Why Are Certain Metals Rare or Precious?
Gary Kardys | April 05, 2018Rare earth elements and precious metals have desirable engineering properties or are useful alloying additives, but their availability impacts material cost and restricts usage. How did these elements come into existence? Why are some elements more abundant than others?
Figure 1. Abundances of elements in the universe versus atomic number. Source: Orionus / CC BY-SA 3.0Understanding the origin and abundance of elements is important to metallurgists and materials engineers because these constituents often impact the cost, availability and viability of existing and new alloys and ceramics. For instance, neodymium is critical in making powerful magnets and dysprosium additions retain magnetic properties at higher temperatures. Yttrium is a critical element in making tough yttria-stabilized zirconia (YSZ) ceramics. Tellurium additions to copper and selenium additions to stainless steel enhance free machining characteristics. Palladium and platinum are an essential for fuel cells, catalytic converters, spark plugs and glass fiber manufacturing. Materials scientists spend considerable time minimizing the amounts of high-cost, low-abundance constituents or finding alternatives to replace these elements.
Origin of Elements
Figure 2. Nucleosynthesis periodic table showing the origins of the dominant isotopes. Source: Iranga Samarasingha & Inese IvansGrasping the birth of elements is the first step in understanding their availability in the earth’s crust. Anna Frebel, a German astronomer and physics professor at MIT has made several great mini-lectures explaining the cosmic origin of elements such as her “Formation of the Heaviest Elements” lecture video above. Astronomers, astrophysicists or “stellar archaeologists” like Professor Frebel hunt for ancient stars made from big bang hydrogen and spectroscopically analyze their chemical compositions to deduce the genesis of the elements. Studying ancient, metal-poor stars have cleaner signatures and provide insight into stellar evolution, element generation, and the early universe.
In 10 seconds to 20 minutes after the Big Bang, nucleosynthesis created hydrogen, helium and small unstable isotopes of lithium and beryllium. Lithium and beryllium are less abundant in the cosmos and the earth’s crust because these elements were poorly synthesized or produced as isotopes, which decayed into other elements shortly after forming. Some of these rarFigure 3. Stellar nucleosynthesis produces metal elements up to iron by "burning" fusing lighter elements.. Production of elements heavier or with atomic number greater than iron consumes energy.er light elements (Be, Li, B) may have been consumed in later fusion nucleosynthesis reactions with light elements to generate denser elements. Most of the universe's lithium, beryllium, and boron was generated through cosmic ray spallation (proton bombardment). Beryllium, in particular, has very low abundance because only one stable Be isotope exists. Li and B have both have two stable isotopes.
Newly formed stars initially fused hydrogen and helium to produce oxygen and helium. After these stars run out of hydrogen and helium to fuse, a death star process begins resulting in a variety of nucleosynthesis processes (hydrostatic, neutron capture and explosive), which generate the heavier elements. Different stellar masses result in the formation of different star types, stellar life cycles and element generation processes such as the neutron capture (rapid r-process or slow s-process), triple-alpha, cosmic ray spallation, and nucleosynthesis. The “Main Nucleosynthetic Origins of the Dominant Isotopes” periodic tables (table 1, table 2, table 3 and table 4) indicate the stellar and nuclear processes as well as the element “burned” or fused to produce an element. Stars produce elements Figure 4. The nucleosynthesis R-process produces heavy elements with Z >26 from lighter seed nuclei. Unstable isotopes produced beta decay to new stable elements. Source: Greg Brennecka LLNLas they live, die, collide and explode. The ejected star matter recombines to form planets and new stars. Elements up to and including iron are made in the hot cores of short-lived massive stars. The slow neutron capture or s-process can produce elements up to lead over a 10,000-year time frame.
Astrophysicists have long believed that many of the dense elements heavier than iron (gold, platinum, mercury, uranium, tungsten) are created mainly through supernovaFigure 5. Composition of the crust of a neutron star. Source: Wolf et al Physical Review Letters 110 (2012) explosions occurring when sufficiently massive stars die and within neutron stars where the rapid neutron capture r-process can occur. The enormous, fast neutron flux in these events converts iron seed nuclei to heavier elements in a few seconds, which then decay to the heaviest elements in the periodic table (see NASA’s neutron star collision animation). This partially explains the rareness of these denser elements. Nuclear astrophysics and the nucleosynthesis periodic table provide an understanding of the origin of elements in the universe.
