Word: krellenstein
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...going price for platinum sold by producers (about $120 per oz.), each new car sold with a platinum converter would contain about $12 worth of the substance. There also are geopolitical problems: the bulk of known platinum reserves lies in South Africa and the Soviet Union. Says Lester Krellenstein, a metals expert at the Manhattan brokerage house of Bache & Co.: "G.M. alone is experimenting with about 600 compounds to find another way to meet the emission standards...
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