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Today we will discuss Indium. This rare commercial metal has grown in value in the last few years. The uses of Indium heighten daily. You find Indium in CIGS Thin-Film Solar Cells, LCDs, touchscreens, cellular phones, iPhones, semi-conductors, computers, touch screens, plus photovoltaics. As you can see the uses of that metal are vital to our globe economy. Can you imagine not being able to have touch screens about your iPad, an Android Android phone or your silver screen LCD tv? Indium also makes CIGS Thin-Film Solar Cells more efficient in energy manufacturing. Many of the metals that are essential for products like solar panels, super-conductors plus jet engines are produced as by-products of lead, zinc, copper, manganese or aluminum mining. There is very little probability of increasing manufacturing of indium, gallium, germanium, rhenium, thorium plus tellurium from main mines. Chinese need is growing plus, there are supply constraints. New mines cannot induced flow at the flick of the switch. We need a supply problem with indium in the mid-term future if we continue eating it at the active rate without recycling. As an example, The Korea Times recently revealed that their Ministry of Knowledge plus Finance is slated to add Indium to its critical substances list in June 2011, because the nation's thick hitters, like Samsung plus LG, are dangerously dependent of the element. According to, �¨New Scientist�¨, the recognized reserves of Indium are 16,000 tons with worldwide yearly manufacturing of 600 tons. As you can see inside 2 decades the reserves are depleted. According to Jack Lifton of Tech Metal Research, Indium need critical supply issues in the upcoming 0-5 years. That may ease a bit in the 5-15 yr range. China now has control over 97% % of the supply of Rare Industrial Metals or Technical Metals. The USA currently imports 100% of its Indium from China, Japan plus Canada. Europe imports 95% of its Indium from China, Japan plus Canada. Indium values vary from $1-$5 per gram. Where may the price be in the coming years? Last yr China decided to cut back about its exports of Rare Industrial Metals including Indium. America's Government Accountability Office (GAO) estimates it could take upwards to 15 years for the West to trap upwards with China plus develop alternative supplies. If we base the cost about the basic Supply plus Demand curve, I think we will view horrendously expensive Indium in the near future.
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