Quote:
Originally Posted by Lynn Eades
Hi Tony, in case you are planning to buy a lump of it, here is a snippet of an African mining report and a bit on safety.
it appears to have peaked at over 10 grand U.S. and immediately crashed back 90% about 5 years ago. With a big reflector your options are bound to be fewer. Go the Autosol!
The price of rhodium is up 272% since August 2016 with the platinum group metal hitting an eight year high last week.
Like its sister metals, rhodium's main application is to clean vehicle emissions and the price quoted by Johnson Matthey, the world's number one manufacturer of autocatalysts, reached $2,350 an ounce on Friday.
Recent announcement of production curtailment by Impala and Lonmin can only partially explain the huge upswing
Due to rarity, the small size of the market and concentrated supply – South Africa alone produces roughly 80% of the world's rhodium – prices are typically volatile.
Health effects of rhodium. Rhodium compounds are encountered relatively rarely by most people. There are almost no reported cases of human being affected by this element in any way. All rhodium compounds should be regarded as highly toxic and as carcinogenic.
Back to the thread. Sorry Owen.
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No problem at all; I enjoyed the lesson.
Rhodium isn't on my shopping list. Thankfully.
Owen.