RE: Demand for Platinum -5 Jan 2020 12:22
It’s not just motor vehicles that use pgm’s
Palladium is also a major player in the electronics industry; it is used in virtually every kind of electronic device, from basic consumer products to complex military hardware. Although individual electronic components contain only a minute amount of the metal, palladium is in great demand due to the sheer volume of products made with it. According to the International Platinum Group Metals Association, in the electronics sector, most palladium is used for multi-layer ceramic (chip) capacitors (MLCC). MLCCs store energy in electronic devices such as broadcasting equipment, mobile telephones, computers, electronic lighting and high voltage circuits. Smaller amounts of palladium are used in conductive tracks in hybrid integrated circuits (HIC) and for plating connectors and lead frames.
There are many other examples of PGMs in the electronics industry. Here are a few of them:
Platinum, palladium, rhodium and iridium are used to coat electrodes, the tiny components in all electronic products which help to control the flow of electricity.
Palladium is contained in most microprocessors and printed circuit boards.
Platinum is used to make fiberglass, liquid-crystal display (LCD) glass and flat-panel displays, and cathode ray tubes. PGM equipment is used to make ceramic glass.
Glad I’m in here