Gallium

Gallium

Gallium is a silvery white metal that melts already at body temperature but only evapo-rates at 2,400 °C, i.e. it remains liquid within an extremely wide temperature range. It is electrically conductive and forms a protective oxide film when in contact with oxy-gen. Due to its unique properties, gallium is suitable for the most varied applications and is, therefore, considered as one of the most critical metals. Gallium is highly re-sistant to heat and solar radiation and is used in alloys in order to decrease their melting point.
The world-wide gallium production is 674 tons (2016).
The most important gallium producing country is China (61.6%).
(Source: Bundesanstalt für Geowissenschaften und Rohstoffe, US Geological Survey)


Fields of application of gallium:

  • Light-emitting diodes (LEDs)
  • Solar panels/concentrators
  • Smartphones and tablets
  • Space technology
  • Semi-conductor material
  • High-performance magnets, electrical motors, sensors
  • Medical thermometers as a substitute for mercury
  • Hydrogen energy technology for the formation of hydrogen
  • High-temperature thermometers
The current gallium price is 378,900 USD/ton.
The price development within the last 12 months
Basis April 2017 (238,000 USD/t) until April 2018
(378,900 USD/t)= +16 %

About SME AG


Saxony Minerals & Exploration AG – SME AG is a stock company that obtained the mining rights and permit to extract the mineral resources tungsten, tin, indium, and other metals.

Address


Saxony Minerals & Exploration AG - SME AG
Schwarze Kiefern 2
09633 Halsbrücke, Germany
Tel.: +49 (0)3731 369 474
Fax: +49 (0)3731 369 472
E-mail: unternehmensanleihe@smeag.de
Copyright © 2019 Saxony Minerals & Exploration AG
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