Platinum, gold and other rare metals are treasure trove
Four and a half billion years ago, after Earth’s fiery birth, the infant planet began to radically reshape itself, separating into distinct layers. Metals — mostly iron with a bit of nickel — fell toward the center to form a core. The growing core also vacuumed up other metallic elements, such as platinum, iridium and gold.
By the time the core finished forming, about 30 million years later, it had sequestered more than 98 percent of these precious elements. The outer layers of the planet — the mantle and the crust — had barely any platinum and gold left. That’s why these metals are so rare today.