Product stored in a duty-free zone!*
Only a few hundred tons of platinum are mined annually. This precious metal is primarily important for the production of exhaust catalysts, but it is also significant for the jewelry industry.
The most important market for platinum is the automotive industry, which needs this precious metal to produce catalytic converters for car exhaust systems. It is also used as a catalyst in large-scale industrial processes, such as the production of nitric acid. A significant portion of mined platinum is processed in the jewelry industry and is also very popular as an investment.
Why could platinum be an interesting investment?
- With the growth of heavy-duty transport, demand for fuel cells is expected to increase by 28.3% annually, from 23,000 units in 2024 to 353,000 in 2035.
- The global platinum market is expected to grow at a compound annual growth rate (CAGR) of 5.1% through 2031. Tighter emissions regulations worldwide are driving demand for platinum in catalytic converters.
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*The goods are located in a customs warehouse in Germany – delivery of goods not subject to VAT in Poland in accordance with Article 22(1) of the VAT Act. The agreement is concluded from the date of payment for a period of 1 year. It is not possible to physically collect the Goods from the Free Warehouse. Mennica Skarbowa guarantees the possibility of selling the Goods at market price.