In a recent Physics Today article, “Formation of the Heaviest Elements,” researchers found that the rapid neutron-capture r-process needed to build up many of the elements heavier than iron may primarily occur in neutron-star mergers, not supernova explosions. Their analysis of the chemical composition of the Reticulum II group stars strongly suggests that neutron-star mergers are how the universe makes elements such as gold and platinum.
Abundance of Elements in the Earth's Crust
The elements in our solar system originated from the dead stars remnants that coalesced to into the sun and planets. Our galaxy and solar system consist mainly H and He because the bulk of the mass in the universe is in the form of stars. The next three elements (Li, Be, B) are rare because they were poorly synthesized in the Big Bang and also in stars. All of the periodic elements found in space can be found or made on earth. Our earth consists of approximately 83 elements. Another 10 trace unstable elements are produced through the radioactive breakdown of the two heaviest elements. An additional 24 synthetic transuranium elements have been created in the laboratory. Silicon and iron are some of most common elements in the earth and other rocky planets of our solar systems because they were formed by earlier generations of stars that blew up as supernovas. Our solar systems must have been formed from the left-over remains of these earlier generations of very big and hot stars that ended their lives as supernovas or neutron star collisions because the earth’s crust contains some elemFigure 6. Abundance of elements in the earth's upper crust relative to silicon. Source: USGSents heavier than iron such as uranium, gold, mercury, and tungsten. Perhaps there are other planetary systems with higher abundances of elements heavier than iron because they were born from the remnants of more supernovas.
The chemical nature (density, volatility, reactivity and siderophilicity) of the elements also impacts elemental abundance and concentration in the earth’s crust. Elements like hydrogen (H) and helium (He) are first and second most abundant elements in the universe, respectively. Gas giant planets like Jupiter and Saturn consist mainly of hydrogen and helium, but H and He are not as common on earth because these light elements have escaped earth’s gravity. Early planets had molten surfaces, so gaseous elements or elements forming volatile compound have become depleted in the earth’s core through evaporation unless they formed into less volatile minerals like silicates or oxides. For example, tellurium and selenium have been depleted from the crust because these metal elements form of volatile hydrides. The gases and water on earth are constantly “evaporating” out into space. The water (H20) on the earth was formed through the gravitational capture of water-bearing asteroids, 4.65 billions of year ago. (see “Meteorites Brought Water To Earth During the First Two Million Years.” Small water laden asteroids continue to fall to earth.
Rare Earth Elements (REE)
The rare earth elements (REE) include lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), promethium (Pm), samarium (Sm), europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb), lutetium (Lu) and yttrium (Y ). The term “rare” earth elements is a historical misnomer. La, Ce, Pr, and Nd are the most abundant REE and their abundances are similar to commonplace industrial base metals such as chromium, nickel, copper, zinc, molybdenum, tin, tungsten, or lead (see Figure 6). Even the two least abundant REE (Tm, Lu) are nearly 200 times more common than gold. While base metals and precious metals tend to concentrate, REEs have very little tendency to become concentrated in exploitable ore deposits, which results in most of the world’s supply of REE available from only a handful of sources.
Noble and Precious Metals
The noble or precious metals are the “rarest” elements in the earth’s crust, which accounts for their price. Many of the precious metals (gold, silver and platinum group metals (PGMs), as well as cobalt, molybdenum, nickel, germanium, and tungsten, are iron-loving or siderophile elements, which means they have high solubility in solid or liquid iron. The rarest of the precious metals are the PGMs elements, which consist of iridium, osmium, palladium, platinum, rhenium, rhodium, and ruthenium. Precious metals are “noble” because they do not form stable oxides or strongly bonded oxides (e.g., free energy of formation or “delta GOxide” is positive for gold oxide). The noble nature allows these elements to remain in a denser form. The precious metals are some of the densest elements. Gold, rhenium, platinum, and iridium have densities of 19.28, 21.92, 21.46, and 22.56 g/cm3, respectively. Osmium is the densest metal at 22.61 g/cm3 and only 3 kg were imported for use 2016 according to the USGS. The high density, nobility and siderophile nature of these precious metals results in their concentration in the earth’s iron core and depletion on the outer crust. The siderophile elements with a high affinity with oxygen such manganese formed oxides and remained more prevalent in the earth’s crust.
