Palladium Processing
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Palladium is a chemical element with the
symbol A symbol is a mark, sign, or word that indicates, signifies, or is understood as representing an idea, object, or relationship. Symbols allow people to go beyond what is known or seen by creating linkages between otherwise very different conc ...
Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the
epithet An epithet (, ), also byname, is a descriptive term (word or phrase) known for accompanying or occurring in place of a name and having entered common usage. It has various shades of meaning when applied to seemingly real or fictitious people, di ...
of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and
osmium Osmium (from Greek grc, ὀσμή, osme, smell, label=none) is a chemical element with the symbol Os and atomic number 76. It is a hard, brittle, bluish-white transition metal in the platinum group that is found as a trace element in alloys, mos ...
form a group of elements referred to as the platinum group metals (PGMs). 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 Dentistry, also known as dental medicine and oral medicine, is the branch of medicine focused on the teeth, gums, and mouth. It consists of the study, diagnosis, prevention, management, and treatment of diseases, disorders, and conditions o ...
, medicine, hydrogen purification, chemical applications, groundwater treatment, and jewelry. Palladium is a key component of
fuel cell A fuel cell is an electrochemical cell that converts the chemical energy of a fuel (often hydrogen) and an oxidizing agent (often oxygen) into electricity through a pair of redox reactions. Fuel cells are different from most batteries in requ ...
s, in which hydrogen and oxygen react to produce electricity, heat, and water. Ore deposits of palladium and other PGMs are rare. The most extensive deposits have been found in the norite belt of the Bushveld Igneous Complex covering the Transvaal Basin in South Africa, the
Stillwater Complex The Stillwater igneous complex is a large layered mafic intrusion (LMI) located in southern Montana in Stillwater, Sweet Grass and Park Counties. The complex is exposed across 30 miles (48 km) of the north flank of the Beartooth Mount ...
in Montana, United States; the
Sudbury Basin The Sudbury Basin (), also known as Sudbury Structure or the Sudbury Nickel Irruptive, is a major geological structure in Ontario, Canada. It is the third-largest known impact crater or astrobleme on Earth, as well as one of the oldest. The cra ...
and Thunder Bay District of Ontario, Canada, and the Norilsk Complex in Russia. Recycling is also a source, mostly from scrapped catalytic converters. The numerous applications and limited supply sources result in considerable
investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...
interest.


Characteristics

Palladium belongs to group 10 in the periodic table, but the configuration in the outermost electrons is in accordance with Hund's rule. Electrons that by the Madelung rule would be expected to occupy the 5 ''s'' instead fill the 4 ''d'' orbitals, as it is more energetically favorable to have a completely filled 4d10 shell instead of the 5s2 4d8 configuration. This 5s0 configuration, unique in period 5, makes palladium the heaviest element having only ''one'' incomplete electron shell, with all shells above it empty. Palladium has the appearance of a soft silver-white metal that resembles platinum. It is the least dense and has the lowest melting point of the platinum group metals. It is soft and ductile when annealed and is greatly increased in strength and hardness when cold-worked. Palladium dissolves slowly in concentrated nitric acid, in hot, concentrated
sulfuric acid Sulfuric acid (American spelling and the preferred IUPAC name) or sulphuric acid ( Commonwealth spelling), known in antiquity as oil of vitriol, is a mineral acid composed of the elements sulfur, oxygen and hydrogen, with the molecular formu ...
, and when finely ground, in hydrochloric acid. It dissolves readily at room temperature in aqua regia. Palladium does not react with oxygen at standard temperature (and thus does not tarnish in air). Palladium heated to 800 °C will produce a layer of palladium(II) oxide (PdO). It may slowly develop a slight brownish coloration over time, likely due to the formation of a surface layer of its monoxide. Palladium films with defects produced by alpha particle bombardment at low temperature exhibit superconductivity having ''T''c=3.2 K.


