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This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium.
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Rhodium is one of the rarest elements in the Earth's crust, comprising an estimated 0.0002 parts per million (2 × 10 −10). [33] Its rarity affects its price and its use in commercial applications. The concentration of rhodium in nickel meteorites is typically 1 part per billion. [34]
Over time, however, the price of the metal has dropped. ... Rhodium daily price 1992-2022 Price of gold 1915-2022 Palladium prices 1977-2022.
This page was last edited on 16 November 2024, at 12:16 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
If the rhodium metal was then left for 20 years after fission, the 13.3 grams of rhodium metal would contain 1.3 kBq of 102 Rh and 500 kBq of 102m Rh. Rhodium has the highest price of these precious metals ($440,000/kg in 2022 [ 3 ] ), but the cost of the separation of the rhodium from the other metals needs to be considered [ editorializing ...
Rhodium daily price 1992–2022. Rhodium is used widely in automotive catalytic converters. Many countries have agreed to the Paris climate accord to cut car emissions and have higher standards for exhaust. South Africa produces 80–90% of Rhodium each year. Russia is the second largest producer of rhodium but it is around 1%.
Rhodium is mainly mined as a by-product of other metals such as platinum, so the production is based on production of other metals and therefore on demand of them, and less on the demand of rhodium. Rhodium rose in price extremely sharply in January 2021 and by mid February 2021 it had reached an all time high of $21,400 per Troy ounce making ...
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