The newspaper emphasized that the Libyans are selling these transformers because of their high price, because they contain the element palladium, and noted that since the European Union set new standards to reduce CO2 emissions from cars in 2014, the price of palladium has been dramatically has increased for use in these transformers as it has reached a value of 2590. Dollar per ounce, more than the current gold value of $ 1,640.
The paper pointed out that this mineral has become a source of wealth for some Libyan families, as environmental protection is a luxury in times of war and hunger.
“I heard from my friend that I have hidden treasure in my car,” citizen Hisham bin Sariati told the newspaper. Due to the dry economy, delayed salaries and high prices, I went with my friend to a carbon dealer who had a specialized workshop for this purpose and put up a large sign detailing the nature of his job. .
He added: “He had a number of African workers who were busy dismantling the catalytic converters and handing them over to the workshop manager, who weighed them using the scales he placed on his desk, along with enormous sums of vulnerable money. . “
Prices vary from dealer to dealer Salem Al-Ajili, the owner of one of the carbon trading workshops, stated that buying by weight does not convey the true value of the product to the seller. The value is displayed based on the prices listed in a special catalog, and then the price is estimated based on the current value of the dollar.
Hussein Al Mahdi, a worker in one of these workshops, explained: “The number of cars brought to the workshop varies every day, it depends on the money available to people. Some days we work on five cars, and on other days we get 35 to 50 cars, and prices range from 500 to 6000 Libyan dinars ($ 370 to $ 4430), depending on the quality of the metal.