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Earth’s rarest and most expensive metal costs $14,000 per ounce, but isn’t gold or platinum

Here's something to put gold, platinum, and diamond to shame!
  • Rhodium is earth’s rarest and most expensive metal, with prices that can reach a whopping $14,000 per ounce and more
  • Rhodium is a shiny, super-resistant metal that’s used in all sorts of things
  • Back in 1800, a scientist named William Hyde Wollaston stumbled upon rhodium while playing around with some platinum ore

Published on Apr 5, 2024 at 5:08PM (UTC+4)

Last updated on Apr 8, 2024 at 7:36PM (UTC+4)

Edited by Tom Wood
Rarest and costliest metal rhodium

Did you know that there’s a metal out there that’s even rarer and more expensive than gold or platinum?

It’s called rhodium, and it’s Earth’s rarest and most expensive metal, costing up to a whopping $14,000 per ounce!

That’s enough to make anyone do a double-take!

In fact, there have been times when it has cost even more than that.

So, what makes rhodium so special? Well, let’s dive into the science of it all.

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Rhodium is a shiny, super-resistant metal that’s used in all sorts of things, from cars to jewelry to chewing gum.

Yes, really – chewing gum.

Back in 1800, a scientist named William Hyde Wollaston stumbled upon rhodium while playing around with some platinum ore.

He was trying to make platinum more malleable, but instead, he discovered this shiny new metal hiding in the mix. Talk about a happy accident!

Fast forward to today, and rhodium is still causing a stir in the world of precious metals.

With its incredible rarity and high demand, especially in car manufacturing, rhodium has become the creme de la creme of metals.

But here’s the kicker – rhodium isn’t just valuable because it’s rare.

Nope, it’s also a bit of a superhero when it comes to cleaning up the environment.

About 80% of all rhodium is used in catalytic converters in cars, helping to reduce those nasty emissions that pollute our air.

So, not only is rhodium worth its weight in gold – and more – but it’s also doing its part to save the planet.

Amazing, isn’t it?

But if you’re thinking about striking it rich by panning for rhodium in your backyard, think again.

This elusive metal is mostly found in South Africa, where it’s mined as a byproduct of platinum.

Even then, it’s like finding a needle in a haystack.

So, the next time you see a shiny piece of jewelry or hear a car zooming by, take a moment to appreciate the power of rhodium.

It may be Earth’s rarest and most expensive metal, but it’s also a true superhero in disguise!

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