Latest news with #Bismuth
New York Times
16-04-2025
- Business
- New York Times
Not Just ‘Rare Earths': U.S. Gets Many Critical Minerals From China
Three years ago, after the pandemic had laid bare the world's vulnerability to supply-chain disruptions, the U.S. government designated a large swath of the periodic table of elements — 50 minerals in all — as 'critical.' The United States obtains more than half of them, including a category of 17 minerals known as 'rare earths,' mostly from China. And this week, China tightened its export restrictions on six rare earths, all but halting U.S. access to new supplies. Here's a look at just how dependent the United States is on China for a broad range of these critical minerals, including rare earths. U.S. relies on China for many critical minerals Share of U.S. imports sourced from China Rare earths Used for catalytic converters, ceramics, glass 72% Bismuth Medical and atomic research 68% Antimony Lead-acid batteries, flame retardants 63% Arsenic Semiconductors 58% Graphite Lubricants, batteries, fuel cells 42% Barite Hydrocarbon production 30% Tungsten Wear-resistant metals 27% Germanium Fiber optics, night vision 26% Tantalum Electronic components 24% Hafnium Nuclear control rods, alloys 22% Gallium Integrated circuits, optical devices 21% Magnesium Alloys, reducing metals 9% Fluorspar Aluminum, cement, steel, gasoline 6% Lithium Rechargeable batteries 3% Rare earths Used for catalytic converters, ceramics, glass, metallurgy, polishing compounds 72% Bismuth Medical and atomic research 68% Antimony Lead-acid batteries, flame retardants 63% Arsenic Semiconductors 58% Graphite Lubricants, batteries, fuel cells 42% Barite Hydrocarbon production 30% Tungsten Wear-resistant metals 27% Germanium Fiber optics, night vision 26% Tantalum Electronic components 24% Hafnium Nuclear control rods, alloys, high-temperature ceramics 22% Gallium Integrated circuits, optical devices 21% Magnesium Alloys, reducing metals 9% Fluorspar Aluminum, cement, steel, gasoline, fluorine chemicals 6% Lithium Rechargeable batteries 3% Rare earths Used for catalytic converters, ceramics, glass Rare earths Used for catalytic converters, ceramics, glass 72% Bismuth Medical and atomic research 68% Antimony Lead-acid batteries, flame retardants 63% Arsenic Semiconductors 58% Graphite Lubricants, batteries, fuel cells 42% Barite Hydrocarbon production 30% Tungsten Wear-resistant metals 27% Germanium Fiber optics, night vision 26% Tantalum Electronic components 24% Hafnium Nuclear control rods, alloys 22% Gallium Integrated circuits, optical devices 21% Magnesium Alloys, reducing metals 9% Fluorspar Aluminum, cement, steel, gasoline 6% Lithium Rechargeable batteries 3% Rare earths Used for catalytic converters, ceramics, glass, metallurgy 72% Bismuth Medical and atomic research 68% Antimony Lead-acid batteries, flame retardants 63% Arsenic Semiconductors 58% Graphite Lubricants, batteries, fuel cells 42% Barite Hydrocarbon production 30% Tungsten Wear-resistant metals 27% Germanium Fiber optics, night vision 26% Tantalum Electronic components 24% Hafnium Nuclear control rods, alloys, high-temperature ceramics 22% Gallium Integrated circuits, optical devices 21% Magnesium Alloys, reducing metals 9% Fluorspar Aluminum, cement, steel, gasoline, fluorine chemicals 6% Lithium Rechargeable batteries 3% Percentages refer to minerals in their raw and refined forms, not finished goods. Uses are listed for illustrative purposes. U.S. Geological Survey, TD Bank By The New York Times China not only mines most of the world's rare earths, it is home to most of the world's capacity for refining them. Refining refers to the process of taking the raw minerals and turning them into compounds that have broad industrial applications, whether in batteries or semiconductors or fiber optics, or even the magnets that enable power steering in most vehicles. Many rare earths have chemical properties that make them heat resistant, so they can be used to create high-quality magnets, glass, lights and batteries. Magnets made from rare earths are significantly more powerful and valuable than other types, particularly in electric-car production. Want all of The Times? Subscribe.
