RESERVES of platinum have been found for the first time in India at
Baula-Nuashahi in Orissa by the Geological Survey of India (gsi).
The concentration of platinum found in the region is believed to be at par with
the world's leading platinum mines in South Africa, Russia, usa and Zimbabwe.
The combined reserve of platinum, palladium and gold has around six
million tonnes of platinum at concentrations of 2 milligrammes per tonne
and a total of 14.20 million tonnes if
the lower concentrations are included. India imported 1,400 kg of the metal
According to S K Acharya, director-general, gsi, this is the first
instance in South or Southeast Asia that gold has been found along with the
platinum group of metals. Known as a strategic metal, platinum is used in a
wide range of applications and processes, including photography,
the manufacture of computer memory devices and lasers.
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