Posts Tagged ‘costliest metal’

Rhodium: Costliest Precious Metal

In 1803, the English physicist and chemist William Hyde Wollaston discovered a chemical element that is today considered the most expensive of the precious metals. This precious metal, which belongs to the platinum group metals, is rhodium. With its current price of around 1,000 U.S. dollars per troy ounce, rhodium is about five times costlier than platinum.
Wollaston’s discovery of rhodium was made possible with the use of crude platinum ore. He first dissolved the ore in nitro-hydrochloric acid (also called [...]

Rhodium: Costliest Precious Metal