Cape Town, South Africa
Why is the price of iridium, a rare metal, soaring?
Iridium is used particularly in the electronics and chemical industries. (Photo credit: Envato Elements)
Iridium is a by-product of platinum extraction
It is extremely hard, with a very high melting point
Iridium is especially sought after for mobile phones, where demand is soaring as 5G technology is rolled out
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