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It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name originates from Spanish platina, a diminutive of plata "little silver". [ 6 ][ 7 ] Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements.
Assay offices are institutions set up to assay (test the purity of) precious metals. This is often done to protect consumers from buying fake items. Upon successful completion of an assay (i.e. if the metallurgical content is found be equal or better than that claimed by the maker and it otherwise conforms to the prevailing law) the assay offices typically stamp a hallmark on the item to ...
Naturally occurring platinum and platinum-rich alloys were known by pre-Columbian Americans for many years. [5] However, even though the metal was used by pre-Columbian peoples, the first European reference to platinum appears in 1557 in the writings of the Italian humanist Julius Caesar Scaliger (1484–1558) as a description of a mysterious metal found in Central American mines between ...
Platinum–iridium alloy. The international prototype of the kilogram (IPK) is an artifact standard of platinum–iridium alloy that was defined as having a mass of exactly one kilogram. Platinum–iridium alloys are alloys of the platinum group precious metals platinum and iridium. Typical alloy proportions are 90:10 or 70:30 (Pt:Ir).
Metal testing is a process or procedure used to check composition of an unknown metallic substance. [1] There are destructive processes and nondestructive processes. Metal testing can also include, determining the properties of newly forged metal alloys. With many chemical-property databases readily available, identification of unmarked pure ...
The wholesaler is adding Swiss-made platinum bars to its selection. Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars ...
Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the code is "XPTUSD". As the cost of platinum per ounce fell, the cost per ounce for other metals in the platinum group - especially palladium - rose strongly. As of November 2022, palladium sits at around US$1900 per ounce, compared to US$980 for ...
Stillwater Mining Company is engaged in the development, extraction, processing, refining and marketing of palladium, platinum and associated metals (platinum group metals or PGMs) from a geological formation in the Stillwater igneous complex in south central Montana known as the J-M Reef and from the recycling of spent catalytic converters.
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