The 10 Most Expensive Minerals in the World

10 – Rhodium

Because of its rarity and industrial application, this silver-white noble metal is the world’s most expensive mineral. Rhodium became popular as a result of its highly valued catalytic application in the automotive industry. The largest supply of this mineral was found in 2009 in South Africa and Russia, and its average price is $56 per gram.

Rhodium

9 – Painite

Painite costs 60,000 dollars per carat and is known to be the “hardest to locate” and one of the rarest minerals in the world. This mineral was first discovered in Myanmar in 1950 by the British gem dealer Arthur C.D. Pain.

Painite

8 – Diamond

Diamond is commercially the most popular mineral because of its eminent role in the world of jewelry trading. The average value of this prestigious, alluring mineral is approximately $55,000 per gram.

Diamond

7 – Black Opal

Approximately 95% of all supplies of black opal are harvested in Australia, therefore this mineral is also known as the national gemstone of Australia. Black Opal has been also mined in Brazil, Ethiopia, Mexico and the United States. The average value of this mineral is $2.350 per carat.

Opal

6 – Platinum

Platinum has a major role in the world of jewelry. This dazzling silvery metal is worth $60 per gram and can often be found in South Africa, Russia, and Canada.

Platinum

5 – Gold

Many people think gold is the most valuable and most expensive mineral in the world, but this is a common misconception because there are other minerals that are far more worthy than gold. Still, it is a highly valued, expensive mineral with a price around $56 per gram.

Gold

4 – Rubies

Rubies are considered to be the most expensive gemstones in the world. They get their alluring red color from the presence of chromium. The largest supply of this mineral was harvested in Burma, which is known as the Mecca for rubies.

Rubies

3 – Jadeite

Popular by the name “mysterious mineral” Jadeite is one of the most desirable and valuable gemstones in the world. Jadeite is a rare mineral that’s most often harvested in places like Guatemala and Mexico. The value of this emerald green mineral is increasing and the latest calculations say its current value is around $3 million per carat.

jade

2 – Blue Garnet

Garnets can be found in various colors like brown, green, orange, pink, purple, red and yellow. Among all these colors the blue garnet is the only one with a considerably high value. This mineral was first discovered in the 1990s in Madagascar, and since then it has been mined in Russia, Turkey and the United States. The current value of this precious mineral is $1.5milion per carat.

blue

1 – Lithium

This mineral which is commonly known as a crucial ingredient in the production of rechargeable batteries was first discovered in 1817 in Stockholm by the Swedish chemist Johan August Arfvedson. Lithium is a highly valued mineral which represents a billion dollar industry. The largest supplies of this mineral are found in Afghanistan, and this country was hailed as the “Saudi Arabia of Lithium” in a Pentagon memo.

lithium

 

source: http://life.miningpeople.com.au, www.top10zen.com