We also know the these devices are targets for thieves seeking the platinum (and other metals like palladium and rhodium) found inside. Now we know exactly how catalytic converters work and the ...
A Surrey towing business bought hundreds of catalytic converters despite knowing they had been stolen, a B.C. government ...
Catalytic converters contain metals such as platinum and rhodium which fetch high prices on the black market. When values of these metals go up it usually leads to a spate of thefts, the RAC and ...
Organised criminals can remove catalytic converters from under a vehicle in a matter of minutes. Catalytic converters contain precious metals such as rhodium, platinum and palladium which ‘clean’ ...
If your family’s car runs on gasoline, it has a device called a catalytic converter. Inside this device is the catalyst, which is a piece of metal — usually platinum, palladium, or rhodium. These ...
Most of it is extracted as a byproduct in the mining of other metals, usually platinum and nickel. Its key commercial use is as a critical component in catalytic converters - a part of a car's ...
Palladium costs nearly $3,000 per ounce, and platinum costs about $1,128 per ounce. Twenty-six states proposed bills in 2021 to prevent catalytic converter theft, with 10 states passing legislation.