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Tag: emission control

  • Rhodium Price Surges Above $20,000 as Demand Outpaces Supply

    Rhodium Price Surges Above $20,000 as Demand Outpaces Supply

    Rhodium, a precious metal used in engine exhaust systems to neutralize harmful emissions, has experienced a remarkable rally in recent times. The price of rhodium has surged above $20,000 per ounce, marking a significant increase from just a few years ago. This surge in price can be attributed to various factors, including increased demand from…

  • Rhodium Hits Record Highs Above $20,000 as Auto Demand Surges

    Rhodium, a precious metal used in engine exhausts, has surged to record highs, surpassing $20,000 per ounce amidst a rally driven by increased demand from auto makers. This surge, up 19% in a month, comes as emissions regulations tighten, particularly in China, the largest market for rhodium. Analysts predict continued growth in demand as regulations…