A World of Wealth and Humanity’s Keys to the Future www.AssetStrategies.com [email protected] About Us Real Asset LLC (RAL), along with their trading, supply, storage and vault partners in Switzerland, and Asset Strategies International (ASI), provide a global asset protection service focusing on the use of Rare Strategic Metals, Base Metals and Precious Metals in industrial form. We have developed a proven, safe and secure method of preserving wealth by providing allocated and segregated metal ownership, with storage in private, fully-insured Swiss facilities inside duty free zones. In partnership with some of the world’s most reputable metal traders and storage facilities, we offer physical metals to private individuals as a contingency to secure and preserve their wealth. Our business is securing the future, and the IXWXUHLVQRZ7KHIRXQGDWLRQRIFXUUHQWDQG emerging technology is Rare Strategic and Specialty Metals! Owning physical metals provides your portfolio with great security, and if chosen correctly regarding metals owned and market timing, may offer double digit annual growth on average. We have proven track UHFRUGV IRU VHYHUDO RI RXU PHWDOV 7KHVH metals allow you to diversify your overall portfolio, and protect your family from LQÁDWLRQDQGYXOQHUDEOHFDSLWDOPDUNHWV Until recently, these metals were only purchasable in bulk by metal traders and manufacturers. RAL now makes Rare Strategic, Base, and Precious Metals available to individual citizens and institutions in smaller quantities. We provide exposure across different metal groups and Our business is not stocks, bonds, share offer a safe, conservative holding, with more FHUWLÀFDWHV (7)V RU IXWXUHV FRQWUDFWV :H potential upside and liquidity than just one only deal in tangible assets. metal group may offer. RAL and its partners, with decades of experience in the Rare Strategic Metal industry, see a growing need for people to protect their assets from currency devaluation. One strategy is to exchange cash for real assets, such as physical metals. Assets at the Core of Our Modern Life Real Asset Metal Program The metals normally available, but not limited to, are the following. Rare Strategic Metals: Dysprosium, Indium, Rhenium, Gallium, Germanium, Hafnium and Tantalum. Base Metals: Tin, Copper, Molybdenum, Cobalt and Nickel. Precious Metals: Rhodium, Platinum, Ruthenium, Palladium, Silver and Gold. Rare Earth Metals: By request only. ,QWKHORQJWHUP\RXZLOOEHQHÀWIURPWKHUDSLGJURZWKRIWKHZRUOG·V developing countries, and from their appetite for new emerging WHFKQRORJLHVUHTXLULQJWKHVHPHWDOV5DUH6WUDWHJLF0HWDOVDUHLQÀQLWH supply each year, and face ever-increasing demand which will result in price appreciation. These metals are predominantly controlled by the &KLQHVHDQG&KLQDLVGHWHUPLQHGWRGULYHSULFHVXSWRUHÁHFWFRUUHFW PDUNHWYDOXH7KLVLQWXUQFUHDWHVDSURÀWDEOH´QHZµDVVHWSURWHFWLRQ class which compliments precious metals. Security and Ownership Rare Strategic Metals are offered in industry-ready form at the highest available purity in sponges, pellets, ingots, powders and liquids. Some rare metals are liquid, taking just a few days to sell, while others are semi-liquid, requiring a few weeks to move. Ultimately, it depends on the metal and current market conditions. Rare metals have stable pricing, and are not traded in paper form. Precious Metals are offered in bars and coins, or their industrial forms as sponges and granules. All types of precious metals are liquid and have readily available buyers, which makes them a currency-independent, non-paper asset resellable within one business day of receiving a sale order. Industry-ready metal EHQHÀWVIURPORZHUSUHPLXPVHYHQWKRXJKSXULW\DQGVSRWSULFHUHPDLQVWKH VDPH3UHFLRXV0HWDOVSULFLQJLVPRUHYRODWLOHWKDQ5DUH6WUDWHJLF0HWDOV· Base Metals are offered in the highest-purity, industry-ready forms: briquettes shape, cut cathodes, resins, anodes, ingots, powders, and liquids. Form depends on industry preference. Just like Precious Metals, Base Metals are liquid and have readily available buyers, which make them a currency-independent, nonpaper asset. Base metals are more volatile in pricing than Rare Strategic Metals. Real Asset LLC (RAL) stores allocated, segregated client metals in highly secure storage facilities within Duty Free Zones just outside Zurich, Switzerland. Clients may view their physical holdings by providing their Deed of Ownership, delivered after completing the purchase. There are various third-party crosschecks for control and security as your metal moves into storage. After purchasing Rare Strategic, Precious or Base Metals, clients receive a Deed of Ownership. The deed has a QR code you can scan with a smart phone. Additionally, you receive a bonded warehouse receipt with DSRVLWLRQQXPEHULQWKHVWRUDJHIDFLOLW\DQGSXUFKDVHVWDWHPHQWVUHÁHFWLQJ your RAL