Starstuff
The abundance of elements in the earth’s crust is a result of their origin through cosmic nucleosynthesis processes as well as their distribution by gravity due to their nature (density, volatility, reactivity, etc.). Understanding the genesis of element not helps in understanding the low abundance of certain alloying elements, but the nature of the world around us and ourselves – our own composition. In his “Cosmos series” Figure 7. Artist's concept of Psyche spacecraft with five-panel solar array Source: NASA/JPL-Caltech/Arizona State Univ./Space Systems Loral/Peter RubinCarl Sagan famously said, “The nitrogen in our DNA, the calcium in our teeth, the iron in our blood, the carbon in our apple pies were made in the interiors of collapsing stars."
If you find this subject interesting, then you might want to pick up a copy the book, “Searching for the Oldest Stars: Ancient Relics from the Early Universe," from the Indiana Jones of stellar archeology, Anna Frebel.
While I better understand scarceness of certain alloying elements now, their rareness is still irritating. I hope we can speed up our journey out in the solar system and mine new sources for these critical alloying elements in asteroids or the crusts of other planets. NASA is launching its discovery mission to the Psyche asteroid in the summer of 2022. NASA will reach the unique metal asteroid in 2026, which four years earlier than the original timeline. The 16 Psyche asteroid consists of iron and nickel with a worth estimated at around $10,000 quadrillion USD. The unique asteroid is valuable to NASA scientists because it is likely the remnants of a planetary core and will shed light on planet formation processes.
"... The noble or precious metals are the “rarest” elements in the earth’s crust, which accounts for their price. ..."
Tellurium's (Te) low abundance yet low price (in 2017 a kg of Te could be bought for 30$-40$) despite industrial demand suggests it takes more than rarity to account for high price.
In reply to #1
The nature of elements impacts how much we can access in the earth's crust - very dense elements sunk to the earth's metal core and light or volatile element evaporated into space.
"....Early planets had molten surfaces, so gaseous elements or elements forming volatile compound have become depleted in the earth’s core through evaporation unless they formed into less volatile minerals like silicates or oxides. For example, tellurium and selenium have been depleted from the crust because these metal elements form of volatile hydrides..."
Another factor is an element's propensity to be concentrated versus distributed.
In reply to #2
That misses the point....
You include the description of why an element might be rare in the universe or why it might be rare in the Earth's crust even though abundant in the universe.
....only thing is, that's not the problem. The problem is the article states rarity is the reason for high price. Tellurium is quite rare yet has a low price.
In reply to #3
Supply and demand impacts metal cost in addition to abundance.
Tellurium is still more costly compared to more abundant metals such as aluminum, magnesium or iron. The price also has to do with how the element is distributed and how ease with extracting and reducing the metal ore to metal.
I think a third factor impacting metal cost is the demand from applications, which I did not mention in the article. Tellurium is used as a free machining additive in alloys, in cadmium telluride solar cell, and in lead telluride thermoelectric materials - but these applications have not created sufficient demand to increase the price compared to metals will lower abundance.
The price of tellurium dropped between 2013 and 2018 from $113/kg to $36/kg - which has to be due to increasing supply and/or reduced demand. Most tellurium is coming from China today, which might be another factor impacting the metal's cost. China subsidizes the production of metals. China's 2017 tellurium production of 280 tons was 7 times higher than the second highest producer, Sweden - 38 tons. China still holds on to some tenets of communism and their state-controlled capitalism is artificially depressing metal prices. A fourth factor influencing tellurium prices might be China' s overproduction of metals.
Tellurium is one of the least common elements on Earth. Most rocks contain an average of about 3 parts per billion tellurium, making it rarer than the rare earth elements and eight times less abundant than gold. 85% of global production of tellurium comes as a byproduct of copper mining through a process called electrolytic refining. Grains of native tellurium appear in rocks as a brittle, silvery-white material, but tellurium more commonly occurs in telluride minerals that include varying quantities of gold, silver, or platinum.
https://minerals.usg s.gov/minerals/pubs/ commodity/selenium/m cs-2018-tellu.pdf
https://minerals.usg s.gov/science/tellur ium-igneous-related- epi-deposits-co-nm/
https://pubs.usgs.go v/fs/2014/3077/pdf/f s2014-3077.pdf
In reply to #4
Your third and forth factors are covered in your second factor....supply and demand.
