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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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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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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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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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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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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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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 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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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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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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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.