US EditionDecline in Catalytic Converter Thefts Highlights Value of Platinum Group Metals
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Decline in Catalytic Converter Thefts Highlights Value of Platinum Group Metals
Thefts of catalytic converters in the U.S. have seen a notable decrease, a trend that sheds light on the intrinsic value of the platinum group metals (PGMs) these components contain. In 2022, New York City alone reported 5,548 such thefts, a figure that has since declined, pointing to the effectiveness of law enforcement efforts and the heightened awareness among vehicle owners. Catalytic converters play a crucial role in reducing vehicle emissi…
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