Rhodium in the context of "Bushveld Igneous Complex"

Palladium is a chemical element; it has the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1802 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas (formally 2 Pallas), which was thought to be a planet at the time, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and osmium form together a group of elements referred to as the platinum group metals. They have similar chemical properties, but palladium has the lowest melting point and is the least dense of them.

More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into nontoxic substances (nitrogen, carbon dioxide and water vapor). Palladium is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, electrochemical sensors, electrosynthesis, groundwater treatment, and jewellery. Palladium is a key component of fuel cells, in which hydrogen and oxygen react to produce electricity, heat, and water.

Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Precious metals, particularly the noble metals, are more corrosion resistant and less chemically reactive than most elements. They are usually ductile and have a high lustre. Historically, precious metals were important as currency but they are now regarded mainly as investment and industrial raw materials. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.

The best known precious metals are the precious coinage metals, which are gold and silver. Although both have industrial uses, they are better known for their uses in art, jewelry, and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded.The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher prices than common industrial metals.

A native metal is any metal that is found pure in its metallic form in nature. Metals that can be found as native deposits singly or in alloys include antimony, arsenic, bismuth, cadmium, chromium, cobalt, indium, iron, manganese, molybdenum, nickel, niobium, rhenium, tantalum, tellurium, tin, titanium, tungsten, vanadium, and zinc, as well as the gold group (gold, copper, lead, aluminium, mercury, silver) and the platinum group (platinum, iridium, osmium, palladium, rhodium, ruthenium). Among the alloys found in native state have been brass, bronze, pewter, German silver, osmiridium, electrum, white gold, silver-mercury amalgam, and gold-mercury amalgam.

Only gold, silver, copper and the platinum group occur native in large amounts. Over geological time scales, very few metals can resist natural weathering processes like oxidation, so mainly the less reactive metals such as gold and platinum are found as native metals. The others usually occur as isolated pockets where a natural chemical process reduces a common compound or ore of the metal, leaving the pure metal behind as small flakes or inclusions.

A noble metal is a metallic chemical element that is resistant to corrosion and is usually found in nature in its raw form. Gold, platinum, and the other platinum group metals (ruthenium, rhodium, palladium, osmium, iridium) are most often so classified. Silver, copper, and mercury are sometimes included as noble metals, but each of these usually occurs in nature combined with sulfur.

In more specialized fields of study and applications, the number of elements counted as noble metals can vary. In some contexts, the term is used only for copper, silver, and gold which have filled d-bands. In others, it is applied more broadly to any metallic or semimetallic element that does not react with a weak acid and give off hydrogen gas in the process. This broader set includes copper, mercury, technetium, rhenium, arsenic, antimony, bismuth, polonium, gold, the six platinum group metals, and silver.

William Hyde Wollaston FRS (/ˈwʊləstən/; 6 August 1766 – 22 December 1828) was an English chemist and physicist who is famous for discovering the chemical elements palladium and rhodium. He also developed a way to process platinum ore into malleable ingots, patented the camera lucida, and made contributions in electricity and spectroscopy.

The platinum-group metals (PGMs) are six noble, precious metallic elements clustered together in the periodic table. These elements are all transition metals in the d-block (groups 8, 9, and 10, periods 5 and 6).

The six platinum-group metals are ruthenium, rhodium, palladium, osmium, iridium, and platinum. They have similar physical and chemical properties, and tend to occur together in the same mineral deposits. However, they can be further subdivided into the iridium-group platinum-group elements (IPGEs: Os, Ir, Ru) and the palladium-group platinum-group elements (PPGEs: Rh, Pt, Pd) based on their behaviour in geological systems.