Rhodium's primary use is in catalytic converters of automobiles, where it reduces the amount of nitrogen oxides (NOx) exhaust gases emitted into the atmosphere. While rhodium is superior at what it does and loadings of the metal will always be present in auto-catalysts, it can be partially substituted with higher loadings of palladium. Rhodium price tends to be a leading indicator for the palladium price.
When palladium becomes twice the price of platinum, it will be economically viable to substitute palladium with platinum (3-way catalysts).
Geen opmerkingen:
Een reactie posten