Supply and demand definitely has a significant impact on price. Supply and demand is almost too broad a brush to be helpful in describing the specific of what drives metal prices. Almost anything affecting price can be brought under this umbrella. Even 'rarity', the first of your factors is a component of 'supply'.
So while 'rarity' alone is insufficient to describe what drives price, it is a part of the supply term of supply and demand.
Another important part of the supply is how difficult it is to isolate, consolidate and manipulate sample of a given state or purity..
Consider elements like cesium, holmium, boron, beryllium hafnium and lutetium. Relatively pure samples of these each can fetch far more than tellurium yet are 100s or 1000s (or more) times less rare in the crust than tellurium. There are minimum costs required to obtain these samples because of reactivity, difficulty in separating from chemically similar elements and/or special considerations due to health hazards.
The whole point of my comment is just to note that rarity is insufficient to drive high price.
In reply to #5
You are a rare one!:-)
This cost almost nothing to say, but should have some value for you!
But there is no price!
As a bonus I fully agree with your assessment!
In reply to #5
You make a good point.Thank you for your thoughts!
Perhaps I will write a follow up article reviewing more of the supply and demand factors such as - "What Factors Drive the Cost of Metals and Materials?" Metals like titanium and magnesium are useful engineering materials - especially in aircraft for lightweighting. These metals have relative abundance could have lower costs - if their production costs (supply factor) could be reduced.
Let me know if you have any recommendation or reference or resources for the future article.
In reply to #7
"... Metals like titanium and magnesium are useful engineering materials - especially in aircraft for lightweight..."
Magnesium, titanium as well as aluminum prices all have a sizable componenent of cost from electricity used. Some other metals important to manufacturing things like high efficiency electric motors and generators also have a large component of price due to electricity required.
This makes for a dynamic environment for a society attempting to move towards greater efficiency and less pollution. If incentives to develop thinhs like wind and solar power result in higher electricity costs, any potential benefits will likely at least be diminished and possibly negated as the higher electricity costs increase the price of adopting other new energy saving technology. i.e. if the price of electricity is raised by X cents per kilowatt-hour to accomodate intermittancy issues from increasing wind power by Y%, the benefits may be diminished because it would be more costly to incorporate efficiency increasing tech involving materials with costs tied to electricity.
On the other hand if metal producers could be motivated to develop processes more flexible to the timing of electricity delivery, i.e. utilizing power when wind and solar exceed other demand and finding a way of minimizing or abstaining when wind and solar production is low, the benefits could be multifaceted. The need for grid storage could be diminished, which would lead to lower electricity costs. Reduced electricity costs could make implementing new high efficiency technology (involving materials with electricity sensitive costs) less expensive and therefor more wide spread.
It would be difficult for any single company to profit from the synergy described above (at least I am unaware of any company with the principal business being nonferous metal smelter/foundry and solar/wind farm and significant benefits outside the reach of a smelter power producer would likely occur).
Thoughts?
In reply to #8
Electrical power is definitely a big factor in the production of metals, ceramics, and other materials. Electrochemical refining and electric arc furnaces consume a great deal of power. When I was an engineer at Saint-Gobain, many of our ceramic and abrasive plants were located in Niagra Falls or Alabama where cheap hydroelectric power was available from the New York Power Authority or the Tennessee Valley Authority, respectively.
I think most plants want to run continuously when in operation. Some plants may want to keep producing 24/7 365 days a year. In other cases, they might run a "campaign" until production batch needs are met or the furnace needs to be rebuilt or relined.
Perhaps better energy storage technology would allow companies to utilize power more efficiently or select clean power sources by storing cheap power for use when demand is high. Ambri's molten metal battery technology might provide a solution to leveling energy costs.
In reply to #9
"... I think most plants want to run continuously when in operation. Some plants may want to keep producing 24/7 365 days a year...."
Yes, of course. That is how things currently are.
Things have been and will continue to change. Wholesale electricity rates occassionally drop so low that they are negative. This is a result of the inability to control when wind and solar will produce as well as incentives for both.
Sure, large battery installations would make more power when it is needed, but the cost to build such plants can be significant and there are inefficiencies in charging storage and discharging.
