What are the challenges associated with using rare and expensive materials?
Several challenges arise with the use of rare and expensive materials in catalysis:
High Costs: The expense of these materials can be prohibitively high, limiting their widespread adoption and prompting the need for cost-reduction strategies. Supply Constraints: The limited availability of these metals can lead to supply chain issues and price volatility. Environmental Impact: Mining and refining of rare metals can have significant environmental consequences, including habitat destruction and pollution.
