Today’s idiot business idea

Rhodium is about $35,000 a troy ounce. Rhodium is produced in nuclear reactors.

I know a bloke in Iran. I used to know a bloke in N Korea. I know a bloke at a platinum group metals refiner. So, get them to organise extracting the Rh from the spent fuel and profit!

Unfortunately, the Rh extracted is itself a radioactive isotope.

Now, that drawing board, where is it?

17 thoughts on “Today’s idiot business idea”

  1. Bloke in North Korea (Germany Province)

    Any venture like this provides such a huge range of creative ways to die in such stunningly exotic locations that it can only be your script for the next Bond movie.

  2. We actually have found the Philosophers’ Stone, since we can make gold out of “base metals” nowadays.
    Even more impressive, it’s both Fool’s Gold and Fairy Gold at that, since it will kill you and turn into something else eventually.

    Three myths into one! Call us to get your hands on a piece of history in easy montly payments!

  3. I have had business dealings with North Korea. Back when it was legal to do so. Even bribed a North Korean KGB guy. Back when it was legal to do so….$10,000 in cash.

  4. Surely the name Rhodium is wholly unacceptably racist and colonialist.

    I propose it be renamed Floydium for obvious reasons.

  5. Well, yes, and I can imagine the demand. Except it was named in 1803 after the rose colour of a salt……

  6. What’s the total throughput of rhodium per annum? There’s a few microns used on jewellery plating. That used in car catalysers is pretty well a closed loop, isn’t it? Recycled. And cats will be phased out soon along with ICE’s if the e3nvironutters get their way. Can’t see there’s any money in it, radioactive or not. (S’pose you could use the short halflife stuff in catalyser applications. The emissions dangers would be trivial)

  7. I have had business dealings with North Korea.

    Was that carefully different to business dealings in North Korea?

    Even bribed a North Korean KGB guy.

    He’d better hope there isn’t a real bloke from North Korea visiting the comments section.

  8. “Surely the name Rhodium is wholly unacceptably racist and colonialist.
    I propose it be renamed Floydium for obvious reasons.”

    “Well, yes, and I can imagine the demand. Except it was named in 1803 after the rose colour of a salt……”

    Um…are you saying that it’s pink?
    The ore it comes from sounds very progressive.

    Sorry.

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