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January 31st, 2010

A possible cure for the platinum shortage

Abstract:
One reason platinum costs so much (roughly $1,500 per ounce) is that it's not just precious, but useful.

To sum it up in one word, it's a nanocatalyst. The claim is this can cut the cost of a converter by 35% and increase efficiency by 25%.

Source:
smartplanet.com

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