Rhodium, page-15

Im guessing people have done their research but if they havent, rhodium is the most rare and valuable precious metal on earth. 90% of demand is for catalytic converters in vehicles (limits nitrous oxide emissions) and the supply was at a 50,000oz deficit in 2019 out of 800,000oz in demand. It is extremely difficult to ramp up the supply to cope with demand since its so rare and is currently a bi-product of mining other minerals like platinum and nickel. Electric vehicle production will have an exponential leap in the coming few years which do not use catalytic converters. Therefore rhodium is probably not great long term but short term there is strong demand from China as there will a focus on reducing emissions in hybrids and normal gasoline/diesel vehicles before the complete transition to EVs. Hard to tell if this rhodium will be of great benefit so use this info at your own discretion. Ideally this will not matter if we get the solid gold/PGM assays we hope for.