Crossword Genius

Engineer locates impure, valuable substance (8,5)

Ross

I believe the answer is:

precious metal

I'm a little stuck... Click here to teach me more about this clue!

'valuable substance' is the definition.
The answer and definition can be both related to property as well as being singular nouns.
Maybe there's a link between them I don't understand?

'engineer locates impure' is the wordplay.
'engineer' is an anagram indicator.
'locates'+'impure'='locatesimpure'
'locatesimpure' anagrammed gives 'PRECIOUS METAL'.

Can you help me to learn more?

(Other definitions for precious metal that I've seen before include "no lead!" , "Eg gold, silver or platinum" , "gold, perhaps" , "Platinum, perhaps" .)

I've seen this clue in The Times.
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