In this Article, We Share the list of the Top 10 Most Expensive Elements on Earth. Don’t Waste time Let’s Start!!!!
Chemical elements are the foundation of all the things we see all around us. There are 118 known elements that are naturally occurring, including silver, iron and gold and others that are synthetic, examples of which are curium as well as the element californium. This list includes 10 elements of the earth that are very rare and some have high demand in the marketplace and make them one ones of the more expensive substances on earth.
Top 10 Most Expensive Elements on Earth
1. Francium – $1 billion per gram
While one Gram of francium has not been detected. Because the half-life for this substance is approximately 22 minutes, this means that any visible amount of the element would instantly evaporate. It is thought that francium will appear as an extremely reactive metal. The biggest amount of this element ever to have been created in the lab was one of the largest clusters of 300,000 atoms. If someone wants to purchase one gram of this element one could expect to spend a minimum of one billion dollars. However, nobody would want to pay billions to buy something that disappears within a few minutes and is of absolutely no use in the real world.
2. Californium — $25-27 million per gram
The element was first discovered in the year 1950 by the University of California Radiation Laboratory in the 1950s, when curium was bombarded using alpha particles. Since then, only a few grams of it has been created. The estimated price of one gram of californium is approximately $27 million. This is a perfect fit given the fact that global production of californium is about half grams per year.
3. Carbon – $65,00 per gram
Carbon is among the most important elements of living. However, a substantial portion of it is in our bodies, elements like graphite and coal aren’t as expensive as we are aware. However, if carbon atoms are arranged in a specific order, it can be extremely valuable. As a diamond, carbon could be as expensive as $65,000 per kilogram.
4. Plutonium — $4,000 per gram
The most significant use for plutonium, as you may have guessed, is used in nuclear weapons as well as nuclear reactors. Both plutonium-239 and the plutonium-241 is fissile, which means that they can be used to sustain an nuclear chain reaction. Plutonium is extremely radioactive, which is why it is extremely hazardous to handle. But, if you’re interested in purchasing this element, be prepared to pay at minimum $4000 for a kilogram.
5. Scandium – $270 per gram
Scandium is a different rare earth metal which has a an expensive price due to its the rarity. In the 1970s, it was noticed that scandium had positive effects in aluminum alloys. Today, its use in alloys made of aluminum is the only significant use for it. The worldwide trade in scandium oxide amounts to about 10 tonnes per year and it costs about $270 per kilogram.
6. Lutetium – $69 per gram
Lutetium is also counted among rare earth metals. But unlike lanthanum, lutetium has very few commercial uses. However, stable lutetium can be used as catalysts in petroleum cracking in refineries and can also be used in alkylation, hydrogenation, and polymerization applications.
7. Lanthanum – $64 per gram
Lanthanum is a silvery white metallic element. It is so soft that you can cut it using the help of a knife. It’s also one of the rare earth metals. as a pure metal, it’s not very useful. However, its compounds can be found in many applications in a variety of disciplines. It can be used in catalysts carbon arc lamps, projectors and studio lights and ignition elements in torches and lighters as well as electron cathodes, scintillators GTAW electrodes and many more. Due to the fact that it is a rare element, the cost of this component is rather high.
8. Platinum — $60 per gram
Platinum is a further low reactive metal that is extremely low reactive. It is extremely resistant against corrosion even in extremely high temperatures. Because of its rarity, only a handful of tonnes are produced each year. Apart from being used as jewelry, it also has a variety of applications that can be used in a variety of areas like dentistry, automobiles, and even medicine.
9. Rhodium — $58 per gram
The main application for Rhodium is in the automobile industry. It is utilized as catalyst in 3-way converters for catalysis. The main benefit for this particular metal lies in its ability to resist against corrosion as well as the most harmful chemicals. Rhodium is also utilized in jewelry. Particularly, as a fine plating over white gold, to enhance its appearance. Sterling silver is usually rhodium-plated to provide the resistance to tarnish.
10. Gold : $56 per gram
Gold is among the most commonly utilized elements around the globe particularly in jewelry. The majority of ancient civilizations in the world believed that this metal was precious. The science also proves that certain characteristics of gold make it the ideal material for electronic applications, even though its high price is the main obstacle to using the metal in wiring. Therefore, we’re left with inferior and less costly alternatives. Gold in its purest form is a brilliant mildly reddish, soft malleable, ductile, and malleable metal. Gold is among the most sought-after rare earth elements, which makes it the tenth-highest priced element on earth.