Why is Rhodium So Expensive? 💎


It is one of the most precious metals in the world.
Its price in some years reached more than $10,000 per ounce and may increase further depending on the market.
It is extremely rare and is often extracted along with platinum group metals.
Its Uses
In vehicle exhaust converters to reduce pollution.
Coating jewelry to give it luster and protection from rust.
In some chemical industries.
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