The 10 Most Expensive Minerals in the World

Added by BestEssays on Dec 9, 2013

3 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.

2 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.

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