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Global platinum recycling is expected to reach 2.11 million ounces this year, a 3% year-on-year increase.
Release time:
25 May,2015
Foreign media reported on May 18 that the World Platinum Investment Council expects global platinum recycling to reach 2.11 million ounces this year, a 3% year-on-year increase, similar to the increase in 2014.
Foreign media reported on May 18 that the World Platinum Investment Council (WPIC) expects global platinum recycling to reach 2.11 million ounces this year, a 3% year-on-year increase, similar to the increase in 2014.
According to WPIC, platinum jewelry recycling is expected to decline by 6% to 725,000 ounces due to low prices.
However, platinum recovery from automotive catalysts is expected to increase by 10% to 1.38 million ounces, slightly lower than last year's 12% increase.
It is said that most platinum recycling will come from Europe.
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