Hafnium Facts, Symbol, Discovery, Properties, Uses
Prices of the metal, valued for its anti-corrosive properties and used to make control rods for nuclear reactors, have shot up to $4,500-$5,000 a kg from $1,200-$1,400 a kg a year ago, traders.
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Zirconium and hafnium are contained in zircon at a ratio of about 50 to 1. Zircon is a coproduct or byproduct of the mining and processing of heavy-mineral sands for the titanium minerals, ilmenite and rutile, or tin minerals. The major end uses of zircon are refractories, foundry sands (including investment casting), and ceramic opacification.
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The current price of Hafnium is between $4,500-$5,000 a kg from $1,200-$1,400 a kg a year ago.
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Hafnium metal 99.4%. from $5.00. Hafnium is rare and expensive primarily because it's so hard to get it separated from zirconium, a sister element that is chemically nearly identical. Although the two are so similar chemically hafnium is much rarer thus adding to the expense. Due to the rarity and difficulty in preparing, hafnium's price has.
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The global hafnium market size was valued at USD 155.52 million in 2022 and is projected to grow from USD 396.07 million in 2023 to USD 669.77 million by 2030, exhibiting a CAGR of 7.8% during the forecast period. Hafnium is a lustrous silvery gray tetravalent transition metal usually found in zirconium minerals.
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Global supply of pure hafnium metal — as needed by the aerospace industry — is estimated at just 70-75t/yr. Production is concentrated in just four countries — France, the US, China and Russia.
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Hafnium is estimated to make up about 5.8 ppm of the Earth 's upper crust by mass.
Hafnium Facts, Symbol, Discovery, Properties, Uses
Rare Earth Element Prices Dysprosium Price Dysprosium The current price of Dysprosium is $548.30 per kg. The Year to Date price change is -6.66% Since Jan 2020 Dysprosium is up +58.82% Neodymium Price Neodymium The current price of Neodymium is $109.00 per kg. The Year to Date price change is -3.71% Since Jan 2020 Neodymium is up +67.69%
Hafnium Periodic Table
In 2019, prices of pure Hafnium were at around 1200 $/kg. The heavy mineral sands ore deposits of the titanium ores ilmenite and rutile yield most of the mined zirconium, and therefore also most of the hafnium.
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LONDON, Nov 19 (Reuters) - The price of nuclear and aerospace metal hafnium has surged to an all-time high as shrinking supplies fail to catch up with demand from consuming industries, traders said.
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Argus ' assessment for 99pc grade hafnium with 1pc zirconium rose to $2,220-2,500/kg in warehouse Rotterdam on 8 November, up from $1,800-2,000/kg on 3 November and their highest level since Argus ' assessment was launched in 2015.
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According to the British Petroleum (BP) Plc statistics, global electricity generation in 2021 was 28,466.3 Terawatt-hours (TWh), registering a growth rate of 6.2%, compared to 26,889.2 TWh in 2020.
