This precious metal is used as a catalyst in the automotive industry. In other words, the toxic gases coming out of the engine less toxic gases transforms.

Bride, this precious metal Let’s find out.

The most expensive metal in the world is a metal called rhodium.

Rhodium is a silver-white metal that belongs to the platinum group. From now on we can say that this is the most valuable metal in the world. Even in your car If there is a catalystyou have a rhodium!

Rhodium, the most precious metal in the world, to reduce emissions of toxic gases and pollutants It helps. For this reason, the global automotive industry consumes approximately 80% of the world’s rhodium.

The high demand combined with a very limited supply makes rhodium the most expensive metal in the world.

Furthermore, South Africa accounts for approximately 80% of global supply is the largest rhodium producer. This metal is often found in ores mixed with platinum group metals and requires extensive processing to extract it.

In addition to South Africa, there are other major producers Russia and Canada is also located. However, the rhodium production of these countries is still considerably lower compared to South Africa.

In summary, the most precious metal in the world is not gold and platinum, contrary to popular belief. rhodium.

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