from Outsider Club:
Palladium is poised for a sustained bull run.
Platinum and palladium are both used as catalysts in vehicle emissions control devices — catalytic converters.
They create a reaction that oxidizes or reduces toxic pollutants in exhaust, namely poisonous gases nitrogen oxide and carbon monoxide. They’re interchangeable with each other as the main catalyst in the converters.
There is no substitute for these two metals. Automakers MUST use either platinum or palladium as catalysts.
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