Gadolinium Usage
While was discovered in 19th Century , this metallic element was not used much until relatively recently. Today, gadolinium is used in manufacturing appliances and computer hardware, metalworking and medical imaging.
- Appliances. Gadolinium is used in making certain parts of microwaves and phosphors for color televisions.
- Computer hardware. Gadolinium compounds are used in making computer memory chips. Other related gadolinium applications include its use in manufacturing compact discs.
- Metalworking. Gadolinium can be alloyed with chromium, iron and several other metals to improve their workability and resistance to high temperatures and oxidation.
- Medical Imaging. While the best known medicinal application of gadolinium is its use as a contrast agent during MRI/MRA scans, it is also used in other imaging studies. For example, gadolinium is used in X-ray imaging and positron emission tomography (PET) studies.
Gadolinium prices saw a significant rise this year , Currently a 99% pure Gadolinium metal is sold around 155.00 USD / KG , for a comparison Year ago it was sold for 20 USD / KG , this a annual Change.
Gadolinium price chart
Investing in Gadolinium
Lynas ( OTC : LYCNF) : reported less than a 1% of Gadolinium in ore breakdown of Mt Weld project.
MolyCorp ( NYSE : MCP ): reported a 0.2% of Gadolinium in ore breakdown of Mt Pass Mine project.
Avalon Minerals (NYSE : AVL): reported existence Gadolinium in ore breakdown of Thor Lake project.
Rare Element Resrouces ( NYSE : REE ): reported existence Gadolinium in ore breakdown of Bear Lodge project.
Quest Rare Minerals ( TSX-V: QRM ): reported existence Gadolinium in ore breakdown of Strange Lake project.
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