How much does bismuth cost per pound?

Bismuth’s price is usually computed in pounds. While it’s still considered one of the most expensive metals, its price had a significant downward trend that began in 2014 when its average price is at $11.14 per pound. Today, its price continues to fluctuate between $3 and $14 per pound or $0.0012 to $0.0056 per carat.

Why is bismuth so expensive?

Rarity and Limited Distribution Bismuth prices largely depend on its output as it is rare and limited in distribution. This metal’s extraction and processing requires substantial resources which contributes to its high cost. Additionally, its price relies on purity, demand, and the state or country where it is sold.

What is the value of bismuthinite?

The value of Bismuthinite lies in its high concentration of Bismuth, which can range from 60% to 80% by weight. Overall, Bismuthinite is a valuable source of Bismuth. Bismite is a mineral composed of Bismuth, oxygen, and a trace amount of other elements.