The Platinum Group Metals (PGMs) are a set of six closely related metallic elements that share similar physical and chemical properties. These elements are platinum (Pt), palladium (Pd), rhodium (Rh), ruthenium (Ru), iridium (Ir), and osmium (Os). Found in the same ore deposits and having unique characteristics, they are highly valued for their rarity, corrosion resistance, catalytic abilities, and durability.
Collectively, PGMs are used in a wide range of industries, from automotive and electronics to jewelry and medicine. Their resistance to corrosion and oxidation, as well as their catalytic properties, make them indispensable in reducing emissions, manufacturing complex electronics, and creating high-durability products. The scarcity of these metals makes them highly valuable, and they are often considered important for global technological advancement and sustainability.