account number. On customs forms, the position numbers are always present. Therefore, it FDQ EH FRQÀUPHG DW DQ\ WLPH ZKDW 5$/ DFFRXQW QXPEHU FOLHQW LV WKH rightful owner of particular metals. Again, the account number is not public and strictly protected, providing RAL clients with a high level of SULYDF\DQGUHSRUWLQJÁH[LELOLW\ A client may visit the vault at any time, and may take metals home if desired. The client simply books a visit appointment with RAL, brings their Deed of Ownership, and brings their passport. Visiting the vault does not mean clients must remove metals; they are yours, and you can do as you wish. A word of warning… Metals removed from the vault and The numbers are tracking details for all the movements of your metals until taken outside the Duty Free Zone are subject to VAT. they reside in our bonded customs storage warehouse. A bonded warehouse However, if metals are resold on behalf of the client is a location for the interim storage of goods, where duty and taxes are unpaid. by RAL, and the transaction takes place within 7KHVHZDUHKRXVHVDUHVXEMHFWWRRIÀFLDOERQGPHDQLQJWKH\DUHDSSURYHGDQG the free zone, no VAT is applied. There are DGPLQLVWHUHGE\FXVWRPVRIÀFLDOV no taxes applied in Switzerland when buying or reselling. Each Deed lists names and amounts of purchased metals in kilograms, along with position number, and serves as your proof of ownership. The identity of the buyer is not public. Prior to delivery, the customs authorities may randomly check the contents, weight, and purity of the metals. Why Own Physical Rare Strategic, Precious and Base Metals? In the short term, you can take comfort in knowing some of your accumulated wealth is now in valuable, high-demand Specialty 60 Minutes discussed the vital nature of these metals in a March 2015 segment and Precious Metals rather than paper and digital E\ UHIHUULQJ WR WKHP DV ´« >&ULWLFDO WR PDQ\ KLJKYDOXH LQGXVWULHV@µ )HZ FDQ currency. Additionally, your assets are safe in private, imagine modern life without aircraft and hybrid vehicles, or technological secure, insured overseas vaults, where only you can remove innovations like computers, mobile phones, LCD monitors, surgical lasers, jet the metals or order a re-sale. engines, cosmetics, medicines, ointments and creams, or even the clothing RAL metals meet industry standards of purity and form, are ready you are currently wearing. for use by manufacturing, and are packed for extended storage as an These are just some of the many applications for these metals. allocated, segregated, physical substitute for vulnerable paper or digital Our world experienced a dramatic increase in the demand for Rare Strategic assets. Metals in cutting-edge technology over the past decade. Since 2000, industrial '\VSURVLXPDQH[DPSOHRI5$/·V5DUHDQG6WUDWHJLF6SHFLDOW\PHWDORIIHULQJV GHPDQGFRQVLVWHQWO\H[FHHGHGPHWDOSURGXFWLRQ6XFKDGHÀFLWFUHDWHVWKHLU G showcases the supply and demand dynamic around these assets. intrinsic value, and explains why metals prices should continue to increase well beyond the year 2025. Increased demand has strained supply, and A key element in decarbonization efforts, Dysprosium is used in hybrid and there is growing concern the world may soon face a shortage of the vital HOHFWULFEDWWHU\ SURGXFWLRQ7KH PRVWUHFHQWH[DPSOHLV 7HVOD·VUHYROXWLRQDU\ t ´3RZHUZDOOµ KRPH EDWWHU\ ZKLFK PD\ VSDUN DQ RYHUKDXO LQ KRZ KRXVHKROGV materials. XVH SRZHU 7HVOD VROG RYHU PLOOLRQ ZRUWK RI WKH EDWWHULHV LQ WKH ÀUVW Historically, metals are considered the pinnacle of all material property. week, and the company is currently sold out until 2016. Dysprosium is a key Market scarcity, supply shortages, and ongoing turmoil in global component in Powerwall units, and one can only imagine the impact if factory ÀQDQFLDOPDUNHWVZLOOLQHYLWDEO\FDXVHDIXUWKHUULVHLQPHWDOSULFHV production expands. Should Tesla offer the product internationally, the already Rare Strategic and Specialty Metal values are based on supply at-risk Dysprosium supply may be depleted by Tesla alone. With current world and a demand fundamentals, rather than the manipulation and production at 100 tons per year, clearly the demand for Dysprosium will drive speculation in Precious Metal markets due to Central Bank s up prices over the next decade. involvement. They work to protect your wealth much like Precious Metals, but are less prone to drastic swings &KLQD QRZ FRQWUROV RI WKH UHÀQHG HQG SURGXFWV ZKLOH KDYLQJ RQO\ in price. While Rare Strategic Metals provide great of worldwide Rare Metals reserves. They also consume the most. According asset protection over time, and have tremendous to experts, China will need about one quarter of all the Rare Strategic Metals a upside potential, Precious and Base Metals available globally outside of China, to meet future economic goals. are a