Pt

Element 78 · Transition Metal

Platinum

WE BUY THIS METAL

Platinum — denser than gold, rarer than gold, and the workhorse of catalytic conversion technology.

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Element Facts

SYMBOL

Pt

ATOMIC NO.

78

ATOMIC WEIGHT

195.08

CATEGORY

Transition Metal

PERIOD

Period 6

GROUP

Group 10

Overview

Platinum is element 78, a dense (21.45 g/cm³), unreactive, silvery-white transition metal. Pre-Columbian South American civilisations worked platinum centuries before Europeans recognised it as a distinct metal. Today, the largest single use of platinum is automotive catalytic converters, where it catalyses the oxidation of unburned hydrocarbons in petrol exhaust. Platinum is also irreplaceable in fuel cell electrodes, making it strategically important for the hydrogen economy. South Africa produces over 70% of global platinum. The LBMA platinum market price has been more stable than palladium or rhodium through 2021–2026.

Our Scrap Grades for This Metal

We buy platinum through catalytic converters, which contain valuable platinum group metals (PGMs) on their ceramic substrates.

Catalytic Converters — priced per unit by precious metal content →
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