American Elements produces performance materials for high technology industrial applications. However, in 2008 we were approached by commodity traders to see if we could resolve a metallurgy issue that has prevented the commoditization of an important precious metal. Rhodium has long been considered a candidate as a commodity metal alongside gold, silver, and platinum. However, rhodium could only be purchased as a powder commonly known as “rhodium sponge” because its extreme brittleness prevented it from being fabricated as a bar or coin; the forms that allow for standardized weight and purity.

American Elements engineers developed a novel annealing and quenching process specific to the low ductility of rhodium and in 2009 produced the first 2 ounce rhodium bar which now can be purchased by investors, collectors and ETFs who wish to take physical possession of the metal.

Question? Speak to an American Elements engineer at investment.metals@americanelements.com