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Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume. Carbon in the form of diamond can be more expensive than rhodium. Per-kilogram prices of ...
Osmium forms compounds with oxidation states ranging from −4 to +8. The most common oxidation states are +2, +3, +4, and +8. The +8 oxidation state is notable for being the highest attained by any chemical element aside from iridium's +9 [21] and is encountered only in xenon, [22] [23] ruthenium, [24] hassium, [25] iridium, [26] and plutonium.
Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. [1] The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded ...
The Earth's crust is one "reservoir" for measurements of abundance. A reservoir is any large body to be studied as unit, like the ocean, atmosphere, mantle or crust. Different reservoirs may have different relative amounts of each element due to different chemical or mechanical processes involved in the creation of the reservoir.
Abundance of the chemical elements in the Earth's crust as a function of atomic number. The rarest elements (shown in yellow, including the noble metals) are not the heaviest, but are rather the siderophile (iron-loving) elements in the Goldschmidt classification of elements. These have been depleted by being relocated deeper into the Earth's core.
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With its similar properties to and lower cost than rhodium, electric contacts are a major use of ruthenium. The ruthenium plate is applied to the electrical contact and electrode base metal by electroplating or sputtering. Osmium is a hard but brittle metal that remains lustrous even at high temperatures. It has a very low compressibility.
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