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Catalytic converters are getting stolen from cars worldwide as prices of rare metals in the car parts hit record highs this year. Thieves are targeting car parts as precious industrial metals have ...
The precious metals found in catalytic converters are drawing less interest from thieves in Ohio. Theft claims for catalytic converters are down this year at State Farm, as the company reported ...
The catalytic converters of hybrids need more of the precious metals to work properly compared to conventional internal combustion vehicles because they do not get as hot as those installed on conventional vehicles, since the combustion engines of hybrids only run part of the time. [46] [47] [48]
The regional theft rings sent their stolen catalytic converters to DG Auto Parts in Freehold, New Jersey, who removed the precious metals from them and ground them into dust. The precious metals were then sold to Dowa Metals and Mining America for refining, after which they were sent to Japan; these sales are believed to have generated ...
Cross section of a metal-core catalytic converter The Soviet 25-rouble commemorative palladium coin is a rare example of the monetary usage of palladium. The largest use of palladium today is in catalytic converters. [41]
Three precious metals that are easy to follow in the market and obtain (even at Costco) are: gold, silver, and platinum. Gold Hallmarked gold in 1 kg bars are a standard configuration for central ...
Catalytic-converter-equipped vehicles have helped cut other air pollutants by more than 3 billion tons worldwide between 1975 and 2000; of this 1.5 billion short tons was in the United States. Automobiles meet emission standards that required reductions of up to 98+ percent for HC, 96 percent for CO, and 95 percent for NOx compared to the ...
The precious metal, which is used in jewelry as well as for industrial items such as catalytic converters, hasn't had the same kind of recent performance as gold, which has long been viewed by ...