Rhodium Bullion

Did you know:

• Rhodium is the rarest of all nonradioactive metals on the earth;
• As much as 80%-90% of annual rhodium supplies go into the production of automotive catalytic converters, which convert harmful gases from auto exhaust into less harmful substances;
• Rhodium is 100 times rarer than gold. Yet no matter its rarity or cost, this metal is absolutely vital to the rapidly recovering automobile industry;
• There are less than ten significant rhodium producing mines in the world, most of which are located in South Africa, which supplies over 80% of the world's demand for rhodium;
• In 2008, the price briefly rose above $10,000 per ounce ($350,000 per kilogram).