Platinum
Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust, with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.
Platinum-iridium alloy
Typical alloy proportions are 90:10 or 70:30 (Pt:Ir). These have the chemical stability of platinum, but increased hardness. The Vickers hardness of pure platinum is 56 HV while platinum with 50% of iridium can reach over 500 HV. This improved hardness has also been considered as beneficial for use in platinum jewellery, particularly watch cases.