Monthly prices for iridium worldwide 2020-2021

Published by Statista Research Department, Mar 25, 2024
The average annual price for iridium in 2020 was 2,550 U.S. dollars per troy ounce. The price of iridium dramatically increased in March 2021, to 6,000 U.S. dollars per troy ounce as a result of supply shortages combined with its prospective use to produce green hydrogen.

Iridium is a transition metal and a platinum group metal. It is one of the most corrosion-resistant metals and is also one of the rarest elements in the Earth's crust.

Average monthly iridium price worldwide from March 2020 to March 2021 (in U.S. dollars per troy ounce)

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Release date

2021

Region

Worldwide, United Kingdom (England)

Survey time period

March 2020 to March 2021

Supplementary notes

Price data are monthly averages of daily selling prices for wholesale quantities of iridium set by trading desks in the London (morning fixing) based on market offer prices. The price refers to iridium metal in sponge form with minimal purity of 99.9 percent.

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