Isotopes

Naturally occurring palladium is composed of seven isotopes, six of which are stable. The most stable radioisotopes are 107Pd with a half-life of 6.5 million years (found in nature), 103Pd with 17 days, and 100Pd with 3.63 days. Eighteen other radioisotopes have been characterized with atomic weights ranging from 90.94948(64) u (91Pd) to 122.93426(64) u (123Pd). These have half-lives of less than thirty minutes, except 101Pd (half-life: 8.47 hours), 109Pd (half-life: 13.7 hours), and 112Pd (half-life: 21 hours). For isotopes with atomic mass unit values less than that of the most abundant stable isotope, 106Pd, the primary
decay mode Radioactive decay (also known as nuclear decay, radioactivity, radioactive disintegration, or nuclear disintegration) is the process by which an unstable atomic nucleus loses energy by radiation. A material containing unstable nuclei is consid ...
is electron capture with the primary
decay product In nuclear physics, a decay product (also known as a daughter product, daughter isotope, radio-daughter, or daughter nuclide) is the remaining nuclide left over from radioactive decay. Radioactive decay often proceeds via a sequence of steps ( ...
being rhodium. The primary mode of decay for those isotopes of Pd with atomic mass greater than 106 is beta decay with the primary product of this decay being silver. Radiogenic 107Ag is a decay product of 107Pd and was first discovered in 1978 in the Santa Clara meteorite of 1976. The discoverers suggest that the coalescence and differentiation of iron-cored small planets may have occurred 10 million years after a nucleosynthetic event. 107Pd versus Ag correlations observed in bodies, which have been melted since accretion of the Solar System, must reflect the presence of short-lived nuclides in the early Solar System. is also produced as a
fission product Nuclear fission products are the atomic fragments left after a large atomic nucleus undergoes nuclear fission. Typically, a large nucleus like that of uranium fissions by splitting into two smaller nuclei, along with a few neutrons, the release ...
in spontaneous or induced fission of . As it is not very mobile in the environment and has a relatively low decay energy, is usually considered to be among the less concerning of the long-lived fission products.


Compounds

Palladium compounds exist primarily in the 0 and +2 oxidation state. Other less common states are also recognized. Generally the compounds of palladium are more similar to those of platinum than those of any other element. File:Alpha-palladium(II)-chloride-xtal-3D-balls.png, Structure of ''α''-PdCl2 File:Pd6Cl12-from-xtal-1996-CM-3D-ellipsoids.png,


Palladium(II)

Palladium(II) chloride is the principal starting material for other palladium compounds. It arises by the reaction of palladium with chlorine. It is used to prepare heterogeneous palladium catalysts such as palladium on barium sulfate, palladium on carbon, and palladium chloride on carbon. Solutions of PdCl2 in nitric acid react with
acetic acid Acetic acid , systematically named ethanoic acid , is an acidic, colourless liquid and organic compound with the chemical formula (also written as , , or ). Vinegar is at least 4% acetic acid by volume, making acetic acid the main component ...
to give palladium(II) acetate, also a versatile reagent. PdCl2 reacts with ligands (L) to give square planar complexes of the type PdCl2L2. One example of such complexes is the benzonitrile derivative PdX2(PhCN)2. : PdCl2 + 2 L → PdCl2L2 (L = PhCN, PPh3, NH3, etc) The complex bis(triphenylphosphine)palladium(II) dichloride is a useful catalyst.


Palladium(0)

