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Ruthenium is a rare, silvery-white transition metal belonging to the platinum group of metals. It is used in a variety of industrial applications, including electronics, automotive, and aerospace. It is also used in the production of catalysts, which are used to increase the efficiency of chemical reactions. Ruthenium is also used in jewelry and coins, and is considered a precious metal.
Ruthenium is a relatively rare metal, and its price is highly volatile. It is traded on the London Metal Exchange, and its price is determined by supply and demand. The demand for ruthenium is driven by its use in industrial applications, as well as its use in jewelry and coins.
Ruthenium is mined primarily in Russia, South Africa, and Canada. It is also produced as a by-product of platinum and nickel mining.
Some companies in the ruthenium market include Johnson Matthey, Umicore, Heraeus, and Anglo American Platinum. Show Less Read more
