Group 1 - The core focus of the article is on the rising value and demand for ruthenium trichloride in the precious metal recycling market, driven by technological advancements and industrial growth [1] - By early 2025, the recycling price of ruthenium trichloride is projected to stabilize at approximately 30,000 RMB per kilogram, reflecting a 5% increase compared to the previous year, indicating strong market demand and resource scarcity [2] - The actual transaction price of ruthenium trichloride is influenced by various factors, including material purity, real-time market demand, and fluctuations in the international metal market [4] Group 2 - The supply of ruthenium trichloride is constrained by limited natural resource extraction and high costs associated with mining, alongside the efficiency of recycling processes [5] - Global economic integration means that price fluctuations of ruthenium and its compounds have significant international transmission effects, impacting domestic recycling markets [6] - Technological innovations have improved the efficiency of extracting ruthenium trichloride from waste, lowering recycling costs, while stricter environmental regulations have enhanced the value of high-quality recycled materials [8][9]