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A three-way catalytic converter on a gasoline-powered 1996 Dodge Ram Simulation of flow inside a catalytic converter. A catalytic converter is an exhaust emission control device which converts toxic gases and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalyzing a redox reaction.
A long-term supply deficit has led prices of the metal, used mainly in catalytic converters to curb harmful emissions, to double over the last year. In the futures market, prices indicate buyers ...
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 ...
Stillwater Mining Company is engaged in the development, extraction, processing, refining and marketing of palladium, platinum and associated metals (platinum group metals or PGMs) from a geological formation in the Stillwater igneous complex in south central Montana known as the J-M Reef and from the recycling of spent catalytic converters ...
Platinum is an extremely rare metal, [26] occurring at a concentration of only 0.005 ppm in Earth's crust. [27] [28] Sometimes mistaken for silver, platinum is often found chemically uncombined as native platinum and as alloy with the other platinum-group metals and iron mostly.
Costco is expanding its precious metals offerings, building on top of its rollout last year of gold bars, which often sold out within hours.The retailer is now adding 1-ounce platinum bars to its ...