Platinum for autocatalyst
The catalytic converter (autocatalyst) is the largest application of platinum group metals. Platinum, palladium and rhodium are coated onto a substrate housed in the exhaust system and act as catalysts to reduce levels of carbon monoxide, hydrocarbons and oxides of nitrogen to legislated levels.
Platinum for autocatalyst in the news
Platinum and Gold
Platinum and gold, how much of a relationship do these metals really have? Gold has been the talk of the town lately, a growingly-popular safe haven in these wild economic times. But platinum, one hardly hears of this metal.
Deutsche declines comment on talk of aluminium ETF plan
* Aluminium ETP useful for short term exposure
PLATINUM GROUP METALS
While prices may have fallen around 11% in recent months, there are indications that platinum could be bottoming out. The price of platinum has fallen around 11% since hitting a 21-month-high in late April, largely on the coat tails of the sovereign debt crisis in Europe.
Anglo Platinum unsure about beating full-year production target 26th July 2010
Anglo Platinum has today (26th July) questioned whether it will be able to reach a previously-stated pgm output target. The world's largest platinum producer has a full-year target of 2.5 million ounces for 2010, but indicated in April that this total could be surpassed by 200,000 oz.
Anglo eyeing annual production rises of 100,000 oz until 2014 27th July 2010
Anglo Platinum is planning to increase its production by 100,000 oz annually for the next four years, it emerged yesterday (26th July).
FAST NEWS
Anglo Platinum, the world's biggest producer of the precious metal, plans to increase production by 100,000 ounces each year for the next four years, CEO Neville Nicolau said on Monday.
Gold bounces higher on physical buying; equities gain
Gold gained today on bargain hunting and purchases from jewellers but investors were on the sidelines after a European bank stress test showed few surprises and failed to spur safe-haven buying last week.
Johnson Matthey Plc Interim Management Statement
Commenting on current trading at the Annual General Meeting to be held at 11.00 am today, Sir John Banham, Chairman of Johnson Matthey, will provide the following statement: "Johnson Matthey has made a good start to the financial year with the first quarter benefiting from a continuation of the positive trends seen in our major markets during the second half of 2009/10. In the three months to ...
Johnson Matthey Q1 Underlying Pre-tax Profit Up 47% - Update
Specialty chemical company Johnson Matthey Plc Wednesday reported a 47% year-over-year rise in underlying pre-tax profit for the first quarter ended June 30. The company now sees sequentially lower results for the second quarter due to normal seasonal factors, an expected end to recent stock building by the car companies and the potential impact of economic uncertainty on consumer confidence ...
China boosts platinum prospects
The long-term outlook for platinum group metals (PGMs) looks bullish, underpinned by ongoing supply side constraints and driven, as with most commodities, by growing demand from China.
