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Rhodium is a rare, silvery-white metal that is part of the platinum group of precious metals. It is highly valued for its corrosion resistance and reflective properties, making it a popular choice for jewelry and other decorative items. Rhodium is also used in the automotive industry for catalytic converters, as well as in the electronics industry for plating and coating.
The Rhodium market is relatively small compared to other precious metals, such as gold and silver. Prices for Rhodium are highly volatile and can fluctuate significantly due to supply and demand. The market is also affected by geopolitical events, economic conditions, and other factors.
Companies in the Rhodium market include Johnson Matthey, Heraeus, Umicore, and PAMP. These companies are involved in the production, refining, and trading of Rhodium. They also provide services such as storage, transport, and certification. Show Less Read more
