Catalytic Converters
Catalytic Converters contain many different types of metals such as Manganese, Zinc, Barium, and Cerium the list goes on and on. However the primary reason for a Catalytic converters value is based on the Platinum, Rhodium and palladium content.
Platinum
Platinum is primarily used in the jewellery and automotive industries, with the latter making use of its excellent catalytic properties. Approximately 8 tons of raw ore must be mined to produce just one pure ounce of platinum.
Rhodium
Rhodium primary use is in the automotive industry for the reduction of NOx to nitrogen. One of the rarest metals on earth, rhodium does not appear naturally, tending to be found with other platinum group metals. Rhodium is used as an alloying agent for precious metals such as platinum and palladium where its addition increases the hardness.
Palladium
Palladium is most frequently used in alloys or as a catalyst and can be used as a substitute for platinum in jewellery, electrical contacts and catalysts. It is found with other platinum group metals.