Palladium forms a range of zerovalent complexes with the formula PdL4, PdL3 and PdL2. For example, reduction of a mixture of PdCl2(PPh3)2 and PPh3 gives tetrakis(triphenylphosphine)palladium(0): :2 PdCl2(PPh3)2 + 4 PPh3 + 5 N2H4 → 2 Pd(PPh3)4 + N2 + 4 N2H5+Cl Another major palladium(0) complex, tris(dibenzylideneacetone)dipalladium(0) (Pd2(dba)3), is prepared by reducing
sodium tetrachloropalladate Sodium tetrachloropalladate is an inorganic compound with the chemical formula Na2PdCl4. This salt, and the analogous alkali metal salts of the form M2PdCl4, may be prepared simply by reacting palladium(II) chloride with the appropriate alkali meta ...
in the presence of dibenzylideneacetone. Palladium(0), as well as palladium(II), are catalysts in coupling reactions, as has been recognized by the 2010 Nobel Prize in Chemistry to
Richard F. Heck Richard Frederick Heck (August 15, 1931 – October 9, 2015) was an American chemist noted for the discovery and development of the Heck reaction, which uses palladium to catalyze organic chemical reactions that couple aryl halides with alkenes ...
, Ei-ichi Negishi, and Akira Suzuki. Such reactions are widely practiced for the synthesis of fine chemicals. Prominent coupling reactions include the
Heck Heck may refer to: * HECK (band), a British rock band * Heck (surname) * Heck, Dumfries and Galloway, Scotland * Heck, North Yorkshire, England * Heck cattle * Heck horse * Heck reaction, a chemical reaction that forms a substituted alkene * ...
,
Suzuki is a Japan, Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan. Suzuki manufactures automobiles, motorcycles, All-terrain vehicle, all-terrain vehicles (ATVs), outboard motor, outboard marine engines, wheelchairs ...
, Sonogashira coupling, Stille reactions, and the Kumada coupling. Palladium(II) acetate, tetrakis(triphenylphosphine)palladium(0) (Pd(PPh3)4, and tris(dibenzylideneacetone)dipalladium(0) (Pd2(dba)3) serve either as catalysts or precatalysts.


Other oxidation states

Although Pd(IV) compounds are comparatively rare, one example is
sodium hexachloropalladate(IV) Sodium is a chemical element with the symbol Na (from Latin ''natrium'') and atomic number 11. It is a soft, silvery-white, highly reactive metal. Sodium is an alkali metal, being in group 1 of the periodic table. Its only stable isot ...
, Na2 dCl6 A few
compounds of palladium(III) In chemistry, compounds of palladium(III) feature the noble metal palladium in the unusual +3 oxidation state (in most of its compounds, palladium has the oxidation state II). Compounds of Pd(III) occur in mononuclear and dinuclear forms. Palladiu ...
are also known. Palladium(VI) was claimed in 2002, but subsequently disproven. Mixed valence palladium complexes exist, e.g. Pd4(CO)4(OAc)4Pd(acac)2 forms an infinite Pd chain structure, with alternatively interconnected Pd4(CO)4(OAc)4 and Pd(acac)2 units. When alloyed with a more electropositive element, palladium can acquire a negative charge. Such compounds are known as palladides, such as
gallium palladide Gallium palladide (GaPd or PdGa) is an intermetallic combination of gallium and palladium. In the Iron monosilicide crystal structure. The compound has been suggested as an improved Hydrogenation#Catalysts, catalyst for hydrogenation reactions. In ...
. Palladides with the
stoichiometry Stoichiometry refers to the relationship between the quantities of reactants and products before, during, and following chemical reactions. Stoichiometry is founded on the law of conservation of mass where the total mass of the reactants equal ...
RPd3 exist where R is scandium, yttrium, or any of the lanthanides.


