EMC 1.92% 13.3¢ everest metals corporation ltd

Rubidium market info, page-6

  1. 57 Posts.
    lightbulb Created with Sketch. 14
    Did some research on qualified reports.

    As everyone sates, the annual market in 2023 was 6.36 tons.
    Expected to grow to 7.94 tons by 2028.
    Such estimations are of course made on current market conditions and fact and do not take into account the fact of "if you build it they will come", ie if there is more available, thinking of new uses, and consideration of it as a viable option in any case, would assisted greatly by a much larger availability at probably a lower price meaning suddenly it becomes a viable material for industry to use larger scale. That is the key. Being the first or one of the first large scale market makers puts EMC into pole position to secure solid off-takes for years to come when the frenzy hits

    Similarly any exponential advance in technologies requiring Rubidium could happen at any time in he next couple of years.

    Prices:
    Average prices for Rubium forms in 2023 for 10gm at 99.8% purity were as follows:
    Rubidium Acetate: $65.60
    Rubidium Bromide: $93.60
    Rubidium Carbonate: $63.10
    Rubidium Chloride: $80.10
    Rubidium Nitrate: $60.20

    The total market sales for 2023 were approx USD $115.800,000,000






 
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