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Precious Metals Production in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Precious Metals Production Market Research Report | SIC C24.410 | Mar 2016

A silver lining: The industry is anticipated to shine up over the next five years

The Precious Metals Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Baird & Co Ltd Baird & Co Ltd market share
Johnson Matthey Plc Johnson Matthey Plc market share
The Royal Mint Ltd The Royal Mint Ltd market share
Industry Statistics & Market Size
Revenue
£682m
Annual Growth 11-16
-1.0%
Annual Growth 16-21
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Profit
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Employment
651
Businesses
52
Industry Analysis & Industry Trends

Since there are currently no commercial precious metal mines in the United Kingdom, operators in the Precious Metals Production industry recycle gold, silver and platinum group metals from a range of materials. Platinum group metals sales are heavily influenced by the automotive industry as the commodity is used to manufacture catalytic converters, which help to clean exhaust gases. In general, platinum is used in the catalysts for diesel vehicles and palladium for petrol vehicles. Gold and silver are both used to make jewellery and have a variety of industrial uses, but they are also popular with investors, who consider them a safe haven for their money when returns elsewhere are uncertain... purchase to read more

Industry Report - Industry Locations Chapter

Operators in the Precious Metals production industry are mainly found in London and the West Midlands and no other region has more than 10% of industry establishments.

London

London has the highest proportion of industry establishments. During 2015-16, it is estimated that 33.6% of industry establishments will be located here. London has long been a focus of both domestic and global trade in precious metals, so melt shops and other refining facilities were established there to be close to the physical market of precious metals. Some of those facilities, including those owned by Baird & Co and Johnson Matthey, still operate in central location... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Precious Metals Production Industry?

Firms in this industry refine precious metals like gold, silver and platinum. They also produce precious metal alloys and offer plating services.

Industry Products
Refined gold and gold alloysRefined silver and silver alloysRefined platinum group metals and associated alloys
 
Industry Activities
Refining precious metals Recycling precious metalRolling or plating base metal with precious metalProducing precious metal alloys


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