What are the Challenges Associated with Iridium Catalysts?
Despite their numerous advantages, iridium catalysts face certain challenges:
High Cost: Iridium is a rare and expensive metal, which can increase the overall cost of catalytic processes. Limited Availability: The scarcity of iridium can limit its widespread use, especially in large-scale industrial applications. Environmental Impact: The mining and extraction of iridium can have environmental repercussions, necessitating the development of more sustainable methods.