Super-cycle party for SA
Rhodium price reaches $20,800 an ounce as commodities provide economic bright spot
SA mines most of the world's small supply of rhodium, a metal used in the car catalysts that reduce emissions. This week the rhodium price reached highs of $20,800 (about R316,000) an ounce - up from $6,050 just over a year ago.
It's one of the commodity prices that have surged in a year in which SA's mineral resources have been one of the few bright spots in the economy...