Overview of Scrap Platinum Rhodium Wire Recycling Price How much is it worth per gram?

Mondo Finance Updated on 2024-02-19

Platinum rhodium wire is a metal wire made of platinum and rhodium alloys, which is widely used in industrial, medical, electronic and other fields. Platinum rhodium wire has the advantages of high melting point, high conductivity, high corrosion resistance, etc., but also has disadvantages such as high cost and scarcity. Therefore, the utilization of waste platinum rhodium wire has important economic and environmental significance. So, how much is the *** of waste platinum rhodium wire? This article will introduce the following aspects.

First of all, the waste platinum rhodium wire is affected by the market for platinum and rhodium. Platinum and rhodium belong to the world, which is affected by factors such as supply and demand in the international market, exchange rates, geopolitics, and investment demand. Generally speaking, the ** of platinum and rhodium shows a fluctuating trend, and sometimes there is a large rise and fall range. According to data as of February 19, 2024, platinum is 25 per gram$6, rhodium** is $62 per gram$4. Therefore, the *** of waste platinum rhodium wire will also change with the change of platinum and rhodium.

Secondly, the *** of waste platinum rhodium wire is affected by the proportion of platinum rhodium wire. Platinum rhodium wire has different compositional ratios, and its properties and uses are also different. Generally speaking, the composition ratio of platinum rhodium wire is as follows: platinum 90% rhodium 10%, platinum 80% rhodium 20%, platinum 70% rhodium 30%, platinum 60% rhodium 40%, platinum 50% rhodium 50%, etc. Different ingredient ratios are also different. In general, the higher the rhodium content, the higher the weight, because the rhodium is much higher than the platinum. For example, according to data as of February 19, 2024, the *** of platinum 90% rhodium 10% spent platinum rhodium wire is 28. per gram$8, platinum 50% rhodium 50% scrap platinum rhodium wire*** is $44 per gram.

Finally, the waste platinum rhodium wire is affected by the channels and methods. There are many channels and ways of scrap platinum rhodium wire, for example, through professional companies, through online platforms, through personal transactions, etc. Different channels and ways are also different. Generally speaking, through a professional company, you can get a higher level of equipment and technology, which can accurately detect and analyze waste platinum rhodium wire, as well as efficient purification and processing. And through online platforms or personal transactions, you may encounter some dishonest behaviors, such as underestimating the composition and weight of waste platinum rhodium wire, or using substandard testing and purification methods, resulting in a reduction in quality. Therefore, choosing the right channel and method is an important factor to improve the quality of waste platinum rhodium wire.

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