Thought for the month
“Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.” Maire Curie, Scientist (1867-1934).
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.