2023 was an eventful year for gallium and germanium. Export restrictions imposed by China once again demonstrated the strength of the People’s Republic’s market power.
The price of hafnium peaked in October 2023. Since then, the price has fallen slightly but remains at a very high level. In this analysis, we classify the current market situation of this technology metal.
The platinum group metal has increased in price by more than 30% within a few days. TRADIUM expert Philipp Götzl-Mamba classifies the current situation of the raw material, which is essential for autocatalysts.
Gallium and germanium are important raw materials to produce microchips and solar panels. Starting in August, China will make the export of both technology metals subject to approval.
The price slide that the markets have experienced in recent months appears to have come to an end. New signs indicate that the market is stabilizing and a possible price recovery is imminent.
The market for rare earths has been on the move since the beginning of the year. Raw materials experts from TRADIUM explain the global supply situation and puts the current situation in context.
The price of hafnium, which is used in aircraft turbines, for example, has risen sharply in recent months. In an interview, raw materials experts from TRADIUM explain the background.