Image: REUTERS/Michael Buholzer
What’s in your stuff? Most of us give no thought to the materials that make modern life possible. Yet technologies such as smart phones, electric vehicles, large screen TVs and green energy generation depend on a range of chemical elements that most people have never heard of. Until the late 20th century, many were regarded as mere curiosities – but now they are essential. In fact, a mobile phone contains over a third of the elements in the periodic table.
As more people want access to these technologies, the demand for the critical elements is growing. But supply is subject to a range of political, economic and geological factors, creating volatile prices as well as large potential gains. This makes investment in mining these metals a risky business. Below are just a few examples of the elements we have come to rely on that have seen sharp price rises (and some falls) in the last few years.