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Hafnium is estimated to make up about 5.8 ppm of the Earth 's upper crust by mass.
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Hafnium min 99% max 0.5% Zr du Rotterdam prices USD/kg Argus brings transparency to the global metal markets through its independent price assessments and unbiased reporting. Currency: Unit: Data Points: Prices for PA0017736 Historical export Add to notifications Add to workspace Included with the following product: Argus Non-Ferrous Markets Chart
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Hafnium Latest on minor metals. Asian black mass markets begin new year in largely bearish mood. London, Shanghai Jan 5, 2024 @ 21. Antimony metal prices in Rotterdam rise on limited availability, high freight costs; ATO prices up too. London Jan 4, 2024 @ 13:15 Chinese silicon export prices surge to seven-month high on higher shipping.
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Prices & data - Hafnium prices Hafnium prices Export Add to notifications Add to workspace Argus price assessments cover the most active trading regions for each commodity.
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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.
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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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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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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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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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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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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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Simply put, the laws of supply and demand determine the price of this strategic metal, as they do with all other commodities. As mentioned above, hafnium is a critical component in several industries. So, for example, if the demand for jet engines or Intel Pentium increases, so will the demand for hafnium.