The 10 Most Expensive Minerals in the World

Added by BestEssays on Dec 9, 2013
Most Expensive Minerals in the World

It is a well-known fact that planet Earth possesses mineral wealth which is regularly utilized by mankind for various purposes. From gold to lithium, many minerals have tremendously high value and play a major role in creating the world trade economy. But have you ever wondered which are the world’s most valued and expensive minerals? Following is a list where you can find the answer to that question.

11 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.

10 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.

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