more liquid while also functioning as Due to the lengthy exploration and exploitation process, often taking many DKDUGPRQH\ÀDWDOWHUQDWLYH7KHEHVW years, mining enterprises cannot increase their supply in the short run. The protection, and potential gain, is p FXUUHQW VXSSO\ ERWWOHQHFNV ZKLFK FDXVH SULFH LQÁDWLRQ LQ WKH PHWDOV PDUNHW possible when you diversify p are due to a lack of new mine openings in past years. Though new mines are in across the metals a the planning stages, it is a lengthy process. Annually, Germany alone imports sspectrum. approximately 20Bn. Euros worth of metallic raw materials. The supply shortage DQGFXUUHQWXSKHDYDOLQJOREDOÀQDQFLDOPDUNHWVZLOOKHOSERRVW5DUH6WUDWHJLF and Specialty Metal prices for the near future, and Indium is just one example. These metals are vital to 95 percent of established manufactured products today, and critical to developing the technologies of the future. Protect Your :HDOWK DQG )XWXUH with Rare Strategic Metals We live in a seemingly calm but ultimately unstable world – both economically and politically. Historically, parents have expected their children to enjoy longer lifespan, better opportunities, and greater wealth accumulation than they were able to achieve. Yet, with economic crisis affecting HYHU\ FRXQWU\ ZRUOGZLGH RXU FKLOGUHQ·V JHQHUDWLRQZLOOEHKLVWRU\·VÀUVWWRHQGXUHORZHU living standards than their parents. Depending on what area of the world they live, children may endure hardships expected to be historical relics DWWKLVSRLQWLQKXPDQLW\·VHYROXWLRQ,WLVQHLWKHU fair, nor realistic, to expect the next generation to support us as we grow older - they will have other problems to face. Additionally, no citizens should expect their cash-strapped governments WRSURYLGHÀQDQFLDODVVLVWDQFHHLWKHU 2XU FRPSDQ\·V IRXQGHUV RULJLQDOO\ VHOHFWHG Switzerland as the ideal metals storage locale because of its centuries-long history protecting the assets of wealthy clients from around the world. Under global pressure from ominous outside political forces, Swiss banks are no longer the private safe haven they once were. However, Swiss regulation, law, and reliability still stand second to none, and holding metals still offers real privacy and protection. By all accounts, the Swiss will continue to be neutral LQJOREDOFRQÁLFWPHDQLQJDVVHWVKHOGWKHUHDUH safe and protected from wartime seizure. :KRZLOOEHORRNLQJRXWIRU\RXDQG\RXUIDPLO\·V interests during times of political, economic, and military turmoil? Not the government. Not big business. Just you. You are the only one who can or will shoulder the imposing responsibility. It is up to you to allocate a portion of your savings to hard assets which will always retain value. Come wars, currency devaluations or cyber-attacks, hard assets like metals will remain. They will always have a value. These assets hold intrinsic value and have been tested over the course of 5,000 years. Bank collapses, considered rare events a decade ago, are now common. Economists in many countries see the USA as a beacon of stability; yet even in the USA, nearly 600 banks have collapsed since 2007 (source: bankimplode. com). The world has turned to the US dollar IRU VHFXULW\ EXW RQO\ EHFDXVH LW LV WKH ´OHDVW XQDWWUDFWLYHµ RI WKH ZRUOG UHVHUYH FXUUHQFLHV Keeping hard, portable, segregated assets in $PHULFD·V K\SHULQWHUYHQWLRQLVW IRUHLJQ SROLF\ Swiss vaults is the best protection available to threatens to unravel the entire global economy, secure your future, and that of your family. making global free trade a dream from the past. Considering these factors, it makes sense to diversify internationally and avoid keeping all your assets in one country. Advantages of Rare Ownership Strategic Metal <RXSK\VLFDOO\RZQWKHPHWDOV 1RXQVHFXUHGSDSHURUHPSW\SURPLVHV ([HPSWIURPVDOHVWD[LQ'XW\)UHH=RQHV 6HFXUHIXOO\DOORFDWHGDQGVHJUHJDWHGZLWK independent non-bank storage in Switzerland *HQXLQHO\FULVLVSURRIUHDODVVHWYDOXH 3ULYDWHRZQHUVKLSLQDSULYDF\IRFXVHGFRXQWU\ Advantages of Offshore Duty Free Zone Storage 3ULYDWHVHFXUHDQGVDIHIURPFRQÀVFDWLRQLQD foreign jurisdiction ([FHSWLRQDOO\PRGHUQLQIUDVWUXFWXUH 1RFXVWRPVGXWLHVRUVDOHVWD[RQUHVDOH ,QGHSHQGHQWFXVWRPVVXSHUYLVLRQDQG YHULÀFDWLRQ 9DXOWDFFHVVZLWKHVFRUWRQO\ )XOOLQVXUDQFHFRYHUDJHRI\RXUVWRUHG metals; up to 200 percent coverage Cobalt 6SHFLÀFDWLRQV 6ZHGLVK FKHPLVW *HRUJ %UDQGW ² LV FUHGLWHG ZLWK GLVFRYHULQJ Cobalt circa 1735. The word cobalt is derived from the German kobalt, from NREROGPHDQLQJ´JREOLQµDVXSHUVWLWLRXVWHUPPLQHUVXVHGWRGHVFULEH&REDOW RUH,W·VDOXVWURXVVLOYHU\EOXHPHWDOZLWKPDJQHWLFSURSHUWLHV Atomic mass: 58.933 amu World annual 57,500 t production of approx.: Density: 8.90 g/cm3 Melting point: 1,495° C Atomic radius: 125.3 pm Boiling point: 2,927° C Color: Metallic Bluish Gray Dicovery: 1732 7RGD\WKHUHLVQRTXHVWLRQRI&REDOW·VYDOXHDVDUDZPDWHULDO&REDOWVWHHO is one