Palladium is a rare, silvery-white metal that belongs to the platinum group of metals. It is known for its excellent resistance to corrosion and oxidation, making it valuable in various industrial applications. Palladium is primarily used in catalytic converters for vehicles, where it helps reduce harmful emissions by converting toxic gases into less harmful substances. In addition to its role in automotive technology, palladium is also used in electronics, dentistry, and jewelry. Its unique properties, such as high melting point and ability to absorb hydrogen, make it an essential material in many high-tech applications. The demand for palladium has increased significantly in recent years due to its importance in sustainable technologies.