rare and expensive materials

What are the potential solutions to these challenges?

Several strategies are being developed to address the challenges associated with rare and expensive catalytic materials:
Catalyst Recycling: Recovering and reusing precious metals from spent catalysts can help mitigate supply issues and reduce costs.
Alternative Materials: Research is ongoing to find more abundant and less expensive materials, such as transition metals, that can perform similarly to precious metals.
Catalyst Design: Advances in nanotechnology and catalyst design are enabling the development of more efficient catalysts that require smaller amounts of precious metals.

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