LED lighting brings opportunities for rare metals

According to the latest DisplaySearch report, LED lighting demand will increase to 33 million in 2013, more than 16 million times more than 2012. It is expected that the demand for LED lighting will reach 90 million in 2016, and the penetration rate will increase from only 5% in 2012 to 26%. Due to a variety of factors such as the expansion of manufacturers' capacity, LED prices, environmental concerns, and government subsidies, more and more consumers are choosing more efficient LED lights to replace traditional light bulbs.

Demand for LED lighting is rapidly increasing, creating significant opportunities for related rare metal materials. The core material of the LED is a light emitting material of a semiconductor chip made of gallium (Ga) and arsenic (AS), phosphorus (P), indium compounds. Currently, gallium nitride (GaN) and indium gallium nitride (InGaN) based on a wide bandgap semiconductor material are among the most commercially available LED lamp materials.

The rapid development of global LED lighting will drive the rapid growth of demand for bismuth and indium, and will drive more and more companies and individuals to pay attention to rare metals such as indium and bismuth. Rare metals Indium and tellurium are listed on the Pan-Asian Nonferrous Metals Exchange to give companies and individuals the opportunity to participate in these two rare metals. After the listing of indium and antimony, the trading volume and settlement volume increased rapidly, making the Pan-Asia Nonferrous Metals Exchange the world's largest trading market for rare metals including indium and gallium.