Occurrence

As overall mine production of palladium reached 208,000 kilograms in 2016, Russia was the top producer with 82,000 kilograms, followed by South Africa, Canada and the U.S. Russia's company Norilsk Nickel ranks first among the largest palladium producers globally, accounting for 39% of the world's production. Palladium can be found as a free metal alloyed with gold and other platinum-group metals in placer deposits of the Ural Mountains,
Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
, Ethiopia, North and South America. For the production of palladium, these deposits play only a minor role. The most important commercial sources are nickel- copper deposits found in the
Sudbury Basin The Sudbury Basin (), also known as Sudbury Structure or the Sudbury Nickel Irruptive, is a major geological structure in Ontario, Canada. It is the third-largest known impact crater or astrobleme on Earth, as well as one of the oldest. The cra ...
, Ontario, and the Norilsk–Talnakh deposits in Siberia. The other large deposit is the Merensky Reef platinum group metals deposit within the Bushveld Igneous Complex South Africa. The Stillwater igneous complex of Montana and the Roby zone ore body of the
Lac des Îles igneous complex The Lac des Îles igneous complex of northwestern Ontario, Canada is a layered gabbroic intrusion which is the host for the largest palladium orebody in Canada. The orebody is currently being mined as a combined open pit and underground operation ...
of Ontario are the two other sources of palladium in Canada and the United States. Palladium is found in the rare minerals cooperite and polarite. Many more Pd minerals are known, but all of them are very rare. Palladium is also produced in
nuclear fission Nuclear fission is a reaction in which the nucleus of an atom splits into two or more smaller nuclei. The fission process often produces gamma photons, and releases a very large amount of energy even by the energetic standards of radio ...
reactors and can be extracted from spent nuclear fuel (see
synthesis of precious metals The synthesis of precious metals involves the use of either nuclear reactors or particle accelerators to produce these elements. Precious metals occurring as fission products Ruthenium, rhodium Ruthenium and rhodium are precious metals produce ...
), though this source for palladium is not used. None of the existing
nuclear reprocessing Nuclear reprocessing is the chemical separation of fission products and actinides from spent nuclear fuel. Originally, reprocessing was used solely to extract plutonium for producing nuclear weapons. With commercialization of nuclear power, the ...
facilities are equipped to extract palladium from the
high-level radioactive waste High-level waste (HLW) is a type of nuclear waste created by the reprocessing of spent nuclear fuel. It exists in two main forms: * First and second cycle raffinate and other waste streams created by nuclear reprocessing. * Waste formed by vit ...
. A complication for the recovery of Palladium in spent fuel is the presence of a slightly radioactive
long-lived fission product Long-lived fission products (LLFPs) are radioactive materials with a long half-life (more than 200,000 years) produced by nuclear fission of uranium and plutonium. Because of their persistent radiotoxicity it is necessary to isolate them from man ...
. Depending on end use, the radioactivity contributed by the might make the recovered Palladium unusable without a costly step of isotope separation.


Applications

The largest use of palladium today is in catalytic converters. Palladium is also used in jewelry,
dentistry Dentistry, also known as dental medicine and oral medicine, is the branch of medicine focused on the teeth, gums, and mouth. It consists of the study, diagnosis, prevention, management, and treatment of diseases, disorders, and conditions o ...
, watch making, blood sugar test strips, aircraft
spark plug A spark plug (sometimes, in British English, a sparking plug, and, colloquially, a plug) is a device for delivering electric current from an ignition system to the combustion chamber of a spark-ignition engine to ignite the compressed fuel/air ...
s, surgical instruments, and electrical contacts. Palladium is also used to make professional transverse (concert or classical) flutes. As a commodity, palladium
bullion Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from t ...
has ISO currency codes of XPD and 964. Palladium is one of only four metals to have such codes, the others being gold, silver and platinum. Because it
adsorbs Adsorption is the adhesion of atoms, ions or molecules from a gas, liquid or dissolved solid to a Surface science, surface. This process creates a film of the ''adsorbate'' on the surface of the ''adsorbent''. This process differs from absorpti ...
hydrogen, palladium was a key component of the controversial cold fusion experiments of the late 1980s.