of the strongest alloys and is used for drill bits and milling. Highlystressed parts in mechanical engineering, like aircraft turbines, also rely on Cobalt steel. Its applications as an alloying element make the raw material a strategically important metal. It is needed in catalysts, Lithium-ion batteries, and serves as a coloring pigment in porcelain and ceramics. A recent Deutsche Bank report projects electric & hybrid vehicle ownership ZLOOPRUHWKDQGRXEOHE\2QHNH\FRPSRQHQWWRWKRVHÀJXUHVZLOOEH 7HVOD·VQHZPDVVPDUNHWPRGHOZKLFKZLOOXVHORZFRVWEDWWHULHVSURGXFHGE\ 7HVOD·V*LJDIDFWRU\FXUUHQWO\XQGHUFRQVWUXFWLRQLQ1HYDGD According to Simon Moores of Benchmark Mineral Intelligence, Cobalt demand in the battery industry alone could rise 17 percent from 2013 levels, meaning about 7,000 metric tons more per year. Tesla has a mandate to source its raw materials from North America, and while the USGS pegs &DQDGD·V&REDOWSURGXFWLRQDWWRQVWKH8QLWHG6WDWHVSURGXFHV none. Hence, Cobalt shortages are likely in 2017, the same year the factory opens for production. Co 27 Applications - Drill bits and milling 7UDFHHOHPHQWVLQPHGLFLQH - Heat-resistant paints and pigments - Super Alloys for heat and corrosion resistance - Gas and Jet aircraft turbines - Permanent magnets - Batteries for hybrid & electric cars, mobile phones and laptops. - Radio isotopes, radiography - Catalysts (OHFWURSODWLQJDQGSRUFHODLQ enamels - High-speed and high temperature cutting tools and dyes. - Magnetic steels and some types of stainless steels SHUFHQWRIWKHZRUOG·V&REDOWLVKDUYHVWHGDVWKHE\SURGXFWRIFRSSHUDQG nickel mining. Since Cobalt is closely tied to those metals, if copper and/or nickel mining decreases, so will cobalt supply. 7KH ZRUOG·V OHDGLQJ &ROEDOW SURGXFHU LV WKH XQVWDEOH 'HPRFUDWLF 5HSXEOLF of the Congo. It supplies about 55 to 60 percent of Cobalt worldwide. Once PLQHG DSSUR[LPDWHO\ SHUFHQW RI FREDOW UHÀQLQJ LV GRQH LQ &KLQD $Q\ problems in the Congo and China will directly affect the players building battery mega-factories, and thus increase Cobalt prices. Even if things go smoothly, the global cobalt surplus is dwindling, and demand will outpace supply by 2017. According to CRU Group, an internationally UHFRJQL]HGDXWKRULW\RQPLQLQJDQGPHWDOV´7KHFREDOWPDUNHWLVH[SHFWHG to become tight due to a combination of robust demand and absence of a FRQFUHWHSURMHFWSLSHOLQHµ1RPLQHVDUHFRPLQJRQOLQHGXHWRODFNRIIXQGLQJ and with the junior mining sector under tremendous ÀQDQFLDOSUHVVXUHEDQNVIHHOORDQVDUHWRRULVN\ Nickel Nickel was discovered by mineralogist and chemist Baron Axel Fredrik Cronstedt in 1751, who described it as kupfernickel. After discovery, the only source for Nickel was the rare kupfernickel; but VLQFH1LFNHOKDVEHHQDYDLODEOHDVDE\SURGXFWRI&REDOW%OXH7KH ÀUVWODUJHVFDOHSURGXFHURI1LFNHOZDV1RUZD\ZKHUH1LFNHOULFKS\UUKRWLWH KDVEHHQH[SORLWHGVLQFH1LFNHO·VLQWURGXFWLRQLQWRVWHHOSURGXFWLRQ in 1889 increased demand in future years. 7KH3KLOLSSLQHV,QGRQHVLD5XVVLD&DQDGDDQG$XVWUDOLDDUHWKHZRUOG·V largest producers of Nickel, according to the US Geological Survey. 6SHFLÀFDWLRQV Atomic mass: 58.693 amu Density: 8.908 g/cm Atomic radius: 124 pm Nickel has been a component in coinage since the mid-19th century. 3 World annual production of approx.: Melting point: Boiling point: Heat of evaporation: Color: Discovery: 1.6 mllion t 1,455 ° C 2,730° C 379 kJ/mol Metallic Silver 1751 Here is a breakdown of worldwide Nickel consumption, as a percentage of WRWDOJOREDOSURGXFWLRQSHUFHQWIRUPDNLQJ1LFNHOVWHHOVSHUFHQW LQQRQIHUURXVDOOR\VDQGVXSHUDOOR\VSHUFHQWLQHOHFWURSODWLQJDQG percent in other uses. 1LFNHO LV XVHG LQ PDQ\ VSHFLÀF UHFRJQL]DEOH LQGXVWULDO DQG FRQVXPHU products. Due to corrosion resistance, Nickel is a historical substitute for decorative Silver. Nickel also makes an excellent alloying agent for certain other Precious Metals. Products containing Nickel play a major role in everyday life. Compared with other materials, these products offer better corrosion resistance, better toughness, higher strength at extreme high and low temperatures, along with special magnetic and electronic properties. Using Nickel provides a practical improvement to health and safety, along with environmental protection. Since Nickel ores are easily mistaken for Silver ores, understanding of WKLVPHWDODQGLWVXVHGDWHVWRUHODWLYHO\UHFHQWWLPHV+RZHYHU1LFNHO·V unintentional use is ancient, and can be traced back as far as 3500 BCE. Ni 28 Applications - Coinage - Mobile phones - Alnico magnets - Medical equipment (OHFWULFJXLWDUVWULQJV - Microphone capsules 7UDQVSRUWEXLOGLQJV - Rechargeable batteries - Power generation & catalysts )RRGSUHSDUDWLRQHTXLSPHQW - Stainless steel & special alloys Copper Copper is a chemical element with symbol Cu and atomic number 29. It is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; a freshly exposed surface has a reddish-orange color. 