Rhodium - PGM’s Cinderella 🎉POSTED ON 13 February 2020 by Alice
In all the recent furors over the relative prices of platinum and palladium, and what this means for the manufacturers of catalytic converters, the third, member of the “catalyst club” is often overlooked. Rhodium, one of the rarest metals on earth and the third PGM used as a catalyst in the automobile industry plays a prime role in reducing nitrogen oxide, a major pollutant in the exhaust gas. However, it is used in much smaller quantities than platinum and palladium - around 1 million ounces p ...
A Palladium Explosion! 💥POSTED ON 7 February 2020 by Alice
In a recent article, we spoke about the potential substitution of palladium for platinum in catalytic converters due to the rising price of the former. Well, even we have been taken aback by recent market price fluctuations… In just a few short weeks since the start of 2020, palladium’s price has rocketed by more than 22%, making it 80% more expensive year on year. Indeed, since the start of 2016, the price has risen from $450/oz to more than $2,300/oz - an increase of well over 400 ...
You will find here some articles related to the catalytic converter recycling business and the PGM market news.
- 32 Auto catalyst
- 8 Automotive industry
- 2 Europe
- 11 Platinum Group Metals
- 3 Platinum
- 4 Palladium
- 4 Rhodium
- 5 Regulations
- 2 News