Impala boss says speed of palladium and rhodium price falls was a surprise
Mining News Pro - Impala Platinum chief executive Nico Muller said a rapid decline in palladium and rhodium prices that has squeezed profits, lowered dividend payouts and shifted the focus to cutting costs caught platinum miners off guard.
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Rhodium price roars above $20,000 in precious metals’ biggest rally
Mining News Pro - Rhodium’s rally to record highs shows no sign of stopping, with prices up 19% this month as auto makers that need the metal to meet tightening emissions regulations run into limited supply.
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Visit: 721
Rhodium price rockets to all-time high
Mining News Pro - The rhodium price has been on a stomach-churning ride this year, rocketing from $6,050 an ounce at the start of 2020 to a high of $13,800 an ounce by March 10, only to plummet to $7,800 an ounce before the end of that month as covid-19 spread around the world.
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Visit: 771
Rhodium price on track for new record as mine output plummets
Mining News Pro - The price of rhodium has been on a stomach-churning ride this year, rocketing from $6,050 an ounce at the start 2020 to a record high of $13,800 an ounce by March 10, only to plummet to $7,800 an ounce before the end of that month as covid-19 spread around the world.
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Visit: 754
Rhodium price rises 32% in first few days of this year
Mining News Pro - Platinum-group metal (PGM) rhodium recently “astounded” the global market by reaching $8 200/oz on January 8, before pulling back slightly, marking a 32% rise in the first few days of this year, and a 225% rise year-on-year, Afriforesight precious metals and related commodities head Jason Welz has said.
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Visit: 1326