How is Technology Improving Raw Material Sourcing?
Advancements in technology are playing a significant role in improving raw material sourcing for catalysis:
- Recycling: Techniques for recycling and reclaiming precious metals from used catalysts are becoming more efficient, reducing the need for fresh raw materials. - Alternative Materials: Research into alternative, more abundant materials is ongoing. For example, exploring the use of base metals as substitutes for precious metals. - Artificial Intelligence: AI and machine learning are being used to optimize supply chains and predict market trends, ensuring a more stable and cost-effective supply of raw materials. - Green Chemistry: Methods that minimize waste and reduce the environmental impact of raw material extraction and processing are being developed and implemented.
