share similar properties. Platinum group metals pgms consist of six silverwhite metals. Platinum group metals and new millennium agree to merge. Industry, sector and description for platinum group metals. Nyseamerican including stock price, stock chart, company news, key statistics, fundamentals and company profile. Chapter 3 production and uses of platinum group metals summary major deposits of pgms are found in south africa, zimbabwe, the u. Why spend so much money and time on the preparation of expensive ligands and complicat. Its business is conducted primarily in south africa, and to a lesser extent, in. Plg is a small startup mining company established in vancouver, canada, with one remaining asset in south africa called the waterberg project. Platinum and palladium are both essential and precious metals. Supplies of rhodium declined slightly to 751,000 oz. Plg platinum group ptm or the company reports the companys financial results for the six months ended february 29, 2020 and provides a summary of recent events and outlook. One of the major issues addressed was the cost involved in the design, synthesis and optimisation of new catalysts. Purchase the platinum group metals industry 1st edition.
Platinum group metals operational and strategic process update. Platinum group metals reports the waterberg resource increases. Platinum group metals has a new source analyzing metals. Platinum group metals article about platinum group metals. Platinum group metals article about platinum group. It focuses on production of platinum and palladium. The separation and purification of the pgm is largely carried out by exploiting differences in. Reports continued listing plan accepted by the nyse american. An exploration and development stage company condensed consolidated interim statements of loss and comprehensive income loss unaudited in thousands of canadian dollars, except share data see accompanying notes to the consolidated financial statements 3 for the three months ended november 30, 20 2012. Northam platinum limited acquisition of platinum group metals recycling assets in the united states of america 28 july 2017 07. Platinum group metals ltd ptmt quote the globe and mail. Platinum group metals or platinum metals, chemical elements of the second and third triads of group viii of the mendeleev periodic system. Platinum group metals aktie aktienkurs kurs a2adzy.
On november 7, 2011, platinum group metals acquired 49. Originally incorporated as caschrome corporation in 1983, the companys office is located in makati city. Reports second quarter results view more apr 03, 20 platinum group metals ltd. Upon subsequent electrolytic refining, silver, gold, and platinum group metals precipitate to the bottom of the electrolyte bath in the form of a slurry, which is then refined. Platinum group metals plg institutional ownership the. The estimates shown in gfms, refinitiv platinum group metals survey for the main components of mine production. The platinum group metals or pgms are a set of six precious metals that are clustered together on the periodic table around the element platinum.
Mergers, acquisitions and capital raising in mining and metals 1h 2014. Properties such as high melting point make them high temperature resistant and corrosion resistant. It is based on the principles by which the platinum group metals are extracted and separated from a solution of the platinum. Platinum a valuable raw material sophisticated recycling processes from heraeus prepare precious metals for further use 26 technology report 02 more than 90 percent of what people consume or use either contains platinum group metals in some form or comes into contact with them during the production process. Marketbeats community ratings are surveys of what our community members think about platinum group metals and other stocks. Platinum group metalsstock news for platinum group metals platinum group metals platinum group metals ltd. Nyseamerican stock quote platinum group metals ltd. In depth view into platinum group metals price including historical data from 2002, charts, stats and industry comps. Platinum group element transport was probably by chloride complexes in moderately acidic and strongly oxidizing fluids of relatively.