Catalysis

When it is finely divided, as with palladium on carbon, palladium forms a versatile catalyst; it speeds
heterogeneous Homogeneity and heterogeneity are concepts often used in the sciences and statistics relating to the uniformity of a substance or organism. A material or image that is homogeneous is uniform in composition or character (i.e. color, shape, siz ...
catalytic processes like hydrogenation, dehydrogenation, and petroleum cracking. Palladium is also essential to the Lindlar catalyst, also called Lindlar's Palladium. A large number of carbon–carbon bonding reactions in organic chemistry are facilitated by palladium compound catalysts. For example: * Heck reaction *
Suzuki coupling The Suzuki reaction is an organic reaction, classified as a cross-coupling reaction, where the coupling partners are a boronic acid and an organohalide and the catalyst is a palladium(0) complex. It was first published in 1979 by Akira Suzuki, a ...
* Tsuji-Trost reactions * Wacker process * Negishi reaction * Stille coupling * Sonogashira coupling (See palladium compounds and palladium-catalyzed coupling reactions.) When dispersed on conductive materials, palladium is an excellent electrocatalyst for oxidation of primary alcohols in alkaline media. Palladium is also a versatile metal for homogeneous catalysis, used in combination with a broad variety of ligands for highly selective chemical transformations. In 2010 the Nobel Prize in Chemistry was awarded "for palladium-catalyzed cross couplings in organic synthesis" to
Richard F. Heck Richard Frederick Heck (August 15, 1931 – October 9, 2015) was an American chemist noted for the discovery and development of the Heck reaction, which uses palladium to catalyze organic chemical reactions that couple aryl halides with alkenes ...
, Ei-ichi Negishi and Akira Suzuki. A 2008 study showed that palladium is an effective catalyst for carbon-fluorine bonds. Palladium catalysis is primarily employed in organic chemistry and industrial applications, although its use is growing as a tool for synthetic biology; in 2017, effective ''in vivo'' catalytic activity of palladium
nanoparticles A nanoparticle or ultrafine particle is usually defined as a particle of matter that is between 1 and 100 nanometres (nm) in diameter. The term is sometimes used for larger particles, up to 500 nm, or fibers and tubes that are less than 1 ...
was demonstrated in mammals to treat disease.


Electronics

The primary application of palladium in electronics is in
multi-layer ceramic capacitor A ceramic capacitor is a fixed-value capacitor where the ceramic material acts as the dielectric. It is constructed of two or more alternating layers of ceramic and a metal layer acting as the electrodes. The composition of the ceramic material de ...
s in which palladium (and palladium-silver alloy) is used for electrodes. Palladium (sometimes alloyed with nickel) is or can be used for component and connector plating in consumer electronics and in soldering materials. The electronic sector consumed of palladium in 2006, according to a Johnson Matthey report.


Technology

Hydrogen easily diffuses through heated palladium, and membrane reactors with Pd membranes are used in the production of high purity hydrogen. Palladium is used in
palladium-hydrogen electrode The palladium-hydrogen electrode (abbreviation: Pd/H2) is one of the common reference electrodes used in electrochemical study. Most of its characteristics are similar to the standard hydrogen electrode (with platinum). But palladium has one signif ...
s in electrochemical studies. Palladium(II) chloride readily catalyzes carbon monoxide gas to carbon dioxide and is useful in carbon monoxide detectors.


Hydrogen storage

Palladium readily
adsorbs Adsorption is the adhesion of atoms, ions or molecules from a gas, liquid or dissolved solid to a Surface science, surface. This process creates a film of the ''adsorbate'' on the surface of the ''adsorbent''. This process differs from absorpti ...
hydrogen at room temperatures, forming palladium hydride PdHx with x less than 1. While this property is common to many transition metals, palladium has a uniquely high absorption capacity and does not lose its ductility until x approaches 1. This property has been investigated in designing an efficient, inexpensive, and safe hydrogen fuel storage medium, though palladium itself is currently prohibitively expensive for this purpose. The content of hydrogen in palladium can be linked to
magnetic susceptibility In electromagnetism, the magnetic susceptibility (Latin: , "receptive"; denoted ) is a measure of how much a material will become magnetized in an applied magnetic field. It is the ratio of magnetization (magnetic moment per unit volume) to the ap ...
, which decreases with the increase of hydrogen and becomes zero for PdH0.62. At any higher ratio, the solid solution becomes diamagnetic. Palladium is also used for hydrogen purification via hydrogen-purification membranes.


Dentistry

Palladium is used in small amounts (about 0.5%) in some alloys of dental amalgam to decrease corrosion and increase the metallic lustre of the final restoration.


