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.