Nexant examines algae production as sustainable source for biofuels

• Book ID: 104388519
• Publisher: Elsevier Science
• Year: 2010
• Weight: 62 KB
• Volume: 2010
• Category: Article
• ISSN: 1351-4180
• DOI: 10.1016/s1351-4180(10)70004-0

✦ Synopsis

Platinum market to slide into deficit in 2010

BNP Paribas expects the platinum market to slide into deficit of 410,000 ounces in 2010, after an estimated surplus of 155,000 ounces in 2009. Sales of platinum for use in automotive catalysts are expected to increase 21% to 3 M ounces. This would still be noticeably down on the 4.14 M ounces of 2007. Use in jewellery production rose from 1.35 M ounces in 2008 to 2.45 M ounces in 2009. Output will be 7 M ounces in 2010