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In the short term it could be a good trading position.

In the long term... no. Rhodium will eventually be phased out for any use.

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Q: Is rhodium a good investment
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Related questions

Is rhodium a good conductor of heat or electricity?

Rhodium is a good conductor of electricity but a poor conductor of heat. It is often used as a plating material for electrical contacts and as a catalyst in chemical reactions.


What element is Rh?

Rh is rhodium. (Atomic number: 45).


What is the Telugu word for Rhodium?

There is no separate Telugu word for Rhodium. It is Rhodium రోడియం in Telugu also.


Can rhodium conduct heat?

Yes, rhodium is a good conductor of heat. It has a high thermal conductivity, which means it can efficiently transfer heat. This property makes rhodium valuable in applications where thermal management is important, such as in electrical contacts or catalytic converters.


Is rhodium a good conductor of electricity?

Yes, rhodium is a good conductor of electricity. It is commonly used in electrical contacts and is valued for its high electrical conductivity.


What is formula of rhodium iii nitrate?

Rhodium III nitrate


Is rhodium a platinum metal?

Yes, rhodium is a member of the platinum group.


Does rhodium chains change colors?

Rhodium plated chains do not change colors, as rhodium is a very durable and resistant material that maintains its bright white color over time. However, if the rhodium plating wears off, the underlying metal may become visible and change color.


Does rhodium conduct electricity?

Yes, rhodium is a good conductor of electricity. It is commonly used in electrical contacts and as an alloy in electrical components due to its high electrical conductivity and resistance to corrosion.


What state is rhodium in at room temperature?

At room temperature, rhodium (Rh) is a SOLID.


What is the color of rhodium in a flame?

Rhodium does not produce a distinctive color in a flame test.


How can one extract rhodium from a catalytic converter?

Extracting rhodium from a catalytic converter involves crushing the converter to a fine powder, then using a chemical process to dissolve the rhodium. This solution is then treated with other chemicals to separate the rhodium from other metals present. Finally, the rhodium is precipitated out and purified for use.