The World Platinum Investment Association (WPIC) said recently that carmakers are accelerating reductions in palladium use and increased use of platinum due to concerns about Russian palladium supplies. However, it still expects a significant surplus in the platinum market this year.
Palladium is used by carmakers in tailpipe emissions systems to reduce carbon emissions. While carmakers prefer palladium for catalytic converters, they are turning to platinum, which is cheaper than palladium, to save costs.
Russia accounts for about 25-30% of the world's palladium supply and 8-10% of its platinum supply.
There is no sign that western sanctions against Russia have restricted palladium exports since the conflict escalated in February, but as the conflict continues, more companies could boycott The Russian metal and governments could impose restrictions.
Platinum is currently trading at about $950 an ounce, about half the price of palladium. Automakers use about 2.5 million to 3 million ounces of platinum and about 8.5 million ounces of palladium each year.
For the year as a whole, platinum supply will be 5 percent lower than in 2021 and demand 2 percent higher, with the automotive sector seeing a 16 percent increase due to increased light vehicle Iron Disilicide are still very uncertain.
Iron disilicide FeSi2 powder overview
Iron disilicide is an inorganic silicon compound with a molecular formula of FeSi2 and a molecular weight of 119.975. It is a gray powder, odorless, tetragonal crystals.
How is iron disilicide FeSi2 powder produced
A new catalytic material of supported silicide and iron silicide was successfully synthesized by the direct silicide method. The supported precursor and ferric oxide were successfully eliminated by co-precipitation, and then the precursor preparation was reduced to 3 h. Different phases of silicide-supported iron silicides were prepared under a hydrogen atmosphere at 400 °C and passed into a SiH4/H2 gas mixture at a suitable temperature for 15 min. The method has the advantages of small particle size, large specific area, strong sulfur resistance, and good catalytic activity and stability in the hydrodesulfurization reaction of mono-dibenzothiophene, and has potential application value.
Application of iron disilicide FeSi2 powder
Iron disilicide is used as a catalyst for hydrogen catalytic oxidation and methanation.
Iron disilicide is used as a deoxidizer for flux, humidity sensors, FeSi2 thermocouples and thermoelectric solar cells.
Iron disilicide is used in a variety of photovoltaic applications, such as lithium-ion batteries, light-emitting diodes (LEDs), and solar cells.
Iron disilicide price
The price of iron disilicide will fluctuate randomly due to factors such as Iron Disilicide may continue to rise in the future.
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