Thought for the month
“You do ill if you praise, but worse if you censure, what you do not understand.” Leonardo da Vinci, Italian Renaissance polymath (1452 – 1519).
Friday, 15 April 2011
Indium as well
Supply chain issues for materials such as gallium and indium have been known for some time. According to a new report from NanoMarkets the price of Indium is heading to more than $1,000/kg. China is the world’s largest supplier of indium, having about three-quarters of world reserves and around half of production. Japanese indium users, who currently use 70% of China’s indium production may find themselves short of indium within a year. NanoMarkets expects firms in countries that have not been large suppliers of indium (eg Australia, Canada, Laos and Peru) to explore new extraction approaches to get into the market.