New Research Threatens Platinum
February 9, 2009 by PreciousMetalInvestment.com
Filed under Platinum Group Metals
Platinum’s woes continue as new research threatens to undermine its pre-eminence as a catalyst in fuel cells.
A potential breakthrough in the use of carbon nanotubes laced with nitrogen to replace the costly metal with this much cheaper technology will, if successful, lead to further downside pressure on demand.
Already suffering from a sharp drop in demand as the global auto industry continues to contract, platinum and its producers are not looking a promising investment at this time. Read more



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