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Statements about ruthenium in precious metals

25 May,2015

Ruthenium, a platinum group metal, seems to be a forgotten corner of the precious metals market. There is little description or evaluation of it, and the market is extremely sluggish, especially recently. Interest in ruthenium is relatively low compared to other platinum group metals. However, the author believes that ruthenium will not be forgotten.
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Global platinum recycling is expected to reach 2.11 million ounces this year, a 3% year-on-year increase.

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.
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Scrap cars transforming into "urban mines" still needs to accelerate

22 May,2015

In recent years, with the expansion of the automobile consumer market, the number of civilian vehicles nationwide has been increasing year by year, and the number of scrapped vehicles in China has also been increasing year by year. However, deep mining of "urban mines" still faces many practical difficulties.
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The peak of scrapping is approaching, and the market size of the dismantling industry may reach 450 billion yuan

22 May,2015

China has a large number of vehicles, and the peak period for scrapping vehicles is approaching. In 2014, the number of vehicles in China exceeded 154 million. From the perspective of vehicle sales, the Chinese auto industry entered a period of explosive demand growth after 2000, and new vehicle sales grew rapidly. The scrapping period for vehicles is usually 10 to 15 years, and China will enter the peak period for vehicle scrapping after 2015.
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