From Russia with Volatility. War, Sanctions and Precious Metal Sputtering Targets.

Russia produces about 9% of the gold, 5% of the silver, 10% of the platinum and 40% of the palladium mined worldwide.

The war between Russia and Ukraine has been confined to a small region of Europe, but its effects are being seen around the world.

Sanctions by the European Union and United States on Russian resources such as wheat, nickel, aluminum and oil have resulted in dramatic price spikes. Precious metals have also seen increases.

Russia produces approximately 9% of the gold mined worldwide, 5% of the silver, 10% of the platinum and 40% of the palladium. At the start of the war, palladium, which is used in automotive engine exhausts to reduce emissions, surged to over $3400/oz from $1,900 at the beginning of the year.

With peace talks between Russia and Ukraine at a standstill, anxious investors have renewed interest in assets such as gold, silver, platinum and palladium and prices of these metals have moved based on developments in the war.

If your manufacturing processes rely on precious metal sputtering targets, navigating this uncertainty can be a challenge. The people of DHF Technical Products have over a century of experience in designing, manufacturing and recycling precious metal sputtering targets. Our focus has been solely on precious metals since our founding.

Now, more than ever, it’s important to have a strategy to guide you through volatile precious metal markets. Whether you’re looking for innovative target designs or state-of-the-art spent target recycling, the precious metal sputtering target experts at DHF Technical Products are standing by with solutions.