GITNUX MARKETDATA REPORT 2024
Statistics About The Most Expensive Elements
With sources from: rsc.org, livescience.com, jmbullion.com, epa.gov and many more
Sources
In this post, we explore the fascinating world of the most expensive elements, from the rare and precious Rhodium to the synthetic marvel that is Californium 252. With statistics revealing the staggering prices, uses, and unique properties of these elements, we delve into the intriguing realm where chemistry meets economics. Join us on a journey through the world of rare and valuable elements that shape our modern industries and scientific advancements.
Statistic 1
"Rhodium is the most expensive natural element in the world, currently priced at approximately $21,500 per ounce."
Statistic 2
"Californium 252 is the most expensive synthetic element, priced at about $27 million per gram."
Statistic 3
"Approximately 95% of Rhodium is used in automotive catalytic converters."
Statistic 4
"As of 2016, the global market for Californium was about $280 million."
Statistic 5
"In 2015, Gold accounted for 0.05% of the world's total mineral production."
Statistic 6
"The largest producer of Rhodium is South Africa, contributing to about 80% of the world's production."
Statistic 7
"Californium 252 is the most efficient producer of neutrons among all the isotopes, with a decay of about 3 million neutrons per milligram per second."
Statistic 8
"There is only about 190,040 tons of Gold present above ground, which if melted would form a cube of about 21 meters each side."
Statistic 9
"Francium-223, a radioactive metal, would cost approximately 1 billion USD per gram if it could be efficiently produced. The element is the second most expensive substance on earth."
Statistic 10
"Besides Francium, Tritium is one of the most expensive substances on earth, costing around 30,000 USD per gram."
Statistic 11
"In 2020, approximately 3,400 tonnes of gold were produced worldwide."
Statistic 12
"Since its discovery in 1950, less than 30 grams of Einsteinium have been produced."
Statistic 13
"Only about 20 isotopes of Californium have been identified, the most stable of which is Californium-251."
Statistic 14
"Approximately 30% of all Gold in existence is held by central banks and international monetary organizations."
Statistic 15
"Rhodium has a high melting point of 1964 degrees Celsius and a boiling point of 3695 degrees Celsius."
Statistic 16
"The decay of Tritium is relatively slow, with a half-life of about 12.3 years."
Statistic 17
"The most expensive Precious Metal PGMs include Rhodium, Platinum, Palladium, Ruthenium, Iridium, and Osmium, with Rhodium leading at approximately $21,500 per ounce."
Interpretation
In conclusion, the world of expensive elements presents a fascinating mix of natural and synthetic substances, highlighting the intricacies of their production, applications, and market values. From Rhodium's dominance in automotive catalytic converters to the exceptional neutron-producing capabilities of Californium 252, these elements showcase the remarkable diversity and potential of the periodic table. With Gold maintaining its status as a rare and sought-after mineral, and with elements like Francium and Tritium commanding exorbitant prices, the economic and scientific significance of these materials continues to intrigue and inspire. The statistics presented shed light on the nuances of element production, distribution, and properties, offering a glimpse into the complex world of high-value materials.
Jannik Lindner
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