6SHFLÀFDWLRQV Atomic mass: 63.546. amu Density: Atomic radius: 8.96 g/cm3 128 pm World annual production of approx.: Melting point: Boiling point: Color: Discovery: 18 million t 1,084° C 2,562° C Metallic Red-Orange 0LGGOH(DVW %&( Copper occurs naturally as native copper, and was known to some of the ZRUOG·VROGHVWFLYLOL]DWLRQV,WVKLVWRU\RIXVHLVDWOHDVW\HDUVROGDQG estimates of discovery center around 9000 BC in the Middle East. Alloying FRSSHUZLWKWLQWRPDNHEURQ]HZDVÀUVWSUDFWLFHGDERXW\HDUVDIWHUWKH GLVFRYHU\RIFRSSHUVPHOWLQJDQGDERXW\HDUVDIWHU´QDWXUDOEURQ]Hµ had come into general use. More than 95 percent of all Copper ever mined has been extracted after DQGRYHUKDOIZDVH[WUDFWHGLQWKHSDVW\HDUV7KHWRWDODPRXQWRI Copper on Earth is big, but only a fraction of these reserves are economically viable to source. Various sources estimate existing Copper reserves to last between 25 and 60 years. 7KHPDMRUDSSOLFDWLRQVRI&RSSHUDUHHOHFWULFDOZLULQJSHUFHQWURRÀQJ and plumbing (20 percent) and industrial machinery (15 percent). Copper is mostly used in pure form, but it is easy to make various stronger alloys when required. A small part of copper supply is used to produce compounds for nutritional supplements and agricultural fungicides. Copper is biostatic, meaning bacteria will not grow on its surface. Cu 29 Applications - Architecture )RON0HGLFLQH (OHFWULFPRWRUV - Compression clothing - Musical instruments - Radio frequency shielding - Antibiofouling applications - Antimicrobial applications - Antimicrobial indoor products (OHFWURQLFVDQGUHODWHGGHYLFHV - Ceramic glazes & stained lass Roughly half of all Copper mined is used to manufacture electrical wire and cable conductors. Electrical devices use Copper wiring because of its many LQKHUHQW EHQHÀFLDO SURSHUWLHV VXFK DV KLJK HOHFWULFDO FRQGXFWLYLW\ WHQVLOH strength, ductility, creep (deformation) resistance, corrosion resistance, low thermal expansion, high thermal conductivity, solderability, and ease of installation. Copper has been popular since ancient times as a durable, corrosion UHVLVWDQW DQG ZHDWKHUSURRI DUFKLWHFWXUDO PDWHULDO 5RRIV ÁDVKLQJV UDLQ gutters, downspouts, domes, spires, vaults, and doors have been made from copper throughout history. Gallium Gallium was discovered in Paris by Paul-Émile Lecoq de Boisbaudran in 1875. He observed a new violet line in the atomic spectrum of a sample of Zinc blende ore (ZnS) from the Pyrenees. Gallium melts and contracts at 29,8 Celsius; when combined with Indium and Tin, it becomes an alloy called Galinstan and is used in thermometers LQSODFHRI0HUFXU\VLQFHWKHWR[LFPHWDO·VEDQ )XQIDFW1RUZD\·VZD[FRDFK.QXW1\VWDGVDZWKH-DSDQHVHSXW*DOOLXP under their skis between heats in the 2009 championships. During the 2011 World Championships, when Norway landed on the podium every night, they used Gallium wax. 6SHFLÀFDWLRQV World annual production of approx.: 100 t Atomic mass: 69.723 amu Melting point: 29° C Density: 5.910 g/cm3 Boiling point: 2400° C Atomic radius: 136 pm Color: Silvery White Discovery: 1875 Chinese Gallium production rose from one third to nearly 80 percent of the global total between 2009 and 2013. Japan is the largest market, by far, but its global market consumption fell from an estimated high of 80 percent in the mid-2000s to about 50 percent in 2013 as China consumes more. Gallium uses are primarily architectural, commercial, consumer portable (for example, torches), industrial, in outdoor and residential lighting, signals IRUH[DPSOHWUDIÀFOLJKWVDQGPRWRUYHKLFOHV$UFKLWHFWXUDOOLJKWLQJKDV been the largest market, but may be overtaken by outdoor and residential illumination needs in the coming years. 3ULFHV ZLOO OLNHO\ EHQHÀW DV *DOOLXP QLWULGHEDVHG /(' OLJKWLQJ EHFRPHV SRSXODU 'HPDQG H[SHFWDWLRQV ULVH UDSLGO\ EHWZHHQ DQG DV JHQHUDOOLJKWLQJPRYHVDZD\IURPLQFDQGHVFHQWDQGÁXRUHVFHQWODPSVWR OLJKWHPLWWLQJGLRGHV/('V7KLQÀOPSKRWRYROWDLFFHOOVDUHDOVRDJURZLQJ market for Gallium, which will increase demand as countries like China and ,QGLDPDNHVLJQLÀFDQWDGYDQFHVLQVRODUWHFKQRORJ\ By the numbers, Gallium is a rare element. Approximately 100 tons of raw Gallium is produced annually, primarily in China. It is found mainly in Aluminum, Zinc and Germanium Ores. The concentration is a maximum of 0.01 percent. With so many uses increasing demand, will long-term supply keep up? Ga 31 Applications - Aerospace applications - LED & Lasers - Illuminating diodes - Integrated circuits/computer chips - Pharmaceuticals & dental - Solar cells - Fuels & Wafers - Nontoxic mercury substitute - Low melt alloys - Hydrogen production - Radiopharmaceutical agents Germanium 6SHFLÀFDWLRQV Atomic mass: 72.630 amu World annual 118 t production of approx.: Density: 5.323 g/cm3 Melting point: 938.25° C Atomic radius: 122 pm Boiling point: 2,833° C Color: Grayish White Discovery: 1886 