Germanium Price | Prices | Pricing | News | Database | Chart
In Q2 2024, Germanium prices in North America experienced a strong upward trend, driven by several key factors in the minerals market. Rising demand for germanium, vital for advanced electronics and renewable energy technologies, combined with strategic policy measures aimed at strengthening domestic supply chains, contributed to this growth. Increased economic activity and significant investment in local mining and processing capabilities fueled a bullish market outlook. Supply-side challenges, such as rising freight costs and extended transit times, further pushed prices higher. In the U.S., the most significant price increases were recorded. Tariffs on critical minerals from major global suppliers, along with efforts to reduce reliance on foreign supply chains, boosted domestic demand and investment. Seasonal factors, including geopolitical uncertainties and ongoing demand-supply imbalances, also played a role. Germanium prices in Q2 2024 surged by 6% compar...