Rhodium Blackout: Choking the Auto Industry

How did a microscopic, virtually unknown precious metal manage to bring the entire global automotive manufacturing industry to its knees in a matter of weeks? The 1989 Rhodium Blackout is a terrifying masterclass in the absolute fragility of international industrial supply chains. Rhodium is the crucial chemical catalyst required to scrub toxic emissions from car exhausts. In the late 1980s, the...