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XAU Gold 16,206.23 PLN/oz ▼ -391.92 -2.36%

XAG Silver 255.26 PLN/oz ▲ 2.35 +0.93%

XPT Platinum 6,879.67 PLN/oz ▼ -242.44 -3.4%

XPD Palladium 5,250.35 PLN/oz ▲ 8.81 +0.17%

Product available (5 pcs.)

Iridium 25 g VAT 0% (storage in duty-free zone)

PLN 29,467.00

Quantity

Products from the Rare earth elements category cannot be combined with products from other categories.

Specification

Metal:: Iridium

Weight:: 25 g

Rehearsal:: 99,900%

Form:: Sponge

Delivery method:: Storage in a duty-free warehouse

Product stored in a duty-free zone!*

Iridium is one of the rarest elements on Earth. Its name comes from the Latin word "iris," meaning rainbow. This is due to the striking and varied colors of its salts. Ir, which occurs naturally in the Earth's crust, is mainly found in combination with platinum and other platinum group metals (PGMs). However, its rarity makes it difficult to mine, contributing to its status as a valuable commodity.

Iridium is the most corrosion-resistant element and is rarer than gold and silver.

Iridium gives alloys the desired degree of hardness and brittleness. The chemical industry uses this valuable metal to coat anodes in chlor-alkali electrolysis as part of PVC production. There is high demand for iridium as a raw material for many future technologies. In addition to organic light-emitting diodes (OLEDs), this includes electrolysis for the production of green hydrogen. Together with platinum, iridium serves as a catalyst in polymer electrolyte membrane (PEM) electrolysis.

Why could iridium be an interesting investment?

Global reserves of iridium are very limited. The combination of its extreme rarity, difficulty in extraction (production), and high industrial demand makes iridium an extremely interesting metal on the investment market. This is also evidenced by price increases in recent years.
If demand for hydrogen continues to grow positively until 2030, demand for iridium from electrolysis alone could match current annual production of just under 8 tons by 2030, indicating a supply gap. Iridium is mined exclusively as a by-product of platinum and palladium, meaning that its production cannot be easily increased.
The iridium market is expected to grow by 6.4% annually until 2032, from approximately 7.1 tons in 2023 to approximately 10.6 tons.

MORE INFORMATION ABOUT STRATEGIC METALS >

*The goods are located in a customs warehouse in Germany – delivery of goods not subject to VAT in Poland in accordance with Article 22(1) of the VAT Act. The agreement is concluded from the date of payment for a period of 1 year. It is not possible to physically collect the Goods from the Free Warehouse. Mennica Skarbowa guarantees the possibility of selling the Goods at market price.

For larger orders, prices are negotiable.

Due to frequent fluctuations in precious metal prices, we require that your order be paid for and booked within 1 business day.

The order shipping time is 1 business day for products marked as "24-hour shipping," up to 15 business days for other goods, and up to 35 business days in justified cases. This period is counted from the moment the payment is credited.

Please note that if you purchase goods with 24-hour shipping and up to 35 business days in a single order, the goods will be shipped within 35 business days. If you want to receive your order faster, please separate orders with 24-hour shipping and those with standard shipping.

The photos presented on the website are examples. Products may differ from the photos presented. In the case of coins, coins from the current year or previous years are available for sale.

The bars and coins offered by Mennica Skarbowa are products from reputable mints affiliated with the London Bullion Market Association, including: Heraeus, Argor Heraeus, Valcambi, Metalor, C.Hafner, Perth Mint, Münze Österreich, PAMP, Umicore, Rand Refinery, UBS, Degussa, Istanbul Gold Refinery, or other issuers listed in the product parameters. Goods included in the so-called unsorted gold and silver may be an exception. The choice of bar manufacturer is made at random at the order fulfillment stage and depends on the Company's current stock levels.