Most Expensive Materials On Earth By Weight (per gram)
10. Rhodium – $58 per gram
Rhodium is a chemical element with symbol Rh and atomic number 45. It is a rare, silvery-white, hard, and chemically inert transition metal. It is a member of the platinum group. It has only one naturally-occurring isotope, 103Rh. Naturally occurring rhodium is usually found as the free metal, alloyed with similar metals, and rarely as a chemical compound in minerals such as bowieite and rhodplumsite. It is one of the rarest and most valuable precious metals.
Rhodium is a so-called noble metal, resistant to corrosion, found in platinum- or nickel ores together with the other members of the platinum group metals. It was discovered in 1803 by William Hyde Wollaston in one such ore, and named for the rose color of one of its chlorine compounds, produced after it reacted with the powerful acid mixture aqua regia.
The element’s major use (approximately 80% of world rhodium production) is as one of the catalysts in the three-way catalytic converters in automobiles. Because rhodium metal is inert against corrosion and most aggressive chemicals, and because of its rarity, rhodium is usually alloyed with platinum or palladium and applied in high-temperature and corrosion-resistive coatings. White gold is often plated with a thin rhodium layer to improve its appearance while sterling silver is often rhodium plated for tarnish resistance. Rhodium detectors are used in nuclear reactors to measure the neutron flux level.
Nearly 60% of all rhodium is found in South Africa. A silver-white material that’s a member of the platinum group of metals, this element is less dense and more resistant to heat than platinum while featuring excellent durability, hardness and reflectance.
As a result, this element, sometimes referred to as “white gold”, can be found in jewelry, aircraft engines, search lights and processes that manufacture acids and organics. Part of the reason rhodium has a high price is due to interruptions in Russian supplies during the late 90s.