Rhodium, as one of the rarest precious metals on Earth, has historically been expensive due to its unique use and scarcity in industry. In the precious metal market, the price of rhodium fluctuates greatly, but generally remains at tens to hundreds of dollars per gram, much higher than other precious metals such as gold and silver, which is mainly due to its wide application in catalysts, electronic equipment, jewelry manufacturing and other fields.
The current price of rhodium
As of the most recent market data, the price of rhodium is about $600 per gram, although this figure is subject to market supply and demand, mining production, exchange rate fluctuations and other factors, but the high price of rhodium is almost constant fact. This price makes rhodium one of the most expensive metals in the world, and its value is not only reflected in the market price, but also in its significant contribution to the high-tech industry and the field of environmental protection.
文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/48309.html
A specific example of rhodium recycling took place in 2023 at a specialist recycling company in California. The rhodium recovered this time comes mainly from discarded car catalytic converters. Through a delicate separation and chemical treatment process, the company managed to recover 1 kg of rhodium from about 1,000 catalytic converters.
Process: First, the recycling team mechanically opens the catalytic converter to remove the rhodium-containing ceramic part. The ceramics are then crushed into a fine powder to facilitate chemical processing. After a series of complex chemical refining processes, rhodium is finally extracted from it with extremely high purity.
The price of the recovery: Based on the market price at the time, this 1 kilogram of rhodium was worth as much as $600,000. This successful recovery not only reduces the need for new resources to be mined, but also demonstrates the important role of precious metal recovery in resource recycling.
文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/48309.html
Pyeongtaek Precious Metals Recycling Company, with its advanced technology and professional services, is committed to the recovery of iridium, platinum, ruthenium, rhodium, palladium and other precious metals. We not only provide our customers with efficient and safe recycling services, but also give new life to precious metals through professional resource reuse. By choosing Pyeongtaek, we are choosing a sustainable future, so that together we can contribute to reducing resource waste and protecting the environment.文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/48309.html 文章源自平泽贵金属回收公司 www.51gjs.comPINGZE Precious Metals Recycling-https://en.51gjs.com/48309.html
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