Metals; platinum, unwrought or in powder form

HS v2017 Code: 711011

About metals; platinum, unwrought or in powder form

HS code 711011 covers the trade of platinum, a rare and precious metal that plays a crucial role in various industries. Platinum is highly valued for its unique physical and chemical properties, including its exceptional resistance to corrosion, high melting point, and catalytic capabilities. This metal is indispensable in the production of automotive catalytic converters, jewelry, and a wide range of industrial applications, making it an essential component of the global economy.

Production process

Platinum is primarily extracted from platinum group metal (PGM) ores through a complex refining process. The ore is first mined, crushed, and concentrated to separate the PGM-containing minerals. These minerals are then subjected to smelting, where the platinum is extracted and further refined through a series of chemical and electrochemical processes to produce pure, unwrought platinum or platinum powder.

Production inputs

The production of platinum requires several key inputs, including PGM-containing ores, which are typically found in South Africa, Russia, and North America. Additionally, the refining process relies on specialized equipment, such as smelters, electrolytic cells, and chemical reactors. Skilled labor, energy, and a range of chemicals and reagents are also essential for the efficient extraction and purification of platinum.

Production outputs

The primary outputs of HS code 711011 are unwrought platinum and platinum powder, which are then used as inputs for a variety of downstream industries. These include the 870323 motor vehicle, 851140 electrical machinery, and 711319 jewelry sectors, among others. The high-purity platinum produced under this code is a critical component in the manufacture of catalytic converters, fuel cells, and various industrial and laboratory equipment.

Revisions to 711011

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 711011. The most recent 1 version of this code (711011) is in the HS v2022 system:

This page shows a legacy version of code 711011 ( HS v2017).

Newer versions

Family tree for metals; platinum, unwrought 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>"]
B --> C["<a href='/classifications/hs/v2017/711011'>711011: Metals; platinum, unwrought or in powder form</a>"]

    B --> D["<a href='/classifications/hs/v2017/711019'>711019: Metals; platinum, semi-manufactured</a>"]
B --> E["<a href='/classifications/hs/v2017/711021'>711021: Metals; palladium, unwrought or in powder form</a>"]
B --> F["<a href='/classifications/hs/v2017/711029'>711029: Metals; palladium, semi-manufactured</a>"]
B --> G["<a href='/classifications/hs/v2017/711031'>711031: Metals; rhodium, unwrought or in powder form</a>"]
B --> H["<a href='/classifications/hs/v2017/711039'>711039: Metals; rhodium, semi-manufactured</a>"]
B --> I["<a href='/classifications/hs/v2017/711041'>711041: Metals; iridium, osmium, ruthenium, unwrought or in powder form</a>"]
B --> J["<a href='/classifications/hs/v2017/711049'>711049: Metals; iridium, osmium, ruthenium, semi-manufactured</a>"]

    

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    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
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class B level4
class C level6
class D level6
class E level6
class F level6
class G level6
class H level6
class I level6
class J level6

  class C 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 C highlight