Platinum; unwrought or in semi-manufactured forms, or in powder form

HS v2017 Code: 7110

About platinum; unwrought or in semi-manufactured forms, or in powder form

HS code 7110 covers platinum, a rare and precious metal that plays a vital role in various industries. Platinum is highly valued for its unique physical and chemical properties, including its exceptional durability, corrosion resistance, and catalytic capabilities. This metal is essential in the production of a wide range of products, from automotive catalytic converters to jewelry and investment assets, making it a crucial component of the global economy.

Production process

The production of platinum involves several key steps. First, platinum-containing ores are mined and extracted from the earth's crust. These ores are then processed through a series of refining and purification techniques, such as smelting, chemical separation, and electrolysis, to isolate the pure platinum metal. The refined platinum can then be cast into ingots, bars, or other semi-manufactured forms, or it can be transformed into a fine powder for specialized applications.

Production inputs

The primary inputs required for the platinum industry include platinum-bearing ores, which are typically found in regions with significant geological deposits, such as South Africa, Russia, and North America. Additionally, the industry relies on specialized equipment and machinery for mining, refining, and processing the raw materials. Energy sources, such as electricity and fuel, are also essential for the various production stages.

Production outputs

The primary outputs of the platinum industry are the refined and semi-manufactured forms of the metal, including ingots, bars, sheets, and powder. These platinum products are then consumed by a wide range of industries, including 8708 Motor vehicles, 7113 Articles of jewelry and parts thereof, 8415 Air conditioning machines, and the 2844 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof sector. Platinum's unique properties make it a critical component in many high-tech and industrial applications.

Family tree for platinum; unwrought or in semi-manufactured forms, or in powder form

    graph LR
    A["<a href='/classifications/hs/v2017/71'>71: Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin</a>"]
A --> B["<a href='/classifications/hs/v2017/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"]

    A --> C["<a href='/classifications/hs/v2017/7101'>7101: Pearls; natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for the convenience of transport</a>"]
A --> D["<a href='/classifications/hs/v2017/7102'>7102: Diamonds, whether or not worked, but not mounted or set</a>"]
A --> E["<a href='/classifications/hs/v2017/7103'>7103: Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport</a>"]
A --> F["<a href='/classifications/hs/v2017/7104'>7104: Synthetic, reconstructed precious, semi-precious stone worked, graded or not, not strung or mounted, set; ungraded synthetic, reconstructed precious, semi-precious stones, temporarily strung for transport</a>"]
A --> G["<a href='/classifications/hs/v2017/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"]
A --> H["<a href='/classifications/hs/v2017/7106'>7106: Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> I["<a href='/classifications/hs/v2017/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"]
A --> J["<a href='/classifications/hs/v2017/7108'>7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> K["<a href='/classifications/hs/v2017/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"]
A --> L["<a href='/classifications/hs/v2017/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"]
A --> M["<a href='/classifications/hs/v2017/7112'>7112: Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal</a>"]
A --> N["<a href='/classifications/hs/v2017/7113'>7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> O["<a href='/classifications/hs/v2017/7114'>7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> P["<a href='/classifications/hs/v2017/7115'>7115: Articles of precious metal or of metal clad with precious metal</a>"]
A --> Q["<a href='/classifications/hs/v2017/7116'>7116: Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)</a>"]
A --> R["<a href='/classifications/hs/v2017/7117'>7117: Imitation jewellery</a>"]
A --> S["<a href='/classifications/hs/v2017/7118'>7118: Coin</a>"]

    B --> T["<a href='/classifications/hs/v2017/711011'>711011: Metals; platinum, unwrought or in powder form</a>"]
B --> U["<a href='/classifications/hs/v2017/711019'>711019: Metals; platinum, semi-manufactured</a>"]
B --> V["<a href='/classifications/hs/v2017/711021'>711021: Metals; palladium, unwrought or in powder form</a>"]
B --> W["<a href='/classifications/hs/v2017/711029'>711029: Metals; palladium, semi-manufactured</a>"]
B --> X["<a href='/classifications/hs/v2017/711031'>711031: Metals; rhodium, unwrought or in powder form</a>"]
B --> Y["<a href='/classifications/hs/v2017/711039'>711039: Metals; rhodium, semi-manufactured</a>"]
B --> Z["<a href='/classifications/hs/v2017/711041'>711041: Metals; iridium, osmium, ruthenium, unwrought or in powder form</a>"]
B --> BA["<a href='/classifications/hs/v2017/711049'>711049: Metals; iridium, osmium, ruthenium, semi-manufactured</a>"]


    %% Color coordination by level

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    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level2
class B level4
class C level4
class D level4
class E level4
class F level4
class G level4
class H level4
class I level4
class J level4
class K level4
class L level4
class M level4
class N level4
class O level4
class P level4
class Q level4
class R level4
class S level4
class T level6
class U level6
class V level6
class W level6
class X level6
class Y level6
class Z level6
class BA level6

  class B highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class B highlight