Tanaka First To 3D Print Platinum

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Tokyo-based Tanaka Holding announced on November 18 that, through Tanaka Kikinzoku Kogyo, they have become the world’s first company to succeed in the development and formation of platinum-based metallic glass powder for use with Selective Laser Sintering (SLS) 3D Printers.

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The discovery has the potential to revolutionize the materials used during the SLS process. The company also succeeded in developing platinum group metallic powder using nickel-based alloys with platinum and iridium additives, and even manufactured objects using these powders as a proof of concept.

With a 2.0% increase on Friday, November 21, Chinese platinum bar was the biggest mover on the Global Precious Metals MMI®. The price of Japanese platinum bar declined 0.1% to JPY 4,524 ($38.26) per gram, after two days of improvement. The price of US platinum bar remained steady at $1,204 per ounce.

At JPY 2,885 ($24.40), the price of Japanese palladium bar finished the market day up 0.9% per gram. The price of US palladium bar increased 0.8% to $767.00 per ounce. Chinese palladium bar gained 0.6% to finish at CNY 169.00 ($27.60) per gram.

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US gold bullion prices rose 1.0% to $1,195 per ounce. Chinese gold bullion finished the day up 0.9% to CNY 235.15 ($38.41) per gram. At INR 26,946 ($435.22), the price of Indian gold bullion finished the market day up 0.6% per 10 grams. Japanese gold bullion saw its price rise 0.1% to JPY 4,507 ($38.11) per gram.

The price of Indian silver changed direction with a 0.9% drop. After two days of improving prices, the metal finished at INR 36,869 ($595.49) per kilogram. After a 0.4% increase, Chinese silver finished the day at CNY 3,480 ($568.43) per kilogram. Weakening prices followed two days of improvement as the price of US silver dropped 0.3% to $16.25 per ounce. Japanese silver prices inched up 0.2% to JPY 607.00 ($5.13) per 10 grams.

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