William Hyde Wollaston has become wealthy by…
1803 CE
William Hyde Wollaston has become wealthy by developing the first physico-chemical method for processing platinum ore in practical quantities.
in the process of testing the device, he discovers the elements palladium (symbol Pd) in 1803 and rhodium (symbol Rh) in 1803.
Rhodium is from the Greek rhodon, rose, after the red color of several of its compounds.
His process for making platinum malleable makes possible the metal's commercial use for laboratory apparatus and other purposes.