How much platinum has been mined
Data crunchers and precious metals infographic makers, Visual Capitalist, published in 2013 that a total of 9,400 tonnes of platinum had been mined up to that date. Since then we will round number this figure to 10,000 metric tonnes or just over 321 million ounces for those keeping track. See more Most platinum ever mined is currently in use in some form or fashion. Much of annual platinum supplies come from recycled autocatalytic converters, old jewelry, coins, and … See more Two sources we will highlight here offer estimates of mixed-use platinum supplies above ground. These estimations most likely combine the highest demand sectors of platinum applications (e.g., anti-auto pollution catalytic … See more This estimated 8 million ounces of .999 fine platinum bullion above ground supply is valued at approximately USD 7.44 billion in current value based … See more In 2014, Reuters reporteda wide range of possible .999 fine platinum supply levels ranging from as small as only 4 million troy ounces to as high as 20 million troy ounces. Let us … See more
How much platinum has been mined
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WebJan 10, 2013 · According to the U.S. Geological Survey, the world mined about 192 tons of platinum in 2011, so at today's rate, it would take about 100 years to get it out of the … WebFeb 8, 2024 · The best estimates currently available suggest that around 208,874 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950. And since gold is virtually indestructible, this means that almost all of this metal is still around in one form or another.
WebAug 10, 2024 · Even though platinum is usually, but not always, more valuable than gold, much more gold has been mined than platinum. Between 50% and 60% of the world’s production of platinum and palladium is used in the automotive industry. WebSilver has been mined for thousands of years and, as such, huge amounts of this precious metal are now above ground. It is estimated that, by 2024, over 1.6 million tonnes of silver had been physically mined throughout history. All this metal would fit in a cube 55 meters on each side. Now at 1.74 million metric tons, that would be equivalent ...
WebMar 21, 2024 · About 35% of the platinum mined in 2024 was demanded by uses of platinum jewelry applications. Platinum use in Petrochemicals Platinum in a powdered form, it is often used as a catalyst in chemical reactions. It is platinum electrodes that are often used for various processes in electrochemistry. Web2 days ago · Learn about the geologic properties of platinum, as well as how much exists, how it is mined, and where to find platinum deposits on Earth. Gold 12.16. Silver $25.89 0.13. Platinum 9.19. Palladium-8.08. Show Charts . Hide Charts （800）313-3315. FREE SHIPPING ON ORDERS OF $199 OR MORE ...
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WebOf these counties, South Africa has the largest platinum resources, with over 80% of the world’s reserves. This rarity means that all of the platinum which has ever been mined would only cover your ankles in one Olympic-sized swimming pool. In comparison, many suggest that all the gold ever mined would fill three Olympic-sized pools. imagination just an illusion slowed downWebEnjoy a detailed discussion on the history of platinum mining and refining, including facts, figures, pictures and charts to help explain. Learn all about platinum as a precious metal, and the centuries long processes of mining and refining that have made it so integral to many parts of the world. imagination iwona blecharczykWebMar 1, 2024 · The global economy’s appetite for materials has quadrupled since 1970, faster than the population, which only doubled. On average, each human uses more than 13 … imagination is the only weapon quoteWebSep 9, 2024 · Here are the ten largest platinum mines by production across the world in 2024, according to GlobalData’s mining database. 1. Impala Mine. The Impala Mine is an … list of equipment in hospitalWebOct 5, 2024 · Given their rarity, it’s not surprising that gold, silver, and platinum group metals (PGMs) were the least-mined materials in this category. Collectively, these metals … imagination james baldwinWebProduction reached 16 million units last year, surpassing the United States as the world's largest auto producer. And the Chinese are going to need plenty of platinum for all those … imagination is the true sign of intelligenceWebDec 19, 2024 · Approximately 305 metric tons of platinum and palladium have been mined from the Stillwater Complex deposit since 1986. Exploration and development drilling indicate that another 2,200 metric tons are present. list of equipment in turkish army