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    India Discovers New Platinum Reserves

    Written by Investing News Network
    |
    Apr. 19, 2012 03:25PM PST

    Mining Weekly reported the Geological Survey of India (GSI) has discovered platinum group elements and chromite reserves in Orissa.

    Mining Weekly reported the Geological Survey of India (GSI) has discovered platinum group elements and chromite reserves in Orissa.

    As quoted in the market news:

    The platinum group elements comprise six silver-white metals including platinum, palladium, iridium, rhodium, osmium and ruthenium, which are rare in value and volumes. These elements have extensive applications and demand in jewellery, pharmaceuticals, telecommunications and fuel cell technology.

    Click here to read the full Mining Weekly report.

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