Platinum is widely used each year across a number of industries. Its resistance to corrosion, together with the fact that it is malleable and highly unreactive, makes its a popular metal for use in catalytic converters in automobiles, laboratory equipment, and electrical contacts, just to name a few. With just a few hundred tonnes of platinum produced annually, and the wide number of industries seeking its use each year, platinum has become an incredibly valuable commodity in the precious metals market.
Valcambi Suisse was originally founded in 1961 as Valori & Cambi. Its current name of Valcambi Suisse came as a result of the companys 1968 acquisition by Credit Suisse. In a nod to the original company, Valori & Cambi was combined into Valcambi.