D Block Metals News & Information

The IRA has significant implications for the metal recycling industry, as it affects the supply and demand of metal products, which in turn affects the prices of these products.

With the governments around the world pushing for cleaner energy and alternative modes of transportation, the demand for copper is expected to continue to grow in the coming years.

Starting in the last quarter of 2019, the price per ounce of Rhodium began to skyrocket when compared to the other metals classified within the PGM(Precious Metals Group). Today, Rhodium is considered the most valuable precious metal on the market.

Hafnium costs a consumer a conservative $1,632.40 per kilogram at the start of 2022. As of November 2022, the price has skyrocketed to a whopping $3,136.10 for the same amount.

The sudden demand for Lithium at current prices has dubbed it the nickname “white-gold” in lieu of the famous California Gold Rush of 1848.

With the price of Palladium reaching an all-time high of $3,099USD per ounce in March 2022 and global demand over 3 times greater than it was in 1990; Palladium is currently(October 2022) being traded at a higher price than Gold within commodity markets around the world.