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General
- Platinum Refineries
is a full service refiner, assayer, smelter and broker of all precious
metals. Industrial Platinum, Medical Platinum, Jewelry Platinum,
Rhodium, Palladium, Gold and Silver assaying and refining.
- Platinum Refineries
provide customers with a state-of-the-art laboratory, utilizing the most
advanced induction and chemical techniques to extract every grain of
precious metals contained in your Platinum, Rhodium, Palladium, Gold and
Silver scrap.
- Platinum Refineries
never charge refining fees, and with a variety of settlement options,
fast turn-around time, and our precise and accurate assays our services
are unparalleled in the industry.
Process
- The mining of
platinum ores is similar to gold mining. This enables a progressive
method of mining - the reef is drilled and blasted to advance the face,
support being installed for local control of the hanging wall. As in
gold mines, platinum mining is incorporating the increased use of
mechanisation and trackless-mining methods.
- Platinum mining,
however, differs from gold mining in several ways. Unlike gold reefs,
which are sedimentary deposits resulting from the settling of granular
particles on the bed of an inland lake and subjected to great pressure,
platinum reefs are igneous rocks. They were intruded into the Bushveld
area as molten volcanic magmata rising from below the earth's crust,
later cooling and solidifying. This phenomenon created a strata control
environment differing markedly from that of gold mines.
Technology
- Setting and mounting
techniques include: Drill at a slow speed,Start holes with a pilot drill
and then use a,drill size smaller than the stone to finish, Use sharp
drills, resharpening often, Lubricate with beeswax or methyl salicylate
frequently, if the drill breaks, dissolve out with 30% sulphuric acid,
Use a new or well-cleaned burr only as much as necessary to finish the
seating,Keep millgrain wheels and burnishers meticulously clean and
reserved only for platinum.
Market
- The demand for
platinum group metals(PGMs) has therefore increased exponentially and
now some seven million ounces of platinum and 6.5 million ounces of
palladium are used annually, of which 40% of platinum and 65% of
palladium are used in catalysts.
- This growing demand
has encouraged an exploration boom for PGMs, which are relatively rare
in the geological record.
Report
- The Gencor-Lonrho
report includes a careful analysis of the platinum market.The portion of
platinum demand accounted for by industrial processes and autocatalysts
is price-inelastic, probably with a very low price elasticity, since
there are basically no substitutes for platinum for these purposes,
apart from limited substitution possibilities between platinum and
palladium for certain types of autocatalysts.
- The price elasticity
for jewellery demand on the Japanese market was found to be
rice-inelastic with an elasticity of –0,6. Since autocatalysts and
industrial processes account for about 51% of the market, and the
Japanese jewellery market for about 34%, this means that the
priceelasticity of 85% of the global platinum market is highly
inelastic.
Entrepreneur who want
the information on "General, Process,
Technology, Consultants, Company profile, Report,
Patent, Market "
can E-Mail us to
informer@eth.net,
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Primary
Information Services
21 Murugappan St, SwamyNagar
Ext2,
Ullagaram, Chennai - 600091, India.
Phone:
91 44 22421080 Email :
informer@eth.net,
primaryinfo@gmail.com
Mobile
numbers:9940043898, 9444008898 Fax : 91 44
22423753 |