palladium Archives - Marketplace

The war in Ukraine could make stealing catalytic converters more lucrative for thieves

by Sabri Ben-Achour

Mar 22, 2022

They're valuable in part because the palladium inside is expensive. And Russia provides much of the world's palladium.

"You can get anywhere from $60 to $100 in recycling a catalytic converter, but you end up costing the victim thousands of dollars in repairs," says Avo Bagramyan of Automotive in Los Angeles.

Getty Images

LISTEN

EMBED

SUBSCRIBE