Rhodium
Description
Rhodium is a silver-white metal. One of rhodium's most notable
qualities is its very high lustre, which is not tarnished
by the atmosphere at room temperature. As a result, rhodium
is frequently electroplated onto metal objects and polished
to give permanent attractive surfaces.
Major sources of supply
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South Africa is the major source, accounting for almost
60% of the world's rhodium supply.
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Russia is the second largest producer, although its sales
are, as with the other PGMs, volatile and subject to political
intervention.
Major applications
Rhodium usage is dominated by autocatalyst applications where
it is used together with platinum and palladium to control
exhaust emissions.
Historical prices
High rhodium prices during the late 1980s led to increased
rhodium production from South Africa. This increased supply
was primarily responsible for a declining rhodium price during
the 1990s. Interruptions to Russian supply since early 1997
have helped the rhodium price to recover strongly.
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