Ruthenium
Electronics industry
resr
Photovoltaics
Buy ruthenium
Raw material producers:
South Africa
Areas of application:
Electronics industry (storage media)
Photovoltaics
Fuel cells
Market forecasts:
- Demand for ruthenium, driven by the expansion of data centres, could be 18 times higher by 2040.1
- In the United States, the expansion of data centres is expected to result in an annual growth in demand of 10 % by 2030.2
- Driven by heavy goods transport, demand for fuel cells is expected to increase by 28.3 % annually, from 23,000 units in 2024 to 353,000 by 2035.3
1) blog.izm.fraunhofer.de/the-hunger-of-data-centers-for-critical-raw-materials-and-how-we-counter-it/
2) mckinsey.com/industries/technology-media-and-telecommunications/our-insights/investing-in-the-rising-data-center-economy
3) marketsandmarkets.com/Market-Reports/future-of-hydrogen-in-automotive-179785986.html
