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Iridium is a precious metal that is part of the platinum group of metals. It is a rare, silvery-white metal that is highly resistant to corrosion and oxidation. It is used in a variety of industrial applications, including electronics, automotive, aerospace, and medical. Iridium is also used in jewelry and coins, and is often alloyed with other metals to create a more durable product.
Iridium is traded on the commodities market, and its price is determined by supply and demand. The market for Iridium is relatively small compared to other precious metals, but it is still an important part of the global economy.
Companies in the Iridium market include Johnson Matthey, Umicore, Heraeus, and Tanaka Precious Metals. These companies are involved in the production, refining, and trading of Iridium. They also provide services such as consulting, research, and analysis. Show Less Read more