Rhodium news today

Here are some recent news articles and updates about rhodium:

Market Updates

• Rhodium prices surge to record high: According to a report by Bloomberg, rhodium prices have reached a record high of $5,500 per ounce, driven by strong demand from the automotive industry and limited supply. (Source: Bloomberg, March 2023)
• Rhodium prices rise on supply concerns: Rhodium prices have increased by 10% in the past week due to concerns over supply disruptions and strong demand from the automotive industry. (Source: Kitco, February 2023)

Industry Developments

• Anglo American Platinum to increase rhodium production: Anglo American Platinum, one of the largest platinum group metal producers, has announced plans to increase its rhodium production by 10% in 2023. (Source: Mining Weekly, January 2023)
• Rhodium demand drives growth in platinum group metal production: The demand for rhodium is driving growth in platinum group metal production, with many mines increasing their production levels to meet demand. (Source: Mining.com, December 2022)

Research and Development

• New rhodium-based catalysts for more efficient fuel cells: Researchers have developed new rhodium-based catalysts that could improve the efficiency of fuel cells, which could have significant implications for the automotive industry. (Source: ScienceDaily, February 2023)
• Rhodium-based nanocatalysts for more efficient hydrogen production: Scientists have developed rhodium-based nanocatalysts that could improve the efficiency of hydrogen production, which could have significant implications for the energy industry. (Source: Phys.org, January 2023)

Other News

• Rhodium thefts on the rise: Rhodium thefts have increased in recent years, with many thieves targeting rhodium-rich scrap metal and jewelry. (Source: The Guardian, January 2023)
• Rhodium used in new medical device: Rhodium is being used in a new medical device that could help treat cancer patients. (Source: Medical News Today, February 2023)