Platinum Placer Nuggets
Naturally occurring platinum nuggets extracted from alluvial deposits in the Ural Mountains or Alaska, minimally processed by washing. These raw grains/nuggets fall under HTS 7110.11.00.10 as unwrought platinum metal for refiners. Contain minor PGM impurities but classified by predominant platinum.
Import Duty Rates by Country of Origin
Alternative Classifications
This product could be classified differently depending on its characteristics or intended use.
If unrefined ore with >2% gangue
Chapter 26 for crude platinum ores; concentration to >98% metal shifts to Chapter 71 unwrought.
If high iridium/osmium content predominates
Note 3 and 2(b) classify by weight-dominant PGM; Ural nuggets often iridium-rich.
If mechanically powdered during processing
Sieve test determines powder vs grain; placer fines may meet criteria.
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Import Tips & Compliance
• Submit mining origin docs; Russian placers common—check sanctions compliance
• Assay multiple samples; variable purity (90-98%) requires average declaration
• Avoid 'ore' labeling; refined nuggets >2% platinum qualify as unwrought metal
Related Products under HTS 7110.11.00.10
Platinum Investment Nuggets
Small, irregular nuggets of pure platinum metal, typically weighing between 1/10 oz and 1 oz, used primarily by investors for bullion purchases. These qualify under HTS 7110.11.00.10 as 'grain and nuggets of the metal platinum' because they are unwrought forms, not processed into bars, sheets, or other semimanufactured shapes. Purity is usually 99.95% or higher, certified by refiners like Johnson Matthey.
Platinum Grain for Jewelry Casting
Granular platinum grains (1-3mm irregular shapes) melted down by jewelers for custom casting of rings and settings. Classified in HTS 7110.11.00.10 as unwrought grains of platinum metal, distinct from powder due to larger particle size not meeting the 0.5mm sieve threshold. Sourced from refineries, hallmarked with serial numbers for traceability.
1 Gram Platinum Nugget Specimen
A single 1-gram natural-shaped platinum nugget sold to collectors and investors as a specimen of native platinum. Falls under HTS 7110.11.00.10 for unwrought grain/nuggets, unwrought meaning not manufactured into standard shapes like bars. Often encased in plastic for display, with purity stamped at 99.95%.
Recycled Platinum Melt Nuggets
Nuggets produced by remelting jewelry scrap and dental alloy into unwrought form for redistribution to fabricators. HTS 7110.11.00.10 applies to these pure platinum grains, treated identically to primary metal per tariff rules. Certified recycled content appeals to ESG-focused buyers.
Platinum Sponge Nuggets
Porous nuggets formed from platinum sponge, a intermediate refining product consolidated into larger unwrought lumps for remelting. HTS 7110.11.00.10 covers these as grains/nuggets of platinum metal, provided not further processed into powder or sheet. Used in chemical catalysis and electronics manufacturing.
10 Ounce Platinum Nugget
Large 10 troy ounce irregular platinum nugget marketed to high-net-worth investors and central banks as store of value. Pure unwrought platinum qualifies for HTS 7110.11.00.10 as nuggets, assayed and serialized by mints like PAMP Suisse. Larger size distinguishes from standard cast bars.