ANNUAL REPORT 2001 - Anglo Platinum

Platinum Market Review (continued)INDUSTRIALsector, the call for improved energymobile phones will make a significantOTHER APPLICATIONSMAJOR APPLICATIONSOF PLATINUM IN THEGLASS MARKETSECTORTV sets and computermonitorsLiquid crystal displays(LCDs) for electronicequipmentsecurity following the 2001 terroristattacks has boosted the development offuel cells for residential use. The CaliforniaPower Administration will install severalMegaWatts of fuel cell power starting thisyear. Portable fuel cell applications forpowering laptop computers andWORLD DEMAND FOR PLATINUM IN“OTHER APPLICATIONS”%Oxygen sensors 18Spark plugs 20Anti-cancer drugs 4Catheters and pacemakers 15Dental 16Pollution control 7Turbine blades 11Other 9contribution to the growth in demandin the second half of this decade.GLASSDespite the fall in sales of personalcomputers in 2001, growth in othermarkets for LCD glass, such as digitalcameras and mobile phones, led to a risein production capacity of speciality glassand hence platinum consumption.This, together with higher requirementsfor fibreglass plants in the East, resulted ina 14% rise in platinum demand for glassmanufacture in 2001.PETROLEUMThe construction of new petroleumrefining capacity in the Middle EastIncreasingly severeemissions legislation in themajor markets boosted demandfor platinum in non-catalystautomotive applications in 2001.More stringent engine and emission controlrequirements have promoted the need foroxygen sensors containing platinum, whileimprovements in combustion and durabilityare aided by the use of platinum rather thancheaper alloys in sparkplugs. Dental demandfor platinum grew in 2001 with the switchfrom palladium to gold alloys, some ofwhich contained platinum. Other smallerapplications, such as biomedical andstationary pollution control,continue to grow inimportance.Glass fibre productionTotal 100resulted in an estimated 24% increase inplatinum for this application to 130 000ounces in 2001, despite stable demands inNorth America and Europe.30