Ch. 3: Platinum

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METALLIC MINERALS
59
The mine price of the ore in 1940 was 100 milreis per metric ton.
The price per metric ton of a shipment of ferro-nickel of 88,979 kilo­grams in 1940 was 2,763 milreis the destination being Germany.
The principal nickel semi-manufactures imported are cubes and sheets, the average during the 1920-9 decade having been 11,030 kilograms annually while that during the five year period from 1930 to 1934 averaged 29,980 ki­lograms. The annual overseas purchases during the 1935-9 quinquennium which averaged 101,150 kilograms were the largest to date, the importation of 1938 being 156,625 kilograms, more than any single annual purchase in the last twenty odd years. In 1940, imports totalled 63,218 kilos, the principal sources being the United States and Great Britain.
The imports of nickel manufactures show the following changes: i920-9 average — 6,910 kilograms, 1930-4 average — 1,040 kilograms and 1935-9 average — 9,280 kilograms. As compared to 1939 in which the imports totalled 31,370 kilograms, that of 1940 amounted to but 7,916 kilograms, a decrease of 75%. In 1940, the chief sources were the United States and England.
19. PLATINUM
A larger part of the platinum consumed is absorbed by the jeweiry industry, its alloy with iridium being used extensively in rings and other types of jewelry. The second in importance is the chemical industry where it is used as a catalyst, vessel linings, hydrogenation of organic compounds, rayon spin­nerets and laboratory equipment. The dental industry also uses considerable quantities in orthodontic work, in bridges and in bracings. The uses in the electrical field are largely in the field of contact points, resistances, voltage reg­ulators and meters. In Brazil, a considerable portion is used in dental work and jewelry, the industrial uses being of an indefinite nature.
The rapid extension of uses for this metal have so increased con­sumption that despite the larger recovery of platinum from refining processes of nickel, copper and gold (17% in 1929 and 57% in 1938) production has not been a,ble to create huge surplus stocks.
The discovery of platinum dates back to the beginning of the last Cen­tury. In 1801, the occurrence of this metal in the auriferous zone of the state of Minas Gerais was a known fact.
Platinum is found associated with gold and diamonds or isolated in the alluvium of the Abaete River and in the ravines of the eastern flanks of the Serra do Espinhaco which commences at Morro do Pilar and goes on to Itambe do Serro in the state of Minas Gerais; in the auriterous ores of Itabira and Congo Soco and in the volcanic cones in Coromandel and Carmo do Parnaiba in the same state.
In the eastern Espinhaco region, platinum is found in the gravels of the Picao Ravine, the Lages Ravine, the Bomsucccsso Ravine and in Ribeirao das Pedras in the form of sheets, or in lumps the size of a bunch of grapes. The density of the platinum grains of the Lages Ravine varies from 18 to 20.5 and
Ch. 2: Silver Page of 37 Ch. 3: Platinum
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