The Cuobuzha high-Cr chromitites in the western segment of Yarlung Zangbo Suture Zone of Tibet are mainly hosted in the harzburgites as massive type, which are characterized by high concentrations of platinum group elements (PGE) ranging from 380 to 577 ppb, and low Pd/Ir ratios (<0.1). In mid-ocean ridge basalts (MORB)-normalized spidergrams, chromites of the Cuobuzha chromitites are depleted in Al, Ga, V, Mg and Zn, and enriched in Mn and Cr, sharing similar patterns with those of ophiolitic boninites in the Bonin and Thetford Mines. Approximately 20 platinum group mineral (PGM) grains were discovered from the samples, including laurite, erlichmanite, Os-Fe alloy, cuproiridsite, and irarsite. The PGM assemblages indicate that sulfur fugacity was initially low enough to allow the precipitation of Os-Fe alloy and increased thereafter, with the fall in temperature. Primary Fe-Ni and Fe-Cr alloys, which are stable in a highly reduced environment, occur as inclusions within chromites or clinopyroxenes. Calculated results show that the parental magma has an intimate affinity with boninites. Based on our observations, a model is proposed wherein the Cuobuzha chromitites contain high-pressure and low-pressure chromites. Low-pressure chromites were formed via reaction between boninitic melts and peridotites, during which the high-pressure chromites hosting highly reduced minerals were mobilized by melts and were reallocated to podiform chromitites.