RARE EARTH ELEMENTS
DESCRIPTION
Europium demonstrates the highest chemical reactivity, lowest density, and greatest softness among the elements in the lanthanide series. Europium is categorized as one of the scarcest rare-earth elements present on Earth. Europium does not exist in its elemental form in nature.
CHARACTERISTICS
Europium is a soft silvery metal, both are and expensive. It is the most reactive of the lanthanide group: it tarnishes quickly in air at room temperature, burns at about 150 C to 180 C and reacts readily with water. Europium is one of the less abundant rare-earth elements: it is almost as abundant as tin. It is never found in nature as the free element, but there are many elements containing europium. Main mining areas are China and USA. Reserves of europium are estimated to be around 150.000 tons and world production of the pure metal is around 100 tons a year.
Europium belongs to the Lanthanide series and is known as a rare-earth element. It stands out because it is the rarest, softest, least dense, and most reactive rare-earth element. It should be stored beneath a non-reactive fluid because it is very active.
TECHNICAL DESCRIPTION
There are several uses for europium in the modern world. These applications are owing to both its physical and chemical properties. It is typically utilized as a part of an alloy or compound, like majority of other rare-earth metals. Here are some of the applications of Europium. Europium is used to • In Quantum Memory Chips • In Euro banknotes • In Television Tubes • In Control Rod Nuclear Reactor • In Lighting • In Street Lighting • In Laser Materials • In Superconducting Alloys.
SUPPLY
Top 3 Producers: 1° China, 2° Russia, 3° India.
Top 3 Reserve Holders: 1° Chile, 2° Peru, 3° China.
PRODUCT TYPE
Europium
- Standard Europium Ingot 99.9%
- Standard Europium Rod 99.9%
• Packaging, Aluminum or Plastic Boxes Sealed
• Minimum Purchase 1000gr (1kg)
• Other, Standard request contact us.
Our advisors, experts are constantly at your disposal in order to best understand the nature of your needs.
OUTLOOK AND SITUATION
The market value of Standard Europium Ingot, 99.9%, represents approximately 173 US Dollars per gram. Contact us to get the best prices depending on the quantity requested.
The global Europium market size was valued at USD 259.97 million in 2022 and is expected to expand at a CAGR of 4.92% during the forecast period, reaching USD 346.79 million by 2028.
Europium is a rare earth element that is used in various applications, including electronics, lighting, and automotive industries. Rising demand for europium in the electronics industry is driving revenue growth of the market.
SALES PROCEDURES
Our independence (Production) and our international raw material supply network, undoubtedly enable us to provide you with a safe and secure supply with all controls in terms of quality analysis, evaluation, inspections, import and export.
In order to guarantee a long-lasting and professional relationship with our customers, we have implemented a sales procedure allowing prior identification of our customers by opening customer accounts based on the provision of a Customer Buyer’s KYC Form Rare Minerals and Strategic Metals Account Opening, allowing us perfect identification from quotation requests made by consultants (intermediaries) and direct final buyer.
CATALOG MARKET PRICE
Thermo Fisher Scientific (TMO) is a International laboratory listed on the New York Stock Exchange (NYSE – TMO).