If producers of materials for which electricity is a large contributor to cost could alter their process to allow more flexible use of electricity, there could be significant advantages. I know that isn't currently the case. I realize it would be easier if the users of power had zero constraints on timing of use, I am just wondering if there might be significant benefits to accepting constraints.
In reply to #10
Perhaps metals producers could pursue more satellite or distributed "micromill" approach to materials production where smaller quantities are produced closer to their markets. This approach might be more flexible to producing shorter runs and eliminate shipping costs. Another significant barrier to companies entering the metal production industry is the large capital investment required to build an integrated steel plant. Smaller micromills would reduce the capital expenditure (CAPEX) requirements.
Minimills displaced many of the large integrated steels producers years ago and are now dominant in the U.S. The Minimill Story provides more details of how minimills became dominant in the U.S. Electric steel plants are now well established as the most efficient alternative to converter steel plants in thriving steel markets. The name “Mini Mill”, which originally denoted smaller, locally focused capacities, has long been synonymous with high performance, economy, and flexibility (Primetals Technologies).
Mineral Technologies (MINTEQ) pioneered the development and implementation of satellite precipitated calcium carbonate (PCC) plants at their customer's paper mills. The PCC is produced on-site - (history of MINTEQ's satellite PPC plants). Gas producers provide an on-site gas generation plant for large customers as well. Perhaps a satellite steel micromill located at a large steel consuming customers such as automotive plants, steel can/container producers, construction products manufacturer (roofing, framing, etc.) could produce steel using lower cost power at night for just-in-time delivery and consumption the next day. Using green power sources such as solar or wind might be an option as well with a satellite steel minimill because the smaller scale systems would require less power. The new micromills can implement newer, more efficient technologies for improved operating expenditure (OPEX) compared to older larger mills.
"In 10 seconds to 20 minutes after the Big Bang, nucleosynthesis created hydrogen, helium and small unstable isotopes of lithium and beryllium."
It actually took about 380,000 years for the universe to cool enough for the first atoms to form.
https://home.cern/ab out/physics/early-un iverse "As the universe continued to expand and cool, things began to happen more slowly. It took 380,000 years for electrons to be trapped in orbits around nuclei, forming the first atoms."
"Rare" or "Precious" .. has very little relationship to monetary value.
"Money" is a useful tool in society.. but as a human construct can be easily be distorted. What is the monetary value of anything? Money's value is completely dependent upon how much of it someone is willing to provide for an object or service at that moment in time. This has very little to do with rarity. Has much more to do with perceived need or want.
Money is very poor metric to equated with rarity within the universe or rarity on on earth.
Even harder to equate monetary value to anything labeled under the even more subjective term "precious".
How much is my precious daughter worth in dollars? to me she is priceless..
How much is my precious daughter worth to a human trafficker?
In reply to #13
I disagree.
'Precious' does describe something that is costly, having great value, or of high price. Specifically 'precious metals' are costly, relatively speaking. This point about the term precious is definitional, not something inherent to supply and demand.
Also, the English language is complex. You are likely to misunderstand and perhaps mislead if you attempt to understand one use of a term such a 'precious', for example in a metals context, by assuming interchangability with different uses for that word, such as the use of 'precious' related to a loved one.
Rarity is infact an important factor in value, whether measured monitarily or not. It is not just about need or want. Consider the air you breathe. Your need for its continued supply is great, yet with no rarity it does not command a high price.
To claim '... Money's value is completely dependent upon how much of it someone is willing to provide for an object or service at that moment in time. ...' is a gross oversimplification and obscures the salient points.
Money can simply be a very useful metric of comparing value. The goal need not be coin collecting. Having values in a particular currency allows us to easily compare dissimilar things without having to create a market specifically for swapping those particular things.
In the context of the discussion above, value was being compared in a money basis because it is simple. There aren't many (if any) exchanges that price pounds of hafnium in pounds of tellurium for direct exchange.
.
That's pretty wordy.
I think I can bring it back together using an example like you ended your comment with...
If you had $1000 in your pocket would you exchange that for your precious daughter? So we can agree she is worth at least that. Is she worth more than that, even though you got a bargain?
Then again, if there was no rarity of your precious daughter, i.e. she is around plenty, it would be pretty silly to always be trying to pay to have her around.