Platinum Group Metals (PGMs) Message Board

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Gold/Mining/Energy : Platinum Group Metals (PGMs)

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To: Bob Howarth who wrote (137)	10/4/1999 1:25:00 PM
From: Ptaskmaster	Read Replies (1) of 529

US DLA SOLD PLATINUM, IRIDIUM AT $2.5 MILLION VALUE IN SEP Washington--Oct 1--The US Defense Logistics Agency said today it sold in September 5,972.911 ounces of platinum and 800,000 ounces of iridium at a market value of $2.5 million. The companies awarded the material were Crystal Bay Trading, Heraeus Precious Metals Management Inc., Johnson Matthey Inc. and Mitsubishi International Corp. (Story .20468) crbindex.com _____________ No Palladium sales mentioned for weeks now. Notable amount of Iridium. Don't recollect seeing Johnson Matthey listed often as a buyer. Apparently the successful bidders bought the Platinum and got the Iridium for free. Ptask

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