Platinum is a widely-used although extremely rare metal, critically important to the auto industry, the jewelry trade, and the chemical, electrical and glass manufacturing industries. Far rarer than gold, it is estimated that all of the platinum ever mined throughout history would fit into a cube less than 25 feet on each side. The vast majority of platinum mined today comes from just two parts of the world: South Africa and Russia, which produce, respectively, about two-thirds and one-quarter of the world’s platinum supply each year.
Platinum’s supply/demand fundamentals are tight. In fact, according to some estimates, if platinum mining were to cease today, there would be only about a year’s supply available to industry.
More than 50% of annual platinum production is used in the automotive industry. Platinum is a primary element in auto catalysts that control vehicle exhaust emissions of hydro-carbons, carbon monoxide, oxides of nitrogen and particulates. Auto catalysts convert most of these emissions into less-harmful carbon dioxide, nitrogen and water vapor. As developing countries such as China and India introduce new environmental legislation to combat air pollution, the demand for auto catalysts are sure to increase.
Neptune Global offers investors three convenient ways to establish, hold and trade a position in platinum:
- Coins from the world’s leading mints.
- Bars from globally recognized refineries
- PMC Ounce – precious metals composite – A turn-key and liquid diversified physical bullion investment vehicle so innovative it received a US patent.
Speak with a Neptune Global bullion specialist today to learn more about investing in platinum.