Platinum Group Metals (PGMs)

Platinum Group Metals (PGMs) are a cluster of six precious metals—platinum, palladium, rhodium, ruthenium, iridium, and osmium—known for their rarity, durability, and excellent catalytic properties. Found mainly in the Earth's crust, they are essential in many industries, including automotive catalytic converters, jewelry, electronics, and chemical processing. Due to their resistance to corrosion and high melting points, PGMs enable cleaner emissions and high-performance applications. Their scarcity and specialized uses make them valuable, with prices that can fluctuate based on supply, demand, and geopolitical factors.