Platinum is a chemical element with the chemical symbol Pt and an atomic number of 78. Its name is derived from the Spanish term platina del Pinto, which is literally translated into "little silver of the Pinto River." It is a dense, malleable, ductile, precious, grey-white transition metal. Even though it has six naturally occurring isotopes, platinum is one of the rarest elements in the Earth's crust and has an average abundance of approximately 0.005 mg/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.