What is palladium?

The current metal in addition to gold, silver is the attention of investors, there are also many other metals classified as precious. Palladium is listed as a valuable and valuable metal in the world. Palladium is applied to many industries around the world. So where does palladium come from?

Origin of Palladium

Palladium (Latin: Palladium) is a rare, silvery-white metal , one of six metals in the platinum group (along with ruthenium, rhodium, osmium, iridium and platinum), discovered by William Hyde Wollaston in 1803 , he also named it palladium.

Metals are heavily mined in Russia and South Africa, in Russia accounting for 50% of world production.

The characteristic of Palladium is the lowest and lightest melting, absorbing Hidro up to 900 times its volume so Palladium is often used to safely store Hidro.

What is palladium? Picture 1

The value of current Palladium

This metal is used to make and process metallurgy, not tarnished so it is applied jewelry making. In addition, about 85% of Palladium is used in car exhaust systems, helping to turn toxic pollutants into less toxic CO2 and water vapor. Electronics also use Palladium.

However, the current situation of insufficient supply is pushing the value of Palladium to a higher level, when Palladium is one of the most expensive metals besides gold, silver and platinum.