Average Cost of Gallium 2011

The average cost of gallium is $15 per gram in 2011. Gallium prices have been increasing from the start of 2011 as the material from major Chinese producers dropped in availability. The prices have gone up by $25 to $30 per kg since January 2011 and are likely to witness further surge through the Chinese New Year in early February. Supplies are holding back stocks, hoping to cash in on the likely increase. The Department of Energy has listed gallium as a critical material for the nation’s clean energy future. In its recent report, it has found gallium to be the third most critical element in terms of the country’s clean energy objectives.

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