Jewelry

Palladium has been used as a
precious metal Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. ...
in jewelry since 1939 as an alternative to platinum in the alloys called " white gold", where the naturally white color of palladium does not require rhodium plating. Palladium is much less dense than platinum. Similar to gold, palladium can be beaten into leaf as thin as 100 nm ( in). Unlike platinum, palladium may discolor at temperatures above due to oxidation, making it more brittle and thus less suitable for use in jewelry; to prevent this, palladium intended for jewelry is heated under controlled conditions. Prior to 2004, the principal use of palladium in jewelry was the manufacture of white gold. Palladium is one of the three most popular alloying metals in white gold ( nickel and silver can also be used). Palladium-gold is more expensive than nickel-gold, but seldom causes allergic reactions (though certain cross-allergies with nickel may occur). When platinum became a strategic resource during World War II, many jewelry bands were made out of palladium. Palladium was little used in jewelry because of the technical difficulty of casting. With the casting problem resolved the use of palladium in jewelry increased, originally because platinum increased in price while the price of palladium decreased. In early 2004, when gold and platinum prices rose steeply, China began fabricating volumes of palladium jewelry, consuming 37 tonnes in 2005. Subsequent changes in the relative price of platinum lowered demand for palladium to 17.4 tonnes in 2009. Demand for palladium as a catalyst has increased the price of palladium to about 50% higher than that of platinum in January 2019. In January 2010, hallmarks for palladium were introduced by assay offices in the United Kingdom, and hallmarking became mandatory for all jewelry advertising pure or alloyed palladium. Articles can be marked as 500, 950, or 999 parts of palladium per thousand of the alloy. Fountain pen nibs made from gold are sometimes plated with palladium when a silver (rather than gold) appearance is desired. Sheaffer has used palladium plating for decades, either as an accent on otherwise gold nibs or covering the gold completely. Palladium is also used by the luxury brand Hermes as one of the metals plating the hardware on their handbags, most famous of which being the highly sought after Birkin.


Photography

In the platinotype printing process, photographers make fine-art black-and-white prints using platinum or palladium salts. Often used with platinum, palladium provides an alternative to silver.


Effects on health


Toxicity

Palladium is a metal with low toxicity as conventionally measured (e.g. LD50). Recent research on the mechanism of palladium toxicity suggests high toxicity if measured on a longer timeframe and at the cellular level in the liver and kidney. Mitochondria appear to have a key role in palladium toxicity via mitochondrial membrane potential collapse and depletion of the cellular glutathione (GSH) level. Until that recent work, it had been thought that palladium was poorly absorbed by the
human body The human body is the structure of a Human, human being. It is composed of many different types of Cell (biology), cells that together create Tissue (biology), tissues and subsequently organ systems. They ensure homeostasis and the life, viabi ...
when
ingested Ingestion is the consumption of a substance by an organism. In animals, it normally is accomplished by taking in a substance through the mouth into the gastrointestinal tract, such as through eating or drinking. In single-celled organisms ingesti ...
. Plants such as the water hyacinth are killed by low levels of palladium salts, but most other plants tolerate it, although tests show that, at levels above 0.0003%, growth is affected. High doses of palladium could be poisonous; tests on
rodents Rodents (from Latin , 'to gnaw') are mammals of the order Rodentia (), which are characterized by a single pair of continuously growing incisors in each of the upper and lower jaws. About 40% of all mammal species are rodents. They are nat ...
suggest it may be carcinogenic, though until the recent research cited above, no clear evidence indicated that the element harms humans.


