We also know the these devices are targets for thieves seeking the platinum (and other metals like palladium and rhodium) found inside. Now we know exactly how catalytic converters work and the ...

Platinum may be rare, but it is the third most-traded precious metal in the world, behind gold and silver. The world’s ...

and platinum. The good news is that thefts are significantly down. According to State Farm, over 3,800 catalytic converter theft claims were reported in the first half of the year—a 74% decrease ...

Catalytic converters contain metals such as platinum and rhodium which fetch high prices on the black market. When values of these metals go up it usually leads to a spate of thefts, the RAC and ...

Most of it is extracted as a byproduct in the mining of other metals, usually platinum and nickel. Its key commercial use is as a critical component in catalytic converters - a part of a car's ...

If your family’s car runs on gasoline, it has a device called a catalytic converter. Inside this device is the catalyst, which is a piece of metal — usually platinum, palladium, or rhodium. These ...

Catalytic converters theft surged across the country, largely because of the growing market for precious metals like platinum, palladium and rhodium. In Bloomington alone, police tracked nearly ...