The catalyst itself, most often a precious metal. Platinum is the most active catalyst, and is widely used. However, it is not suitable for all applications because of unwanted additional reactions and/or cost. Palladium and rhodium are two other precious metals that are used, Palladium as a substitute for Platinum in three-way catalytic converters, and Rhodium is the material that makes a three-way reaction possible. Cerium, iron, and nickel are also used, though each has its own limitations. Nickel is not legal for use in the European Union (nickel hydrate formation). While copper can be used, its use is illegal in North America due to the formation of dioxin.