Tag: rhodium
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Riot Platforms Set to Acquire $185M Rhodium Assets for Mining Expansion
Riot Platforms, a prominent player in Bitcoin mining, has recently made a significant move by entering a non-binding term sheet agreement to potentially acquire Rhodium assets at the Rockdale Facility. The proposed acquisition, valued at $185 million, involves a mix of cash, return of a power security deposit, and Riot shares. This strategic transaction aims…
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Rhodium Climate Outlook 2024: Global Emissions and Energy Forecast
The Rhodium Climate Outlook for 2024 presents probabilistic global emissions and energy projections, shedding light on the trajectory of greenhouse gas emissions and temperature increase worldwide until the end of the century. Following the Global Stocktake under the Paris Agreement, there were concerns about the insufficiency of efforts to limit global warming to below 2°C.…
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China’s Supply Chain Dominance: A Comprehensive Analysis of Global Trade Trends
China’s Supply Chain Dominance: A Comprehensive Analysis of Global Trade Trends China’s role in global supply chains across various sectors has been a subject of significant attention. Over the past decade, China has seen a growth in its export and manufacturing share in sectors such as apparel, consumer electronics, solar photovoltaics (PV), and autos, at…
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China’s Household Consumption Growth Forecast: Overcoming Economic Challenges
China’s Household Consumption Growth Forecast: Overcoming Economic Challenges China’s economic landscape is witnessing a significant shift as investment-led growth in the country reaches its peak, with credit expansion slowing down. This slowdown in investment-led growth emphasizes the increasing importance of household consumption in determining China’s long-term economic trajectory and growth rate. The future of China’s…
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Rhodium’s Role in China’s 2025 Economic Recovery
In the wake of China’s economic challenges, the role of rhodium in the country’s 2025 recovery emerges as a critical factor. While official reports boasted of GDP growth nearing 5%, the reality painted a different picture. The economy struggled, with a modest growth estimate of 2.4% to 2.8% in 2024, falling significantly short of targets.…
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Rhodium Climate Outlook 2024: Global Emissions and Energy Projections Revealed
The year 2024 brings a pivotal moment in the global climate landscape with the release of the Rhodium Climate Outlook (RCO), shedding light on the probabilistic projections of global emissions and energy trends. Following the inaugural Global Stocktake under the Paris Agreement, concerns were raised about the insufficient progress towards limiting temperature rise below 2°C.…
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Investing in Rhodium: The Rare Metal Outshining Gold
Rhodium, a lesser-known but highly valuable metal, shines brightly in the realm of precious metals. While gold, silver, and platinum often steal the limelight, rhodium, part of the platinum group, stands out for its rarity and unique properties. This silver-white metal boasts exceptional chemical inertness, rendering it highly resistant to corrosion even when exposed to…
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Rhodium Market Soars: Valued at USD 3.66 Billion by 2033
The global market for rhodium is witnessing a significant surge, with its value projected to reach USD 3.66 billion by 2033, showing a steady growth rate of 4.6% from 2024. Rhodium, a rare and precious metal from the platinum group, symbolized by the atomic number 45 on the periodic table, is renowned for its exceptional…
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Renishaw Revolutionizes Platinum Rhodium Production with Additive Manufacturing
Renishaw, a global engineering technology firm with operations in over 30 countries, has partnered with Cookson Industrial, a UK-based specialist in precious metal additive manufacturing (AM), to revolutionize the production of platinum rhodium components through additive manufacturing. The collaboration aims to overcome the challenges associated with the high cost of platinum rhodium, making it a…
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Rhodium Market Value Set to Soar by 2033: Analysis & Forecast
The global market for rhodium is poised for substantial growth, with experts forecasting a significant increase in its market value by 2033. Rhodium, a rare and precious metal belonging to the platinum group, plays a crucial role in various industrial applications due to its exceptional corrosion resistance and high reflectivity. Its scarcity, coupled with the…