Associated Press
27-03-2025
- Business
- Associated Press
Bismuth Global Strategic Industry Report 2025: Market to Reach $634.9 Million by 2030 - Innovations in Bismuth-Based Catalysts and Chemicals, & Demand from Pharma, Semiconductor and Cosmetics
The 'Bismuth - Global Strategic Business Report' report has been added to offering. The global market for Bismuth was valued at US$450.9 Million in 2024 and is projected to reach US$634.9 Million by 2030, growing at a CAGR of 5.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Bismuth is primarily used in alloys with low melting points, pharmaceuticals, cosmetics, and as a pigment in paints and ceramics. Additionally, it finds application in the production of fire detection and suppression system devices due to its unique thermal properties. The push towards environmentally friendly materials is a significant growth driver for bismuth. As industries and regulatory bodies move away from toxic materials such as lead, bismuth's importance is increasing, particularly in applications such as water systems, plumbing, and solders. These applications benefit from bismuth's non-toxicity and comparable physical properties to lead. This shift is driven by both regulatory changes and growing consumer awareness and demand for safer, more sustainable products. The expanding range of applications in non-toxic pigments and cosmetic products also illustrates the adaptability and safety of bismuth, enhancing its market appeal. Technological advancements in bismuth-based pharmaceuticals represent another major trend. Bismuth compounds are extensively used in medicinal treatments, notably in bismuth subsalicylate (Pepto-Bismol), used to treat minor digestive disturbances. Research into new pharmaceutical applications is ongoing, with recent studies exploring bismuth's antibacterial properties for treating bacterial infections and even cancer. This research is propelling interest and investment in bismuth's pharmaceutical applications, potentially opening new, lucrative markets for the metal. Moreover, innovations in bismuth alloys and compounds are expanding its use in electronic devices and as a component in automatic sprinkler systems, where bismuth's low melting point allows for rapid response to heat. The evolving electronics industry, aiming for more efficient and compact devices, finds these properties increasingly beneficial. Overall, the growing scope of applications, coupled with a shift towards non-toxic materials and advanced pharmaceutical uses, is shaping the future of the bismuth market, promising continued expansion and diversification. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of major players such as ABCR GmbH & Co., KG., ESPI Metals, Fortune Minerals Ltd., Kazzinc Limited, Masan High-Tech Materials Corporation and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Key Insights: Market Growth: Understand the significant growth trajectory of the Bismuth Oxide segment, which is expected to reach US$235 Million by 2030 with a CAGR of a 6.3%. The Bismuth Oxychloride-BiOCI segment is also set to grow at 6.5% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $118.3 Million in 2024, and China, forecasted to grow at an impressive 8.6% CAGR to reach $142.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Product (Bismuth Oxide, Bismuth Oxychloride-BiOCI, Bismuth Subnitrate, Bismuth Subcarbonate, Bismuth Aluminate) Application (Pharmaceutical, Cosmetics, Construction Industry, Automotive Industry, Chemical Industry, Other Applications) Key Attributes: Report Attribute Details No. of Pages 176 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $450.9 Million Forecasted Market Value (USD) by 2030 $634.9 Million Compound Annual Growth Rate 5.9% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Influencer Market Insights World Market Trajectories Bismuth - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) Global Economic Update MARKET TRENDS & DRIVERS Increasing Demand from the Pharmaceutical Industry Growth in the Cosmetics and Personal Care Sector Advancements in Bismuth-Based Alloys and Compounds Impact of Environmental Regulations on Bismuth Production Rising Use in Eco-Friendly and Non-Toxic Applications Expansion of the Electronics and Semiconductor Industries Innovations in Bismuth-Based Catalysts and Chemicals Growing Applications in the Medical Devices Sector Increasing Focus on Recycling and Sustainable Practices Urbanization and Industrialization in Emerging Markets Role of Digitalization and Automation in Bismuth Mining Expansion of Bismuth Applications in Metallurgy Rising Importance of Lead-Free Soldering in Electronics FOCUS ON SELECT PLAYERS: Some of the 23 major companies featured in this Bismuth market report include: ABCR GmbH & Co., KG. ESPI Metals Fortune Minerals Ltd. Kazzinc Limited Masan High-Tech Materials Corporation Nubiola Rare World Metals Mint, LLC Taiyo Koko Co., Ltd. Todini and Co. S.p.a. Y&X Beijing Technology Co., Ltd. For more information about this report visit is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: Copyright Business Wire 2025. PUB: 03/27/2025 09:33 AM/DISC: 03/27/2025 09:33 AM
Bloomberg
17-02-2025
- Business
- Bloomberg
A Little-Known Metal Spikes as China-US Trade Showdown Hits Home
Bismuth — a little-known but critical metal used in defense industries — has spiked to a decade-high after China added the commodity to an export-control list in retaliation for US tariffs. The metal, which is also used in automotive coatings, paints and low-temperature alloys and castings, has surged 38% to $8.25 a pound since the curbs were imposed on Feb. 4, according to data from Fastmarkets Ltd. The restrictions mean that local exporters must first obtain permission for overseas sales.
