Rhodium Production Cost Reports

The report provides a detailed analysis essential for establishing a Rhodium manufacturing plant. It encompasses all critical aspects necessary for Rhodium production, including the cost of Rhodium production, Rhodium plant cost, Rhodium production costs, and the overall Rhodium manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating a Rhodium production plant. These encompass manufacturing processes, raw material requirements, utility requirements, infrastructure needs, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, and more.

Rhodium is an element that has its main application as a catalytic converter in automobiles, where it works by lowering the levels of nitrogen oxide (NOx) gases emitted in the air. In addition, it finds application in many industries like automobile, jewelry, chemical, and electrical trades. Usually, it is added with metals like platinum and iridium to form an alloy that offers high-temperature strength and oxidation resistance. Due to such properties, these alloys are employed in furnace windings, phonograph needles, pen nibs, high-temperature thermocouples, bearings, electrodes for aircraft spark plugs, resistance wires, and electrical contacts. Also, as it has high resistance to tarnish, it has been used in jewelry plating, searchlight reflectors, etc. It is also used as a catalyst in the BP-Monsanto process.

The market for Rhodium is driven by its usage in catalytic converters for automobiles, which elevates its demand in the automotive industry. Its utilization in chemical manufacturing, jewelry plating, glass production, and electronics due to its catalytic properties and corrosion resistance amplifies its market appeal. The rising focus on sustainability and recycling boosts its demand even more. Overall, industrial Rhodium Procurement is influenced by its application in various industries such as automotive, jewelry, chemical, glass, and electronics industries, the availability of its raw material (PGM ore), the cost of its raw material, its various applications, rising focus on sustainability and recycling, geopolitical factors, and economic factors.

Raw Material for Rhodium Production

According to the Rhodium manufacturing plant project report, the key raw material used in the production of Rhodium includes PGM ore.

Manufacturing Process of Rhodium

The extensive Rhodium production cost report consists of the following major industrial manufacturing process:

• Production from PGM Ore: The manufacturing process of Rhodium involves refining the platinum group of metals (PGM). The process starts with the precipitation of a noble metal from the PGM ore. The residue undergoes treatment with sodium bisulfate, followed by melting, which leads to the formation of rhodium sulfate. Rhodium sulfate is treated with sodium hydroxide to form rhodium hydroxide. In the next step, hydrochloric acid is added to rhodium hydroxide to get a purified acid solution of Rhodium (H3RhCl6). Sodium nitrite and ammonium chloride are added to H3RhCl6 to precipitate it. Finally, the precipitate is dissolved and heated in hydrochloric acid, followed by burning to remove the impurities forming purified Rhodium metal.

Rhodium (Rh) is one of the six PGMs (platinum group metals) and is classed as the rarest and most precious metal on the planet, which has a high value. Rhodium is a silvery-white transition metallic element. It is very reflective and is resistant to corrosion. It is highly unreactive, hard, and durable. Its melting point is higher than that of platinum. It has an atomic mass of 102.91 g.mol -1 and a density of 12.4 g.cm-3 at 20°C. It has a melting and boiling point of 1970 °C and 3727 °C, respectively, and is chemically inert. It occurs naturally in the form of free metal and other metal ores. It is insoluble in most acids like nitric acid but has a little solubility in aqua regia, a nitric and hydrochloric acid mixture. It produces a metal fume that is red to grey in color and can appear as a dusty black powder.