Luxury & Fashion

May 1, 2016

Precious Metals – From Industry to Medicine

In the turbulent years before the Second World War, the young USSR (Union of the Soviet Socialist Republics) had as a strategic objective to increase its currency security and eliminate foreign exposure in precious metals. Thus, the Council of People's Commissars of the Communist Party of the USSR ordered to construct a refinery plant in the Siberian city of Krasnoyarsk, the Krastsvetmet factory. At that time, the country didn't have at its disposal neither the technology, nor the tools and facilities for the ancillary metals extraction, besides not having any experience in their processing.

<

The success of the plant's scientists and engineers was such that they quickly managed to develop the know-how for gold extraction from middlings, and for the processing of ruthenium, rhodium and iridium, as well as to start the production process for all kinds of platinum group metals.

By the 1960s, the highly sophisticated manufacturing process was at its full swing: the semiconductor and mono-crystalline and polycrystalline silicon production was added to the metal processing lines, and in 1965, a research and experimental refining workshop had been established.

In the 1990s, the production of the plant was enriched by a separate manufacturing line that dealt with the production of platinum, gold and silver jewellery. The success of the line was recognized by a diploma "for ingenious use of native gold nuggets", at the Moscow International Exhibition of Jewellery, which inspired the opening of the company's jewellery store "Golden Chain".

Nowadays, Krastsvetmet's priority is to follow the development strategy ensuring not only expansion into the existing precious metals markets, but also the development of new markets. With this purpose, a number of new fields of activity were implemented in the beginning of the 21st century, such as: the production of precious metals chemical compounds for use in various types of catalysis; platinum-rhodium alloy catalyst systems production; the production of fine metal alloy wire, and later, platinum and platinum-rhodium alloy wire production for thermoelectric temperature transducers, and many others.

In 2003 Krastsvetmet was appointed to conduct the standardization procedures, fulfilling the functions of the Interstate Technical Committee for Standardization — ITC 102 "Platinum Group Metals".

Nowadays the production line of Krastsvetmet is quite large, producing refined precious metals in measured bullions, granules, and powders, of gold, silver, platinum, palladium for sectors such as industry, medicine, chemical industry and jewellery. The plant is involved in the industrial production of 42 precious metal compounds, including 20 compounds for catalysis, which are applied in the automotive exhaust converter production, catalysts for chemical and petrochemical industries, chemical compound synthesis, electroplating, resistor manufacture, anti-tumour medicine production and more.

Since Krastsvetmet is the exporter of its own precious metal compounds to many European countries, as well as the United States of America (USA), all the production corresponds both to Russian and to international standards. The plant follows the latest trends both in the scientific area and in the markets of precious metals, thus always meeting the requirements of its clients and customers.

More Articles

FeaturedArticles

  • 6120ee_380c3a7c8b5b4d3db31ca50125ff7f7b~mv2_d_4657_3264_s_4_2.jpg_srz_1081_758_85_22_0.50_1.20_0.00_jpg_srz

    Sport

    Mar 1, 2017

    WHEELCHAIR RUGBY - NEVER GIVE UP

    One could imagine rugby is too much of a physical game, for disabled people to practice. Well, it's the same for kids, and they love it. Disabled people are not flowers and, with the right posture facing life, they can be perfectly...

  • cowrok

    Business & Industry

    Sep 19, 2018

    COWORK

    "During the last 20 years, the work paradigm has suffered enormous and radical changes, as result of multiple structural, economic, technological and social phenomena. And so, today, our relation with our work is nothing like...

  • 2_10_17acapulco3

    Luxury & Fashion

    Apr 1, 2017

    ADIDAS ACAPULCO - WALK THIS WAY

    Who remembers Run DMC? What about Stan Smith? And who does not know Adidas? What do the famous brand of the three tracks and the aforementioned names have in common? The glorious 80's. 


  • Depositphotos_28058841_xl-2015

    Business & Industry

    May 1, 2017

    THE PATH FOR SUCCESS

    In the 21st century and considering all scientific and technological advance occurring almost at a daily rhythm, becomes vital a regular update of knowledge, procedure and techniques involved in the fundamental function of playing...

  • dsc92181550c253

    Luxury & Fashion

    Mar 1, 2017

    CRYPTOMY - MALEABLE, LIGHT AND AROMATIC

    From the Prime Minister of Bermuda to the president of IBM Portugal, were some of the personalities who ordered a suitcase at least innovative and unusual, to offer the wife and/or friends. It is a suitcase made of cryptomeria wood....

  • parrilla

    Food & Beverage

    Mar 1, 2017

    URUGUAYAN GASTRONOMY - A DELICIOUS SURPRISE

    Seen many times as an unbalanced continent, South America still keeps away many almost unexplored small wonders. It is the case of the second smaller country of this continent, Uruguay. It is one of the most developed countries of...


  • Applying

    Science & Nature

    Jan 1, 2015

    Perfect Skin

    Teoxane Laboratories announce the launch of the first worldwide motorized and cordless device for hyaluronic acid injections: the Teosyal Pen. 

  • Dubai Chamber of Commerce

    Business & Industry

    Oct 1, 2015

    Chambers of Commerce: Businesses United

    Chambers of Commerce have been around since the end of the 16th century, when the first of its kind started operations in Marseilles, France. Afterwords, the establishment of new Chambers of Commerce around the world helped merchants...

  • Venice - The art and tradition

    Lifestyle & Travel

    Jan 31, 2016

    Venice - The art and tradition

    Icon of the Carnival of Venice, the venetian mask explores the glamour of the festival that is one of the main symbols and tourist attraction in Italy. With a secular history, the Venice Carnival attracts, every year, thousands of tourists...