Where is rhodium used in cars? How is it mined?

*Rhodium is a precious, highly reflective, corrosion resistant metal, primarily mined as a by-product of palladium, platinum, or nickel mining.

*The metal finds application in automotive catalytic converters to reduce toxic gas emissions.

*The demand for rhodium is soaring amid the rising stringent emission norms.

*South Africa is the world’s leading producer of rhodium, accounting for more than 80% of the total supply.

Comment


Disclaimer

Ad

GET A FREE STOCK REPORT


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.


   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK