: Rhodium is a byproduct of platinum and nickel mining, with roughly 80% of the world's supply coming from South Africa.

: Nearly 80% of annual production is used in the automotive industry to reduce emissions.

: Experts at Heraeus predict a potential market surplus in 2026 due to declining internal combustion engine vehicle sales, which may pressure prices toward a range of $6,000–$9,000 per ounce. Why you can't just buy Rhodium anywhere

: Prices are prone to massive swings. For example, rhodium hit nearly $30,000 per ounce in early 2021 before stabilizing. As of April 2026, spot prices are trading near $10,000 per ounce.

National Collegiate Honors Council ®
  • University of Nebraska-Lincoln
  • 440 N. 17th Street | #250 Knoll
  • Lincoln, NE 68588-0627
  • Tel: 402-472-9150 | E-mail:
    • Hours: Monday – Friday, 8:00 a.m. - 5:00 p.m. CDT

Copyright © 2024

This website uses cookies to store information on your computer. Some of these cookies are used for visitor analysis, others are essential to making our site function properly and improve the user experience. By using this site, you consent to the placement of these cookies. Click Accept to consent and dismiss this message or Deny to leave this website. Read our Privacy Statement for more.