Important for Aircraft Engines and Medical Instruments: Iridium
iridium as physical asset
The price development of iridium over the last five years.
The annual output amounts to around 10 tons and comes mainly from mines in South Africa. By 2040, demand for iridium could rise to as much as 34 tons, predicts the German raw materials agency DERA.
However, due to the complex extraction process, the agency does not believe that a significant increase in production is possible. The precious metal is thus threatening to become scarcer and significantly more expensive.
Managing Director Matthias Rüth (pictured) and Maximilian Vogler, Manager Private Customers, personally deal with questions and concerns from interested parties.
Phone: +49 (0)69 50 50 250-262
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properties of iridium
Iridium is one of the rarest metals in the world. The super-hard and silvery-glossy precious metal occurs in such small quantities that it does not form deposits. This precious metal is obtained as a by-product in platinum mining, which in turn is tied to the mining of copper, iron, nickel, tin and lead.