“…The employment of noble catalysts, however, is limited due to their scarcity, high cost (Engler et al, 1995), toxicity (Klaasen, 1996;Palacios et al, 2000), and inability to function in a lean-burn engine exhaust (Subbiah et al, 2003). As of July 15, 2005, the prices per ounce of platinum, palladium, and rhodium were $857, $182, and $2,005, respectively (www.kitco.com).…”