Precious Metals 2019 A Year in Review

2019 witnessed a dramatic increase in Rhodium, Palladium, and Platinum, with substantial increases in Gold, and Silver. 
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2010-2019 Recap: 

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1. Rhodium is up an astonishing 145% y/y in 2019                                                        

• 2019 witnessed the biggest percent increase Jan-Dec in the past decade.
• 85+% of the demand is from Auto Catalyst and glass production is another primary source of demand.
• Real word test conditions and tightened requirements in the EU and China are driving the projected 15% increase in demand, even with flat global vehicle sales.
• Central element that drives the catalyst NOX suppression to meet the latest emission requirements.

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