Germanium was discovered by Clemens A. Winkler at his Freiberg, Germany laboratory in 1886. ,WV RULJLQDO XVH ZDV DOPRVW H[FOXVLYHO\ LQ VHPLFRQGXFWRUV ,Q D germanium transistor created high demand for solid state conductors. Today, *HUPDQLXPÀQGVXVHLQÀEHURSWLFVLQIUDUHGRSWLFVVRODUFHOOVH[SHULPHQWDO pharmaceuticals and various other applications. Due to its optical dispersion properties, Germanium oxide is useful in wide DQJOH FDPHUD OHQVHV REMHFWLYH OHQVHV IRU PLFURVFRSHV DQG RSWLFDO ÀEHUV &XUUHQWO\WKHVHDUHWKHPDMRUXVHVIRUWKLVHOHPHQW,W·VDOVRDFDWDO\VWIRU polymerization and used in a PET plastic bottles made in Japan. Another large percentage goes into solar energy pursuits and smartphone radio technology. *HUPDQLXP·V SURSHUWLHV DUH DGYDQWDJHRXVLQ PDNLQJ VSHFLDOL]HG JODVV IRU militaries. For example, it is in manufacturing night vision scopes and optics, which have great potential demand for military and commercial use. Satellite DQGÀUHDODUPV\VWHPVPD\DOVRLQFOXGHJODVVFRQWDLQLQJ*HUPDQLXP,QIUDUHG WKHUPDO LPDJHUV DUH ZLGHO\ XVHG LQ SUHYHQWDWLYH GHWHFWLRQ ÀUH FRQWURO VHFXULW\DQGRWKHUÀHOGV7KHLQIUDUHGRSWLFVÀHOGUHPDLQVWKHSULPDU\JURZWK point of future demand for Germanium. Ge 32 Applications 3(7%RWWOHV )LEHU2SWLFV - Solar Panels - Camera Lenses - Rewritable DVDs - Photovoltaic cells 5DGLDWLRQ,GHQWLÀFDWLRQ ,QIUDUHG2SWLFDO(TXLSPHQW - High Speed Integrated Circuits Germanium supply is tied to Nickel and Zinc production; to supply more Germanium, Nickel and Zinc production would have to increase substantially. This would be uneconomic, however, because the demand for Nickel and Zinc is not high enough to warrant that much extraction. A large percentage of Germanium comes from countries not friendly to the ´ZHVWµ&KLQDSURGXFHVSHUFHQWDQG5XVVLDSURGXFHVIRXUSHUFHQW/HVV than three percent comes from America. Thus, while western supply is not ensured, demand will endure regardless. China has greater say in Germanium prices, partly thanks to growing LQGXVWULDO FKDLQ LQWHJUDWLRQ GXULQJ 7KH SULFH LV VWDEOH DW KLJK OHYHO as downstream consumers purchase from hand to mouth. In the face of JURZLQJJOREDOGHPDQGDQG&KLQD·VSURWHFWLRQRI6WUDWHJLF0HWDOVEDVHGRQ the premise of hoarding precious resources, how will Germanium price trend going forward? There are concerns, particularly among leading LQGXVWULDOL]HG QDWLRQV WKDW WKH VXSSO\ RI VLJQLÀFDQW industrial resources like Germanium could become more precarious in coming decades. Molybdenum Molybdenum was discovered by Swedish chemist and mineralogist Peter Jacob Hjelm in 1781. Molybdenum has the sixth highest melting point of any element. It is highly corrosive-resistant, and does not expand, contract, harden, or soften under extreme temperature changes. With good heat resistance and excellent conductivity, it is perfect for super alloys. 0RO\EGHQXPGHPDQGKDVLQFUHDVHGVLJQLÀFDQWO\LQUHFHQW\HDUV8VHVIRU molybdenum products are mostly industrial, and include energy generation, oil and gas (used as a hydroproccessing catalyst in petroleum production), geothermal, turbines for water, wind and nuclear power, chemical processing, transportation, mining, mechanical engineering, building and construction DQGIDEULFDWLRQVRODUFHOOVDQGÁDWVFUHHQVWRQDPHDIHZ 6SHFLÀFDWLRQV Atomic mass: 95.940 amu World annual production of approx.: Density: 10.280 g/cm3 Melting point: 2,623° C Atomic radius: 190 pm Boiling point: 4,639° C 200,000 t Color: Metallic Gray Discovery: 1781 The Alaskan Pipeline contains a half-inch metal alloy which can withstand up to 25,000 PSI and temperatures of -70 degrees Fahrenheit. The pipeline contains up to seven percent molybdenum in the 800 miles it spans. Without molybdenum, the pipeline could not boast a 99 percent reliability rate, which delivers the U.S. with approximately 775,000 barrels of oil per day. 0RO\EGHQXPGLVXOÀGHDOVRNQRZQDVPRO\EGHQLWHJDUQHUHGLQWHUHVWLQWKH tech space this past year as researchers use it to improve digital cameras, sodium-ion batteries and more. The aerospace and chemical industries use Molybdenum to make valve and turbine blades, and petroleum processing plants use drills and milling machines containing the metal. Molybdenum is insensitive to reducing acids, and when powdered or blended with oil the raw material withstands extreme pressures and temperatures. Such properties make Molybdenum a high-performance lubricant with few peers. &KLQD LV WKH ZRUOG·V ODUJHVW 0RO\EGHQXP SURGXFHU :KLOH SURGXFLQJ 32 percent of Molybdenum worldwide between 2000 and 2013, China contribution is expected to decline to roughly 28 percent between 2019 and 2023. 