Hints and tips:
...Russia produces about a quarter of the world’s palladium, which is used in catalytic converters in vehicles, and exports most of what it produces....
...The fundraising included $112.5m in “catalytic capital”, something that shows the risks associated with long-term investment projects in emerging markets....
...This has led to an increase in the amount of palladium that goes into catalytic converters....
...Smarter working The catalytic effect of the crisis goes beyond business....
...In the meantime, prices could go even higher — and more catalytic converters could go missing. Harry Dempsey...
...Lean NOx Traps, unlike most diesel emissions-control systems, rely solely on a catalytic converter, without using the chemical urea to break down nitrogen oxide....
...Platinum demand is fed mainly by its use in making catalytic converters for diesel-powered vehicles, in jewellery; and as an investment....
...On Tuesday VW’s core passenger car brand therefore said that “as soon as possible” it would switch to using a different diesel emissions control technology in Europe and North America known as selective catalytic...
...Johnson Matthey, the speciality chemicals maker and the world’s biggest producer of catalytic converters, fell after its underlying profits took a hit from the loss of a contract with Anglo American....
...ETF Securities, a provider of exchange traded funds, said outflows continued from gold ETFs this year but funds tracking platinum and palladium, used in automotive catalytic converters, received heavy inflows...
...Yet the price of the precious metal, used in jewellery and in catalytic convertors that clean car exhausts, has fallen 2.2 per cent since the unrest began; from $1,457 an ounce on January 23 to $1,424 on...
...Mr Danzik suggests a cost of 1-8 cents per gallon for its electro-catalytic process, compared to about 22-24 cents for rival methods....
...Platinum miners have this year been squeezed as weak demand from the European automotive sector, which uses the metal in catalytic converters, has weighed on prices....
...The decline in gold is expected to continue as shafts become deeper, more expensive and technically challenging to mine, while platinum, which is used by the car industry for catalytic converters, has been...
...But it was as an outspoken private investor that he played probably his most catalytic role....
...The prices of platinum and rhodium, two precious metals used primarily for catalytic converters in the car industry, have both fallen to the lowest since 2009, but miners in South Africa which account for...
...Industrial metals such as copper, used in electrical wiring, zinc, for galvanising steel, or platinum, a component of catalytic converters in cars, had until last week remained relatively unscathed by the...
...While the earthquake in Japan, whose car industry makes it one of the biggest consumers of platinum and palladium, used in catalytic converters, made many investors cautious in the short term, the consensus...
...Palladium, the precious metal whose primary use is in catalytic converters that clean car exhausts, rose 5 per cent to touch a new nine-year peak of $617.50 a troy ounce....
...The precious metal, mainly used in catalytic converters that clean car exhausts, jumped 5 per cent to a peak of $768.22 a troy ounce. Platinum was up 1.6 per cent at $1,710.99 a troy ounce....
...Shares in the world’s largest supplier of catalytic converters added 1.8 per cent to £19.26 after Liberum Capital flagged the company’s strong positions in the fast- growing heavy duty diesel market....
...Japanese carmakers, for instance, are learning to spread rhodium more thinly inside catalytic converters – the apparatus that removes toxic particles from automotive exhausts....
...Johnson Matthey, the world’s leading supplier of catalytic converters to the automotive industry, added 2.7 per cent to £18.92 on the back of an RBS “buy” recommendation....
...Platinum and palladium posted strong gains this week on the back of surging demand from carmakers for catalytic converters used to reduce exhaust emissions....
International Edition