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Write a New Chapter for a Fair, Green, Efficient, and Inclusive Precious Metals Industry – The 2025 China Precious Metals Industry Work Conference Concludes successfully

Notice on Convening the 2025 China Precious Metals Industry Work Conference

In 2025, China's precious metals industry still faces challenges such as overcapacity, a single profit model for enterprises, continuously decreasing industrial demand, and tax-related environmental issues. To promote industrial upgrading, boost downstream demand, and foster the sustainable and healthy development of the industry, thereby reshaping the driving forces of industry development and deploying work arrangements for the second half of the year, China Precious Metals Industry Committee (CPMIC) will hold the "2025 China Precious Metals Industry Work Conference".

CPMIC's First Palladium Global Science Award Opens for Applications

In this technology-driven era, precious metals, as an important component of new materials science, are leading a new wave of global technological innovation. China Precious Metals Industry Committee is hosting the " International Scientific Competition — Palladium Global Science Award" (official website: www.palladiumaward.com), aimed at gathering wisdom and strength from the global higher education sector to explore innovative applications of palladium in catalysis, new energy, electronic information, environmental protection, and healthcare.

Analysis of Platinum Demand in Shenzhen and the Supply and Demand of Platinum, Palladium, and Gold in China

On May 8, 2025, a seminar titled "Platinum and Palladium Market Insights: Futures Empowering a New Chapter—In-depth Analysis of the Precious Metals Market and Futures Applications" was successfully held in Shenzhen. The seminar was jointly hosted by the China Precious Metals Industry Committee (CPMIC) and Guotai Junan Futures Shenzhen Branch.

China's Recycling Industry Development Report (2025) Releases

On April 14, 2025, the "Green Consumption and Recycling Industry Development Theme Event" co-organized by the Circulation Industry Promotion Center of the Ministry of Commerce and the Department of Commerce of Hainan was grandly held in Haikou, Hainan. The event brought together government departments, industry associations, leading enterprises and experts and scholars to jointly explore the path of high-quality development of the recycling industry through policy interpretation, report release and industry dialogue.

Important Statement

Important Statement from the Precious Metals Working Committee of the China Resource Recycling Association

Applications for the Palladium Global Science Award are now Open

The first annual Palladium Global Science Award competition is now live, with a total prize fund of $350,000. Scientists, startups and research groups involved in the study, analysis and development of new applications for palladium have to submit their entries until 31 July 2025. The China Precious Metals Industry Committee (CPMIC) is the main partner of the competition.

The basalt fiber industry may drive growth in platinum consumption

On March 25, 2025, Alar City, Xinjiang held a high-quality development conference on basalt fiber industry, with nearly 500 representatives from government, industry, academia, and research reaching a consensus on the path of industrial upgrading. The meeting pointed out that the breakthrough in platinum-rhodium alloy leak plate technology (withstanding temperatures of 1600℃ and increasing the yield by over 30%) and the application of the new generation of 8000-hole large leak plates (increasing the platinum consumption per line to over 10 kg) have become the core of improving quality and efficiency. The China Association of Materials Recycling will reduce the annual platinum loss cost through full-chain services. The explosive demand for basalt fiber in emerging fields such as new energy vehicle battery casings and deep-sea corrosion protection may make platinum group metals a new growth point for industrial applications. The Alar base is building a full industrial chain collaborative system of "ore selection-melting and drawing-deep processing", accelerating the transformation of scientific research achievements, promoting green upgrading and cost reduction and efficiency increase through technological innovation, and contributing to the national dual-carbon goals and the construction of a new type of industrialization.

Shanghai Hosts International Symposium on Permeable Panel Material Innovation

On March 6, 2025, the "Symposium on Permeable Panel Material Innovation" sponsored by the China Precious Metals Industry Committee (CPMIC) of the China Recycling Resources Association was held in Shanghai. Representatives from the precious metals, fiberglass, and composite materials industries, as well as major fiberglass and leaky plate manufacturers, engaged in in-depth exchanges on cutting-edge technologies, industry trends, and application practices in the field of fiberglass leaky plate material innovation.

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