2QFH DJDLQ &KLQD EHQHÀWV LQ WKLV VFHQDULR 7KH\ FRQWURO SHUFHQW RI WKH ZRUOG·V UHVHUYHV DQG RI FXUUHQW ZRUOG SURGXFWLRQ PDNLQJ &KLQD the global market leader. Other large reserves are found in the USA and Chile. Approximately 200,000 tons are produced worldwide, with almost 30 percent of demand met by recycling. Supplies cannot meet demand over the next few years, and there is a shortfall expected in 2017. Mo 42 Applications 7KLQÀOPWUDQVLVWRUV - Dietary supplements - Aircraft and rocket parts - Catalyst for sulfur removal - corrosion and heat resistance - Radiopaque medium for x-rays - Sealed electrical lines in halogen and high-pressure gas discharge lamps - Alloying additive for increasing strength Ruthenium 6SHFLÀFDWLRQV Atomic mass: 101.07 amu World annual 20 t production of approx.: Density: 12.45 g/cm3 Melting point: 2,334° C Atomic radius: 134 pm Boiling point: 4,150° C Color: Silvery White Discovery: 1844 Ruthenium is a rare transition metal belonging to the Platinum group of the periodic table. Like the other Platinum group metals, Ruthenium is inert to most other chemicals. The name comes from the Latin word for the country of Russia, Ruthenia. 5XWKHQLXPZDVGLVFRYHUHGE\5XVVLDQFKHPLVW.DUO.DUORYLFK.ODXVLQ while analyzing Platinum ore residue obtained from the Ural Mountains. Ruthenium usually occurs near deposits of Platinum, and is primarily a E\SURGXFWRIPLQLQJDQGUHÀQLQJ3ODWLQXP,WLVDOVRDE\SURGXFWRIWKH1LFNHO mining operation in the Sudbury region of Ontario, Canada. Industrial extraction of Ruthenium is complex as the metal occurs in ores mixed with other metals such as Rhodium, Palladium, Silver, Platinum, and Gold. As a result only about 20 tons of Ruthenium are available annually. 5XWKHQLXPLVDPRQJ(DUWK·VUDUHVWPHWDOVDQGGHPDQGLVULVLQJWKHPHWDO ÀQGV XVH LQ WKH HOHFWURQLF SHUFHQW DQG WKH FKHPLFDO LQGXVWU\ percent), with smaller amounts in creating alloys. In electronics, it previously was used mostly for electrical contacts, but now goes into chip resistors. In the chemical industry, Ruthenium is used in the anodes for chlorine production in electrochemical cells. Ru 44 Applications - Catalysts (OHFWURQLFV - Chip resistors (OHFWULFDOFRQWDFWV - Chemical industries - Precious metals alloys (PHUJLQJPDJQHWWHFKQRORJ\ Ruthenium catalysts provide a way of converting light energy into electrical energy, and can be used in solar cells. The process mimics photosynthesis, where green plants change sunlight into stored chemical energy. Ruthenium is primarily used as an alloying agent. Adding 0.1 percent Ruthenium to Titanium makes Titanium 100 times more resistant to corrosion. Small amounts of Ruthenium are added to Platinum and Palladium for added strength. These alloys are found in jewelry and in electrical contacts. The metal also has exotic and currently-unused properties, such as quantum critical point behavior, exotic superconductivity, and high-temperature ferromagnetism. Thus, Ruthenium has potential in wholly undeveloped capacities, and requires more research. Supply of Ruthenium is unstable. Both the top producer and largest reserve holder is South Africa, whose production is notoriously disrupted by politics, economic unrest, and failures in the power grid. Outside of new recycling methods, if Ruthenium supply is disrupted, there is simply no source of the scarce metal. Rhodium Rhodium is a hard, durable metal with a silvery appearance and high UHVLVWDQFHWRFRUURVLRQ,WLVRQHRIWKHUDUHVWPHWDOVLQWKH(DUWK·VFUXVWD factor that, complemented by its value for many applications, ensures its extremely high cost. 5KRGLXP LV D VRFDOOHG ´QREOH PHWDOµ UHVLVWDQW WR FRUURVLRQ DQG ZDV discovered in 1803 by William Hyde Wollaston. Industrial extraction of rhodium is complex, as the metal occurs in ores mixed with other Precious Metals. Commonly found in Platinum ore, it is H[WUDFWHGDVDZKLWHLQHUWPHWDOZKLFKLVGLIÀFXOWWRIXVH 6SHFLÀFDWLRQV Atomic mass: 102.905 amu Density: Atomic radius: 12.41 g/cm3 134 pm South Africa is the main exporter of Rhodium (approximately 80 percent in 2010), followed by Russia. The annual world production of this element is 30 tons, and there are very few Rhodium-bearing mines. Per year, approximately 30 tons are used for catalytic converters, one ton is used in WKHJODVVLQGXVWU\SULPDULO\IRUÀEHUJODVVDQGÁDWSDQHOJODVVSURGXFWLRQ and 2.5 tons in the chemical industry (plating for tarnish resistance). Plus, there is demand related to Precious Metal industries. 