Precautions

Like other
platinum-group metal The platinum-group metals (abbreviated as the PGMs; alternatively, the platinoids, platinides, platidises, platinum group, platinum metals, platinum family or platinum-group elements (PGEs)) are six noble, precious metallic elements clustered to ...
s, bulk Pd is quite inert. Although contact dermatitis has been reported, data on the effects are limited. It has been shown that people with an allergic reaction to palladium also react to nickel, making it advisable to avoid the use of dental alloys containing palladium on those so allergic. Some palladium is emitted with the exhaust gases of cars with catalytic converters. Between 4 and 108 ng/km of palladium particulate is released by such cars, while the total uptake from food is estimated to be less than 2 µg per person a day. The second possible source of palladium is dental restoration, from which the uptake of palladium is estimated to be less than 15 µg per person per day. People working with palladium or its compounds might have a considerably greater uptake. For soluble compounds such as palladium chloride, 99% is eliminated from the body within 3 days. The
median lethal dose In toxicology, the median lethal dose, LD50 (abbreviation for "lethal dose, 50%"), LC50 (lethal concentration, 50%) or LCt50 is a toxic unit that measures the lethal dose of a toxin, radiation, or pathogen. The value of LD50 for a substance is the ...
(LD50) of soluble palladium compounds in mice is 200 mg/kg for oral and 5 mg/kg for intravenous administration.


History

William Hyde Wollaston noted the discovery of a new noble metal in July 1802 in his lab book and named it palladium in August of the same year. Wollaston purified a quantity of the material and offered it, without naming the discoverer, in a small shop in Soho in April 1803. After harsh criticism from Richard Chenevix, who claimed that palladium was an alloy of platinum and mercury, Wollaston anonymously offered a reward of £20 for 20 grains of synthetic palladium ''alloy''. Chenevix received the
Copley Medal The Copley Medal is an award given by the Royal Society, for "outstanding achievements in research in any branch of science". It alternates between the physical sciences or mathematics and the biological sciences. Given every year, the medal is t ...
in 1803 after he published his experiments on palladium. Wollaston published the discovery of rhodium in 1804 and mentions some of his work on palladium. He disclosed that he was the discoverer of palladium in a publication in 1805. It was named by Wollaston in 1802 after the asteroid
2 Pallas Pallas (minor-planet designation: 2 Pallas) is the second asteroid to have been discovered, after Ceres. It is believed to have a mineral composition similar to carbonaceous chondrite meteorites, like Ceres, though significantly less hyd ...
, which had been discovered two months earlier. Wollaston found palladium in crude platinum ore from South America by dissolving the ore in aqua regia, neutralizing the solution with
sodium hydroxide Sodium hydroxide, also known as lye and caustic soda, is an inorganic compound with the formula NaOH. It is a white solid ionic compound consisting of sodium cations and hydroxide anions . Sodium hydroxide is a highly caustic base and alkali ...
, and precipitating platinum as ammonium chloroplatinate with ammonium chloride. He added mercuric cyanide to form the compound palladium(II) cyanide, which was heated to extract palladium metal. Palladium chloride was at one time prescribed as a tuberculosis treatment at the rate of 0.065 g per day (approximately one milligram per kilogram of body weight). This treatment had many negative side-effects, and was later replaced by more effective drugs. Most palladium is used for catalytic converters in the automobile industry. Catalytic converters are targets for thieves because they contain palladium and other rare metals. In the run up to year 2000, the Russian supply of palladium to the global market was repeatedly delayed and disrupted; for political reasons, the export quota was not granted on time. The ensuing market panic drove the price to an all-time high of in January 2001. Around that time, the Ford Motor Company, fearing that automobile production would be disrupted by a palladium shortage, stockpiled the metal. When prices fell in early 2001, Ford lost nearly US$1 billion. World demand for palladium increased from 100 tons in 1990 to nearly 300 tons in 2000. The global production of palladium from mines was 222  tonnes in 2006 according to the United States Geological Survey. Many were concerned about a steady supply of palladium in the wake of Russia's annexation of Crimea, partly as sanctions could hamper Russian palladium exports; any restrictions on Russian palladium exports could have exacerbated what was already expected to be a large palladium deficit in 2014. Those concerns pushed palladium prices to their highest level since 2001. In September 2014 they soared above the $900 per ounce mark. In 2016 however palladium cost around $614 per ounce as Russia managed to maintain stable supplies. In January 2019 palladium
futures Futures may mean: Finance *Futures contract, a tradable financial derivatives contract *Futures exchange, a financial market where futures contracts are traded * ''Futures'' (magazine), an American finance magazine Music * ''Futures'' (album), a ...
climbed past $1,344 per ounce for the first time on record, mainly due to the strong demand from the automotive industry. Palladium reached on 6 January 2020, passing $2,000 per troy ounce the first time. The price rose above $3,000 per troy ounce in May 2021 and March 2022.


