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Future catalysts may require much less platinum and other PMs

OverdateOverdate Posts: 6,888 ✭✭✭✭✭

New catalysts make efficient use of precious metals

"Nanoscientists from Utrecht University have devised a new and promising way to make catalysts in which the amount of precious metals needed is reduced by a factor of 10. . . The researchers expect that it will be possible to use the technique on an industrial scale in existing processes within one to two years."

If this comes to pass, how severely is it likely to impact the price of platinum and palladium?

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Comments

  • jmski52jmski52 Posts: 22,263 ✭✭✭✭✭

    I'd say - pretty significantly.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    If it becomes financially feasible, it would have a significant impact on those PM's. Unless purity becomes a factor in some applications. Cheers, RickO

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,746 ✭✭✭✭✭

    Let's hope it decreases theft of catalytic converters by the same, or greater factor.

  • derrybderryb Posts: 36,009 ✭✭✭✭✭

    Future cars will not require catalysts

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • OPAOPA Posts: 17,103 ✭✭✭✭✭

    @derryb said:
    Future cars will not require catalysts

    Totally agree.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • RobMRobM Posts: 524 ✭✭✭

    @OPA said:

    @derryb said:
    Future cars will not require catalysts

    Totally agree.

    Define the future..... And don't forget hybrids which require catalytic converters. 30-40% of US drivers are not in a position where BEVs make financial sense. Even if ICE-only cars disappear over the next couple decades, when would you expect hybrids to become extinct? In 50 years?

  • bmhbmh Posts: 5

    The wife wanted her engagment ring made with platinum. I don't have the heart to tell her about the price action the last 10 years. I guess more pain to come.

  • derrybderryb Posts: 36,009 ✭✭✭✭✭
    edited July 18, 2022 3:42PM

    @RobM said:

    @OPA said:

    @derryb said:
    Future cars will not require catalysts

    Totally agree.

    Define the future..... And don't forget hybrids which require catalytic converters. 30-40% of US drivers are not in a position where BEVs make financial sense. Even if ICE-only cars disappear over the next couple decades, when would you expect hybrids to become extinct? In 50 years?

    defined by politics therefore not the place to discuss. ;)

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,746 ✭✭✭✭✭
    edited July 19, 2022 6:20AM

    @bmh said:
    The wife wanted her engagment ring made with platinum. I don't have the heart to tell her about the price action the last 10 years. I guess more pain to come.

    Impress her. Make it with rhodium.
    Edit to add: welcome aboard.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I sure hope they do not mess with gold.... I like my gold pure, don't be bastardizing the element with catalysts. :s Cheers, RickO

  • blitzdudeblitzdude Posts: 5,263 ✭✭✭✭✭

    I'll be buying the overpriced gutter sub $100 lol

    The whole worlds off its rocker, buy Gold™.

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