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Platinum-group prices are being hammered by the chip shortage

  • brittany3127
  • Sep 17, 2021
  • 1 min read

The shortage of semiconductors is clobbering the price of platinum-group metals as investors brace for a long-lasting hit to car production.


Platinum and its sister metals palladium and rhodium — used in pollution-cutting catalytic converters — have all suffered sharp drops in recent weeks as carmakers shutter plants and trim output guidance

 
 
 

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