grubstake Posted May 18, 2006 Report Share Posted May 18, 2006 rhoadium, whats it used for, and is that a OZ price, or pound. Gruubstake Quote Link to comment Share on other sites More sharing options...
acronn Posted May 18, 2006 Report Share Posted May 18, 2006 metal plating, thin films of it. Very hard and Shiny like chrome. Probably many other uses I don't know of. Randy Quote Link to comment Share on other sites More sharing options...
acronn Posted May 18, 2006 Report Share Posted May 18, 2006 From Kitco.com also it is a troy ounce price. Here is a better answer..Description and Uses:Rhodium is a silver-white metallic element, is highly resistant to corrosion, and is extremely reflective. It is used as a finish for jewelry, mirrors, and search lights. It is also used in electric connections and is alloyed with platinum for aircraft turbine engines. Another use is manufacturing of nitric acid and used in hydrogenation of organic compounds. Rhodium usage is dominated by autocatalyst applications where it is used together with platinum and palladium to control exhaust emissionsMajor sources of supply South Africa is the major source, accounting for almost 60% of the world's rhodium supply Russia is the second largest producer, although its sales are, as with the other PGMs, volatile and subject to political intervention.Historical pricesHigh rhodium prices during the late 1980s led to increased rhodium production from South Africa. This increased supply was primarily responsible for a declining rhodium price during the 1990s.Interruptions to Russian supply since early 1997 have helped the rhodium price to recover strongly. Kitco provides historical price charts updating on a daily basis. Quote Link to comment Share on other sites More sharing options...
grubstake Posted May 18, 2006 Author Report Share Posted May 18, 2006 I thought so, some cheap jewlery is plated with it to look high dollar. I sure would like to have about a hundred oz's of itright now, going to break $6000.00 and oz. Grubstake Quote Link to comment Share on other sites More sharing options...
Admin nuggethunting Posted May 18, 2006 Admin Report Share Posted May 18, 2006 Hello Grubstake, To my knowledge, and I could be wrong, it don't come in nugget form. I've haven't seen any pictures of it in nugget form at least. If so, I would like to find about a pound nugget! I also believe it’s in the Platinum metal group. Talk with you later,Rob Allison Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.