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Chemical Formula: Ga Description: Lustrous silver metal Commercial Purities: 99.99-99.9999% Packing: 100g, 500g, 1kg & 2.5kg plastic bottles CAS No: 7440-55-3
Gallium Price:
Demand for gallium has grown along with our demand for hand-held and communication electronics, particularly smart phones. This is because over 90 percent of all gallium is ultimately used in the production of semi-insulating and semiconductor light-emitting diode (LED) technologies that that are integral to modern telecommunication. More than half is used to produce gallium arsenide (GaAs) wafers, which work to help to keep integrated circuits in our electronic devices functioning properly without over-heating.
Not surprisingly then, consumption of gallium rose has grown with global appetite for these devices. Between 2000 and 2008, the average gallium metal price (99.99% min.) ranged between US$ 200 and US$ 400 per kilogram. Sudden growth in demand for LEDs from smart phone and flat screen display producers, as well as government-led initiatives to encourage the use of more energy efficient lighting, resulted in a surge of demand for gallium between 2009 and 2011.
The result was a shortage of the metal and a jump in prices, which peaked around US$ 1000 per kilogram in early 2011. Since that time, gallium refiners have rushed to install more capacity.
Between 2011 and 2014, global gallium production capacity more than doubled to about 500 metric tonnes annually. Prices have responded accordingly, dropping back to their long-term average.
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