First, full disclosure, I am long ruthenium ($255) as the cheapest of all the platinum group metals - platinum, ($899), palladium ($1740), rhodium ($5500), iridium ($1495) and osmium ($400) each with fascinating limited supply, and all with not only existing demand and likely increases from investors but demand from new uses, an “option” on new discovery.
Just read in Outlook India about Stanford research using a nugget of ruthenium encased in iron, to convert CO2 to energy. While not yet scaled, and perhaps not as effective as it sounds, this kind of research highlights the consistent new use discoveries that are always occurring with the PGMs the rarest and most unique metals on the planet.
Here is the link:
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