10 Most Expensive Minerals in The World
Earth is blessed with quite a variety of minerals that are very important for various activities. They are used to make very important raw materials. There are very valuable minerals in this world, the thing that makes them very valuable is the fact that they are hard to mine and they are very rare. This is the list of the some of the most expensive minerals in the world.
Here is the list of 10 Most Expensive Minerals in The World.
Rhodium
It is very rare and it is in great demand especially to our industries, so the mineral ranked to be among the most valuable minerals. It is highly catalytic and that is why it is used in automated processes in industries. Russia and South Africa are well known producer of the highest quantity of Rhodium. It is sold at average price of $ 56 per gram.
Painite
Painite goes for around $60000 per carat. It is that expensive because it is the rarest mineral in the world. The British were the first ones to discover the mineral back in the 1950s. The one who discovered it is a dealer of gems called C.D Pain. It has a red-orange or red-brownish color. This is due to presence of iron in it. It said to be the most valuable unusable mineral.
Diamond
Diamond is a very valuable stone that plays a very important role in the jewelry business. It goes for about $55000. It is the hardest substance in the world. There are various types of diamonds used in drilling. A natural diamond is formed at very high temperatures and pressure. They are brought near the earth’s surface by volcanic actions.
Read Also : World's Top 5 Most Expensive Smartphones
Black Opal
Out of the various types of opals the black opal is the one that stands out to be the most valuable since it is very rare and very costly. The green opals are easy to find and for that reason they are not as expensive as the black ones. Australia is the country that is known to produce very many valuable black opals.
Gold
Most of the people consider gold to be the most precious and expensive mineral. The truth of the matter is that there are other minerals too which are more valuable than gold. Still gold is highly valuable then many more minerals. It is mined in quite a number of places all over the world and it has many uses but the most known use is that it used to make very jewelry.
Lithium
Lithium is the mineral that was discovered in a pace called Stockholm by Johan arfvedson on August back in 1817. Lithium is a very important ingredient in the manufacturing of batteries that are rechargeable. Without this essential mineral, the rechargeable batteries could not come in to a reality. The country that produces the highest supply of lithium is Afghanistan. That is why it is referred to as Saudi Arabia of Lithium.
Platinum
All over the world platinum is plays a very important role. Despite the fact that it is very rare, the world cannot do without it. Platinum is the mineral that makes high quality cables that are used in supply of electricity because it does not rust and it is durable. Compounds that contain platinum are used to fight against cancer. The above are some of the few reasons why it is a very important mineral.
Read Also : 10 Most Expensive Gemstones in The World
Rubies
Rubies are just gemstones. They are believed to be the most expensive gemstones in the world. That attractive red color they have because of the presence of chromium. Burma is the country that supplies the largest quantity of the mineral. The ones from this country re called the rubies for Mecca.
Blue Garnet
Garnets are known to come in a variety of colors. These colors include purple, blue, brown, yellow and red. The blue garnet is the one that is considered to be of great value. It is among the most recently discovered minerals. It was discovered in 1990 in Madagascar. After that some countries have discovered the minerals and they have made great income from it. These countries include United States, Turkey and Russia. Currently the precious stone is sold for $1.5 million per carat.
Jadeite
Many of you are not familiar with the name jadeite, the mineral is also referred as Mysterious mineral. The mineral is very rare and very hard to mine that is why it is very expensive. The only places that it is mined are Mexico and Guatemala. The price of the precious stone increases as time goes by and right now, it is estimated to be $ 3 million per carat.
These minerals are very rare to find which makes them to be of great value. They 10 Most Expensive Minerals in The World.
