Catalytic converters have economic value as they contain precious metals. This is the main reason why they are sold as the most expensive scrap. Because it contains rhodium, palladium and platinum, which are among the most precious metals. They can be converted into more cash when Pt, Pd, Rh are recovered from the scrap catalytic converter.
How much is a gram of Platinum (Pt) worth?
Worth of Platinum metal is increasing with time as its shown on the table. It’s economic value never decreased as seen in the table last 20 years. So that’s meaning Platinum’s value is getting more important every day.
Nowadays, platinum price per gram is around $31.
How much is a gram of Palladium (Pd) worth?
Considering the variability of the palladium value, although there was a decrease for a period, it did not cause a serious decrease in general. It is still valuable and its economic value continues to increase.
Nowadays, palladium price per gram is around $72.
How much is a gram of Rhodium (Rh) worth?
Looking at the change in the value of rhodium in the last 10 years, although it has remained stable most of the time, it has increased significantly in the last two years. Nowadays, rhodium price per gram is around $287.
Although the quantities vary by model, on average, only one standard catalytic converter contains about 3-7 grams of platinum, 2-7 grams of palladium, 1-2 grams rhodium. That provides serious gains when tons of scrap catalytic converters are recovered.
As Proses Makina Company, we provide to you all precious metals in the scrap catalytic converter recovery for economic gain with our high efficiency, last technology systems.
How much palladium is in a catalytic converter?
The amount of palladium in a catalytic converter varies depending on the type and size of the converter, as well as the specific manufacturer and the year it was produced. However, typically, a catalytic converter contains between 3 to 7 grams of palladium.
It’s important to note that catalytic converters also contain other precious metals such as platinum and rhodium, which are used as catalysts to reduce emissions. The specific combination and amounts of these metals may vary depending on the converter’s design and intended use.
How much is a catalytic converter worth?
To answer this question, how much a catalytic converter is worth can vary depending on several factors, such as the type of converter, the precious metal content in it, the market demand for precious metals, and the region you live in. Generally, a used catalytic converter can be worth $50 to $250 or more.
However, some converters can be much more valuable because of the high concentration of precious metals they contain, such as platinum, palladium, and rhodium.
If you are wondering how much a second-hand catalytic converter is worth, we hope our article above has helped you. Catalytic converters can be priced in various ways according to the precious metals in them.
What vehicles have the most expensive catalytic converters?
If you are wondering which are the vehicles with the most expensive catalytic converter, we can give an example of luxury vehicles. Especially SUV type vehicles use larger catalytic converter and this causes more use of elements such as platinum rhodium.
We can give models such as Audi Q7, Audi Q5, Audi Q3 as examples. In addition, we can show them as examples such as BMW X5, BMW X4, BMW X3. Since there will be a large catalytic converter in pickup trucks, the density of precious metals is high in these vehicles.
Why are catalytic converters valuable?
Catalytic converters are valuable because of the precious metals they contain. Catalytic converters are located in the exhaust systems of vehicles and are used to reduce harmful emissions in exhaust gases. These emissions are pollutants such as nitrogen oxides, carbon monoxide and hydrocarbons formed during the combustion process in vehicles’ engines.
Catalytic converters convert these pollutants into less harmful substances by the catalytic action of precious metals such as platinum, palladium and rhodium.
These metals are rare and in high demand precious metals, and the amount of precious metal used in a catalytic converter determines its value. Therefore, catalytic converters are traded at a high price in the scrap metal market. However, selling stolen or unauthorized catalytic converters is illegal and can result in fines or jail time.
Why are thieves stealing catalytic converters?
Thieves often steal catalytic converters to profit from the precious metals inside. Catalytic converters are parts in which precious metals such as platinum, palladium and rhodium are used. These metals are valuable in the scrap metal market due to their high prices. Stealing catalytic converters allows thieves to make profits at scrap metal recycling plants, where they are processed to recycle precious metals.
Also, catalytic converters are used similarly in many vehicles and can be easily removed from vehicles. For this reason, catalytic converter thefts have increased in recent years. However, unauthorized removal of catalytic converters can cause damage to the vehicle’s exhaust system and release more polluting emissions into the environment.
