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The newer and/or smaller cars being closer to $100. As a side note, PGMs are also in heavy demand in the electronics industries.ĭepending on the age and type of vehicle, the PGMs in a catalytic converter can be worth anywhere from $100 to a rare $1,000 or more. Diesel-powered-vehicle catalytic converters use only platinum and rhodium (update: rhodium usage for new vehicles is questionable). Gasoline-powered-vehicle catalytic converters use all three of the aforementioned rare-earth metals (update: at current prices, I highly doubt rhodium is still being used). Larger-engine SUV's and trucks average total can range anywhere from 6-30 grams.Ģ8.35 grams equals an avoirdupois ounce.
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Cars, light-duty trucks, and motorcycles average total is 2-6 grams.The amounts and proportions of PGMs depends on the age and type of vehicle. The much-older catalytic converters originally used pellets, before the more efficient and less expensive honeycomb design came into use. The PGMs reside in the honeycomb region of the catalytic converter. Platinum, rhodium and palladium are some of the elements known as platinum-group metals, otherwise known as PGMs. Page URL indicates original publication date meanwhile times change and the updates continue.
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