The Rhodium the great treasure of the World today

in #sc-v5 years ago

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Rhodium: The most expensive metal in the world

If appreciated readers, rhodium is considered the most valuable metal in the world, and according to unofficial sources in Venezuela, my country, recently discovered large deposits of this magnificent metal specifically in the Orinoco Belt, fantastic truth, if this is true , how blessed has God been, to give my beautiful country, apart from so many natural and mineral wealth, to give so many benefits in all its land, unfortunately the bad and perverse: decisions, greed, selfishness, management and government have made so many benefits they remain in few and not in giving good live to their town.

Next I will give you information and documentation about this precious metal:
Although the popular belief is that gold is the most expensive metal on the planet, at present it is not, since the most expensive metal in the world is rhodium, beating platinum and gold.

Over the last few years, the price of rhodium has only risen, due largely to the decrease in supply by extractions in South Africa. Next to this African region, the other great extraction of rhodium is Russia being in the background the region of Sudbury in Ontario or the Ural mountains.

Uses of rhodium

Rhodium is used in a variety of sectors and has many commercial uses because it conducts electricity and heat very well and is very malleable, this being one of the reasons, together with its scarcity, responsible for its high price.

Use of rhodium in Industry

One of its main uses is to increase the hardness of other elements such as platinum or palladium. For this, rhodium alloys are made with platinum or palladium, which achieve a high resistance to corrosion and increase its hardness considerably as we have said. Among the uses of this type of alloy we can find rhodium in furnace coils, different elements of laboratories or in turbine reactors.

Use of rhodium in jewelry

As we discussed in one of our latest articles on white gold, rhodium is used in jewelry to give a very bright appearance and high resistance to corrosion to other materials. Specifically, gold and silver jewelry are applied a very thin layer of rhodium to give them that bright white color and give them a great hardness.

Use of rhodium in automobiles

Rhodium is also used in a completely different sector of jewelry, and is in the car. Rhodium is used in the catalytic converters of cars, which are a part of the exhaust pipe that is used to reduce the emission of engine gases into the atmosphere. In the new cars driven by hydrogen, the use of rhodium is also necessary.

Use of rhodium in mirrors

Since it is a highly reflective metal, rhodium is used in some optical equipment, in cameras and in some types of mirrors, although evidently, because of its high price, not in all the mirrors that we see every day.

Rhodium price

The current price of rhodium is $ 1,325 per ounce, with one ounce being 28,350 grams. With a simple rule of three, we get the price of 1 kilogram of rhodium, which is 46,738.05 dollars!

How about my dear readers, if you did not know it well here I leave it briefly and precisely, I only hope that this metal wonder appears in many regions and countries, even if its governors know how to use it and distribute it in a fair, correct and adequate benefits and benefits to its inhabitants.

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Thanks for your attention

This is the source of the information

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