CRML Set to Become the Market Leader for Hafnium Production and Supply Security Taking Away China's Current 75% Market Share
Critical Metals Corp highlighted industry forecasts indicating that global hafnium demand could increase by nearly 70% by 2030, driven by its expanding role in aerospace superalloys, nuclear control rods, advanced semiconductors, AI data centers, and next-generation computing technologies. The company expects the Tanbreez Project in Greenland to produce a minimum of 130,000 tons of concentrate annually by 2030, with hafnium concentrations exceeding 2,300 ppm. The proposed joint-venture refinery in Romania is anticipated to process approximately 50% of Tanbreez concentrate output, with a production capacity of 120–150 tons of hafnium per year.
Key figures
- Hafnium price 9999 purity
- US$13 million to US$15 million per ton
- Hafnium concentrate purity
- 2,300 ppm
- Hafnium price 98 99 purity
- US$6 million per ton
- Hafnium production capacity
- 120–150 tons per year
- Hafnium concentrate annual output
- 130,000 tons
- Hafnium market cagr ai data infrastructure
- 10%
- Hafnium market size ai data infrastructure 2026
- US$420 million
- Hafnium market size ai data infrastructure 2030
- US$726 million
AI analysis
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