Palladium as investment

Global palladium sales were 8.84 million ounces (250.6 tonnes) in 2017, of which 86% was used in the manufacturing of automotive catalytic converters, followed by industrial, jewelry, and investment usages. More than 75% of global platinum and 40% of palladium are mined in South Africa. Russia's mining company, Norilsk Nickel, produces another 44% of palladium, with US and Canada-based mines producing most of the rest. The price for palladium reached an all-time high of $2,981.40 per ounce on May 3, 2021 driven mainly on speculation of the catalytic converter demand from the automobile industry. Palladium is traded in the spot market with the code "XPD". When settled in USD, the code is "XPDUSD". A later surplus of the metal was caused by the
Russian government The Government of Russia exercises executive power in the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russia ...
selling stockpiles from the Soviet Era, at a rate of about 1.6 to 2 million ounces (45.4 to 56.7 t) a year. The amount and status of this stockpile are a state secret. During the Russo-Ukrainian War in March 2022, prices for palladium increased 13%, since the first of March. Russia is the primary supplier to Europe and the country supplies 37% of the global production.


Palladium producers

* Norilsk Nickel (, ), palladium powder and ingots. *
North American Palladium North American Palladium Ltd. is a former Canadian mining company that operated between 1968 and 2019 and that since 1993 operated the Lac des Iles mine in the Lac des Îles igneous complex of the Thunder Bay District of Ontario. The company prim ...
(), Canada's largest producer of palladium operating the Lac des Iles palladium mine near Thunder Bay, Ontario. *
Stillwater Mining Stillwater Mining Company () is a palladium and platinum mining company with headquarters located at Littleton, Colorado, United States. It is the only palladium and platinum producer in the USA. The only other North America based palladium/p ...
(), a major North American palladium miner in Montana.


Exchange-traded products

WisdomTree Physical Palladium () is backed by allocated palladium
bullion Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from t ...
and was the world's first palladium ETF. It is listed on the London Stock Exchange as PHPD, Xetra Trading System, Euronext and Milan. ETFS Physical Palladium Shares () is an ETF traded on the New York Stock Exchange.


Bullion coins and bars

A traditional way of investing in palladium is buying bullion coins and bars made of palladium. Available palladium coins include the
Canadian Palladium Maple Leaf The Canadian Palladium Maple Leaf is the official bullion palladium coin of Canada. It is issued by the Royal Canadian Mint in .9995 purity. The coins have legal tender status in Canada, but as is often the case with bullion coins, the face val ...
, the Chinese Panda, and the American Palladium Eagle. The liquidity of direct palladium bullion investment is poorer than that of gold and silver because there is low circulation of palladium coins.


See also

*
2000s commodities boom The 2000s commodities boom or the commodities super cycle was the rise of many physical commodity prices (such as those of food, oil, metals, chemicals and fuels) during the early 21st century (2000–2014), following the Great Commodities Depress ...
*
2020s commodities boom The 2020s commodities boom refers to the rise of many commodity prices in the early 2020s following the COVID-19 pandemic. The COVID-19 recession initially made commodity prices drop, but lockdowns, supply chain bottlenecks, and dovish monetary ...
*
Bullion Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from t ...
* Bullion coin * Inflation hedge * Pseudo palladium


References


External links


Palladium
at '' The Periodic Table of Videos'' (University of Nottingham)
Current and Historical Palladium Price


* {{Authority control Chemical elements Noble metals Transition metals Precious metals Native element minerals Chemical elements with face-centered cubic structure