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THE USES OF PLATINUM
An Environmental Metal
Article # : platinum158
An Environmental Metal
Over one-third of all platinum supplied to the international markets each year is used in catalytic converters to control harmful automobile emissions.
Higher North American, European, and Asian automobile emission standards continue to add pressure to auto manufacturers to increase the use of platinum in catalytic converters and devices like oxygen sensors.
Platinum catalysts are a core component for fuel cells, a power generation technology that combines oxygen and hydrogen to form water and electricity. Fuel cells are poised to become the environmentally friendly power generation source of choice in the next century, and a key source of future platinum demand.
Source: Platinum Guild