Pricey metals lure Australian thieves to strip cars of catalytic converters ...United Arab Emirates

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Pricey metals lure Australian thieves to strip cars of catalytic converters
source : Gulf News ( United Arab Emirates ) () 6
Melbourne: Police in South Australia urged drivers on Wednesday to step up efforts to protect their cars, as thieves target the catalytic converters that scrub exhaust emissions, amid a surge in prices of precious metals. The converters, which strip particulate matter from emissions, contain high volumes of the precious metals platinum and palladium, whose prices touched records this year. "Thefts have occurred in residential driveways, public carparks and on main roads with public presence not seeming to deter offenders," state police said in a statement, adding that the devices were then sold on the secondhand market. After several arrests, they are encouraging owners to mark or engrave t

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