The Importance of Rhodium …
Rhodium: a rare metal
Over 100 times rarer than gold, Rhodium is one of the most important metals to the $2 trillion global auto industry. The importance of Rhodium is such that at one point, in 2008 it traded at over $10,000 an ounce; although more recently prices have now dropped to a more realistic $750 an ... Read more
Continental Ring catalyst for 3-way catalytic converters
Continental has chosen the 37th Vienna Motor Symposium to present an innovative emissions control solution for downsized turbocharged gasoline engines. The introduction of Real Driving Emissions legislation will require vehicles with this widely used engine concept. This will enable to meet strict nitrogen ... Read more
The Value of Your Old Catalytic Converters
All auto recyclers know how valuable recycling of old catalytic converters can be. Despite this, some cats end up in a bin or crushed into scrap, still attached to the car. This appears to be a real waste of cash-earning potential.
Every catalytic converter contains platinum, palladium and rhodium, precio ... Read more
Recycling your Scrap Cats for a better environment
The looming greenhouse effect together with the scarcity of raw materials, has made recycling and sustainable development big issues and a real challenge for the coming years.
However, several disposals are still underestimated and dismissed in the recycling process. A case in point is scrap ca ... Read more
The Prospects for Platinum
One precious metal currently worth investing in is platinum, cheaper than gold yet, according to many, in greater demand. But what are the prospects for Platinum?
40% of the demand derives from the automobile industry; platinum is an essential component of catalytic converters, now a necessary co ... Read more
Palladium’s Uncertain Future
Unlike other precious metals that performed well in 2016 (gold +20%, silver +23%, platinum +18%), palladium has suffered, up just 5% since the start of the year, and this despite a supply deficit. This relatively poor performance is mainly the result of the emergence of the electric car. But it is also due to ... Read more
Palladium over Platinum
For the first time since 12th September 2001, precious metal experts are forecasting that, by mid-2018, the price of Platinum will fall below that of Palladium, or, at the very least be on a par.
This is due more to Platinum’s weakness rather than any specific strengthening of the Palladium market, wit ... Read more
The Seneca is a South Carolinian specialized recycling site. It recycles precious metals from scrap catalytic converters for BASF’s global production. Thus, it deals with end-of-life automative and chemical cats; ensuring the recycling of Palladium, Platinum and Rhodium metals.
Platinum Group Metals Prospects, 2017
Rarer than gold and silver, Platinum Group Metals (PGMs); comprising Platinum, Palladium and Rhodium; enjoyed a good year in 2016, although early gains did fall back as the year ended. Of the three PGMs, Palladium performed particularly well, with 20% growth year on year.
In what is certain ... Read more
At the crossroads for Platinum Mining
Virtually all the platinum mines in the world are in Russia and South Africa. But, even there, indications predict un uncertain future. Indeed, there are some experts in the field; including Harvard-trained geologist Byron King, a renowned authority on precious metal mining; who believe that rec ... Read more
Platinum Week in BREXIT
For the past 50 years Platinum, Palladium and Rhodium have enjoyed the spotlight during “Platinum Week” in London. In the heyday of the early 2,000's this platinum week was a major global event. Indeed, it was reflecting the numerous industrial and geopolitical challenges of that tim ... Read more
Brazilian mining project
The topical interest in Platinum Group Metals (PGMs) has, for several years, regularly involved bad news from African mining activities; and 2017 is no exception. Actually, the position has worsened. First because investors now understanding that South African and Zimbabwean mines are facing a bleak future of non-pro ... Read more
Turn Your Scrap into Cash
Your old car may have reached the point where it is no longer running and only has scrap value. However, it pay ... Read more
Wage rise in Stillwater mining
About 760 union workers at Stillwater Mining will receive a 5 percent raise during the next two years under a new agreement with owner Sibanye Gold Ltd., the company announced Monday.
The pay hike for miners represented by the United Steelworkers is another reflection of improved prices for p ... Read more