Take a look at the below list of top 10 most expensive minerals in the world 2017. It is common knowledge that the planet Earth contains mineral wealth which is commonly used by mankind for different purposes. Some of these minerals have such a tremendously high value. Minerals such as gold and lithium play a key role in making of the world trade economy. Countries that possess a lot mineral have been known to play a key role in world trade economy and also have very stable economies as a result of these minerals. But we have never taken our time to ask ourselves of which are the most expensive and valued minerals? Below is a list of some of these most valued and expensive minerals in the world.
List Of Top 10 Most Expensive Minerals in The World 2017
10. Rhodium, Top 10 Most Expensive Minerals in The World 2017
Due to its industrial application and rarity, this silver-white noble metal is one of the world’s most valuable and expensive mineral. Rhodium is one of the most popular minerals in the world because of its most valued catalytic application normally used in the automotive industry. The biggest supply of Rhodium was found in the year 2009 in Russia and South Africa and has an average price of $56 per gram.
This is also one of the most valuable and expensive minerals in the world. It’s used to produce a variety of items which are priced highly. This mineral cost around 60,000 USD per karat. Painite is known to be among the hardest stones to locate and at the same time the rarest minerals in the whole world. It was first discovered in Myanmar in the year 1950 by a British gem dealer by the name Arthur C.D. Pain.
Commercially diamond is the most known mineral due to its various roles in jewelry trading. It is used in the production of various jewelry products which are priced highly due to its prestigious and alluring nature. The average trading value of diamond on the world market is approximated to be around $55,000 per gram. Therefore diamond remains to one of the most expensive minerals in the world due to its prestigious and alluring nature.
7. Black Opal
It is approximated that around 95% of all the world’s supply of this mineral are harvested from Australia, thus this mineral is best known or called the national gemstone of Australia. It is also found in Brazil, Mexico, Ethiopia and the US. The average price of Black Opal is around $2.350 per karat. It remains to one of the world’s rarest minerals and the same time very expensive.
Platinum is one of the rarest but very expensive minerals in the world. It is used in making various jewelry products which are priced highly. This lovely silvery metal is highly priced on the world market at $60 per gram. Some of the countries that you can find this mineral are Russia, Canada, and South Africa. Platinum remains to be among the world’s most expensive substance.
Many people often think or say that is the most expensive and most valuable mineral in the whole world, but this is not the case since there are other types of minerals that have greater value than that of Gold. However, Gold is still one of the highly valued and expensive minerals in the world. It used in jewelry world where its products are very expensive. It is worthy around $56 per gram in the world trade market.
This mineral is considered as one of the most expensive gemstones globally. They have such a beautiful and alluring red color due to the presence of chromium in them. Real ruby stones are used to make expensive jewelry. The products made from these minerals are highly priced due to its value. This gemstone is also rare to find and thus makes it one of the rarest minerals in the world. The biggest supply of Rubies came from Burma where it was harvested, which is also called the mecca for the rubies.
This mineral is best known by the name “mysterious mineral”. Jadeite is among the most valuable and most desired minerals in the world. It is a very rare kind of mineral and thus very difficult to find. It is mostly found in Mexico and Guatemala where it is mostly harvested. Some of its products are highly priced and that is why it one of the most expensive gemstones in the world. The value of this emerald green mineral on the world market keeps on increasing but going by the recent calculations say its market value is approximated to be around $3 million karats.
2. Blue Garnet
The garnet gemstone can be got in different colors such as orange, green brown, yellow, red, purple and pink. However, among these various colors, the blue garnet stands as the one with the most considerably highly valued. Blue garnet was first discovered in Madagascar in the early 1990s, and from then has been harvested in Turkey, United States and Russia. Its current world market value is around $1.5 million per karat.
Lithium is a common mineral that has crucial ingredients used in the manufacturing of rechargeable batteries. It was first discovered in Stockholm in the year 1817 by a Swedish chemist called Johan August Arfvedson. This mineral is highly valued and very expensive. The biggest supply of this mineral comes from Afghanistan, where people have hailed this country as the most producing country of Lithium and was also recognized by the Pentagon.
These are the Top 10 Most Expensive Minerals in The World 2017. We have much more minerals in the world, the list is endless. But the ones mentioned above contain the most expensive and most valuable ones. Lithium is regarded as the most expensive mineral in the world as of now.