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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 some synthetic radioisotopes range to trillions of dollars.
Titanium is a common material for backpacking cookware and eating utensils. Though more expensive than traditional steel or aluminium alternatives, titanium products can be significantly lighter without compromising strength. Titanium horseshoes are preferred to steel by farriers because they are lighter and more durable. [115]
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Titanium and its alloys are used in airplanes, missiles, and rockets where strength, low weight, and resistance to high temperatures are important. [14] [15] [16] Since titanium does not react within the human body, it and its alloys are used in artificial joints, screws, and plates for fractures, and for other biological implants.
Westford, USA, Dec. 01, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the titanium market size will attain a value of USD 52.8 billion by 2031, with a CAGR of 7.96% over the forecast period (2024-2031).
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Titanium is about six times as expensive as stainless steel: Potter noted in 2023 that "Titanium is just fundamentally difficult and expensive to deal with. Turning titanium ingots into bars and sheets is a challenge due to titanium’s reactivity: it readily absorbs impurities, requiring “frequent surface removal and trimming to eliminate ...
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