Market Trends

• In 2023, the global rhodium market was valued at US$2.0 billion. Looking ahead, IMARC Group estimates the market to reach US$ 3.2 billion by 2032, with a compound annual growth rate (CAGR) of 5.46% from 2024 to 2032.

• The global rhodium market is classified by type, which includes alloys, metals, and compounds. Among these, the alloys subsegment has the biggest market share.

• According to a worldwide rhodium market research, North America is one of the leading regions for generating rhodium through recycling. Approximately 89% of the rhodium used as an auto catalyst gets refreshed here.

Top Global Rhodium Industries

1. American Elements

Headquarters: Los Angeles, California, United States
American elementsproduce and supplies cutting-edge materials for both small-scale laboratory and large-scale industrial applications, drawing from a catalog of more than 30,000 items.

2. Smart-elements GmbH

Headquarters:Vienna, Austria
The company produces rhodium powders for making metal chemicals and thick film applications, as well as compounds of rhodium, palladium, platinum, gold, and silver in small or large quantities.

3. Sumitomo Metal Mining Co., Ltd.

Headquarters: Tokyo, Japan
Rhodium powder is distributed by the company. The company produces various products related to the battery materials in a complete in-house system, such as mineral ore, low-grade nickel oxide ore, nickel sulfate, and cathode material.

4. Rhodium Master

Headquarters:Gujarat, India
Rhodium Master is a preferred manufacturer, refiner and supplier of rhodium and precious metals. This precious metal has various application in the jewelry and automobile, petroleum industry.

The 3 most expensive metals

1. Rhodium

Uses: Platinum alloys, turbine reactors, electric ovens, jewelry coating and glass industries.

2. Palladium

Uses:Jewelry, ceramic capacitors, hydrogenation and dehydrogenation reactions, dental fillings and crowns.

3. Iridium

Uses: alloys with osmium, pen tips, compass bearings and spark plugs.

Extraction of rhodium from rhodium oxide

1. Conversion to rhodium chloride

Usually, rhodium oxide is the starting point (Rh2O3). Rhodium must first be transformed into a more soluble rhodium compound in order to be extracted. Rhodium chloride (RhCl3) is typically produced by reacting it with hydrochloric acid (HCl).

2. Purification

Other metals and other contaminants could be present in the rhodium chloride solution that was prepared in the preceding step. Rhodium must be purified in order to be isolated from these contaminants. There are several chemical and separation methods that can be applied, including solvent extraction and precipitation.

3. Reduction

To produce metallic rhodium, a reduction procedure is applied to the rhodium chloride solution following purification. High temperatures and a reducing agent, like hydrogen gas (H2), are frequently used to accomplish the reduction.

4. Smelting

There's a chance that the reduction step's metallic rhodium has some other metal traces in it. Smelting is the process of removing impurities from metal by heating it to high temperatures. After that, the rhodium is usually melted and cast into the required shape, like bars or pellets.

5. Further refining

To reach a high level of purity, the extracted rhodium may go through additional refining procedures such zone refining or electron beam melting, depending on the requirements for purity. This is especially crucial if rhodium is going to be used in specific applications, such as the jewelry or electronics sectors.

Rhodium master is a company that can help you with the technology and the technical know-how in the world of precious metal refining, processing and purification of PGMs.Rhodium Master is preferred Buyer, Refiner and Supplier for PGMs & its various salts across the Globe.

Frequently asked Question

Why is jewelry rhodium plated?

Compared to platinum, white gold, or sterling silver, rhodium plating provides a brighter white and gives an additional layer of protection to jewelry. Realistically, rhodium is brittle and cannot be used to make solid jewelry because of its strength. To prevent cracking, a layer of rhodium plating needs to be precisely the proper thickness—between 0.75 and 1.0 microns is ideal. Any thinner and the metal underneath would show; any thicker and the coating would crack. Your jewelry can look better, last longer, and have a flawless covering of rhodium.

Fact about Rhodium

William Hyde Wollaston, who also discovered palladium, made the discovery of rhodium in 1803 while conducting experiments in South America with platinum ores. The rosy tinge of one of rhodium's chlorine compounds, which resulted from its interaction with aqua regia, inspired him to name the metal.

How is Rhodium recycledfrom a spent electroplating solution

1. Precipitation

The first step in recycling rhodium from used electroplating solutions is to separate it from other metals. This can be accomplished through precipitation using a base such as sodium carbonate.

2. Ion exchange resin

Rhodium can be separated as chloro salts by passing a solution containing both metals through a column of anion-exchange resin.

3. Solvent extraction

Solvent extraction is the process by which a chemical move from one solvent to another due to a difference in solubility or distribution coefficient between two immiscible (or marginally soluble) solvents.

4. Electrochemical Process

Rhodium electrowinning utilizing a modified electrochemical cyclone reactor has the potential to efficiently extract valuable metals from dilute solutions.
Rhodium Master is a vibrant organization at the cutting edge of technical breakthroughs. At Rhodium Master, our mission is to provide tailored solutions for our clients' business needs, regardless of their location on the globe.

About Rhodium Master

Rhodium Master is an innovative business that prioritizes technology in all aspects of its operations. Since our establishment in 1996, we have experienced significant growth and have earned a strong reputation in the industry. Our commitment to exceptional after-sales customer service sets us apart from our competitors, and we take pride in being recognized as leaders in our field.

Our clients value the quality and unique functionality of our products, which are crafted using only the highest-grade PGM materials. Our state-of-the-art laboratory, established in 1996, is dedicated to research and development, with a focus on creating innovative PGM grades that meet the evolving needs of our clients.

At our organization, we place a strong emphasis on quality, which is reflected in the presence of our dedicated quality control unit within our infrastructure. This unit, overseen by experienced professionals, serves as the cornerstone of our operations, ensuring the high quality of our products. Additionally, our team of skilled professionals is committed to achieving maximum client satisfaction by delivering products that meet their needs in a timely manner. Our production processes take place at our state-of-the-art factory, which spans across a vast 2-acre area.