5KRGLXP·VPDMRUXVHDSSUR[LPDWHO\SHUFHQWRIZRUOGSURGXFWLRQLVDV a catalyst component in the three-way automobile catalytic converters. As Rhodium is inert against corrosion and most aggressive chemicals, and because of rarity, Rhodium is usually alloyed with Platinum or Palladium for use in high-temperature and corrosion-resistive coatings. Rhodium GHWHFWRUVDUHXVHGLQQXFOHDUUHDFWRUVWRPHDVXUHQHXWURQÁX[OHYHOV Rhodium price is historically variable. In 2007, Rhodium cost approximately HLJKW WLPHV PRUH WKDQ *ROG WLPHV PRUH WKDQ 6LOYHU ULVLQJ DERYH $10,000 per ounce ($350,000 per kg). The economic slowdown in mid2008 pushed Rhodium prices sharply back below $1,000 per ounce ($35,000 per kg); prices rebounded and stabilized in recent years. According to a January 2015 report from Deutsche Bank, global demand will exceed supply every year through 2020, resulting in an accumulated shortfall of 530,000 ounces. The bank forecasts supply will drop 0.7 percent this year as consumption jumps 5.8 percent to1.09 million ounces, the highest since Johnson Matthey started tracking the data in 1985.This ensures increasing prices in the years to come. World annual production of approx.: Melting point: 1,964° C Boiling point: 3,695° C Color: Silvery White Matallic Discovery: 1803 30 t Rh 45 Applications - Alloys - Optical coatings 7KHUPRFRXSOHV - Nano materials - Mammography X-Rays (OHFWURGHVIRUVSDUNSOXJV - Advanced laboratory equipment - Automotive catalytic converters - Semiconductor & sputtering targets - Metallurgy, chemical and physical vapor deposition Palladium 6SHFLÀFDWLRQV Atomic mass: 106.420 amu World annual 190 t production of approx.: Density: 12.023 g/cm3 Melting point: 1,554° C Atomic radius: 139 pm Boiling point: 2,963° C Color: Silvery White Discovery: 1803 Palladium is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. Named after the asteroid Pallas, the epithet of the Greek goddess Athena was acquired by her when she slew Pallas. As a rare Precious Metal, few regions worldwide produce Palladium. In 2007, 5XVVLDZDVWKHWRSJOREDOSURGXFHURI3DOODGLXPDWSHUFHQWIROORZHGE\ 6RXWK$IULFDZLWKSHUFHQW$WVL[SHUFHQWDQGÀYHSHUFHQWUHVSHFWLYHO\ &DQDGD DQG WKH 86 DUH WKH RQO\ RWKHU VLJQLÀFDQW SURGXFHUV 5XVVLD DQG South Africa, known to be higher-risk jurisdictions, account for almost 80 percent of global Palladium supply. Growth in mine supply is constrained, largely due to political, infrastructure and cost factors in South Africa. In Russia, Palladium production may decline partly because of the Ukraine crisis, and a limited number of new projects on the near-term horizon. This ZLOOH[DFHUEDWHWKHH[SHFWHGODUJH3DOODGLXPGHÀFLWDIWHU Many sources also speculate the Russian stockpile has long been over-sold, and there is not nearly as much Palladium still in the ground as believed. Coupled with the growing unrest between Russia and the West, a supply crisis could be underway within the decade. The numerous applications and limited supply sources of Palladium result in considerable investment interest. Pd 46 Palladium is currently trading at the highest prices since 2001, and is SURMHFWHG WR UHPDLQ VWURQJ WKURXJK DV VXSSO\ GHÀFLWV SHUVLVW 7KH outlook for Palladium over the next ten years predicts a return to historically high prices. World demand for Palladium increased from 100 tons in 1990 to nearly 300 tons in 2000. The global production of new Palladium was 222 tons in 2006, according to USGS. Applications (OHFWURQLFV (OHFWULFDOFRQWDFWV - Aircraft spark plugs - Catalytic converters - Green tech fuel cells - Surgical instruments - Medicine & Dentistry - Blood sugar test strips - Groundwater treatment - Jewelry & Watch making - Key component in cold fusion - Production of high purity hydrogen The demand for Palladium in the automotive industry (67 percent of total supply used for catalytic converters) has more than doubled during the last \HDUVLQWKH%5,&·VGXHWRHPHUJLQJDIÁXHQFHORZYHKLFOHSHQHWUDWLRQ per capita, and an increase in global automotive production. The tightening of emissions standards worldwide will result in steady catalytic converter demand growth, and thus the need for Palladium. For almost 7,000 years, humanity has known: Silver is a metal with a bright future, in the truest sense of the term. Silver has been used as currency for thousands of years, and in many cultures and civilizations. Even today, the mention of Silver in many languages induces visions of money. Though it has been popular mainly in coinage and jewelry, the last few decades demonstrated Silver is an indispensable industrial metal. Unlike Gold, which has no particular industrial use, Silver is beautiful and has several unique characteristics. 1RRWKHUPHWDOUHÁHFWVOLJKWRUFRQGXFWVHOHFWULFLW\EHWWHUPDNLQJLWKDUG to imagine modern electronics in vehicles or the entertainment industry without Silver. Silver performs excellent in high-performance applications where any loss of signal is unacceptable. This just one example. Silver 6SHFLÀFDWLRQV Atomic mass: 107.868 amu World annual production of approx.: Density: 10.490 g/cm3 Melting point: 961.78° C Atomic radius: 165 pm Boiling point: 2,162° C Color: Shiny White Discovery: before 5000 BC 20,800 t Silver is one of the best antibacterial elements available, and is essential to ZDWHUÀOWHULQJPHGLFLQHVDQGVHYHUDOFXUUHQWDQGIXWXUHQDQRWHFKQRORJLHV which need this property such as fridges and air conditioners. Optical DQG KHDW UHÁHFWRUV ZRXOG QRW EH QHDUO\ DV HIIHFWLYH ZLWKRXW 6LOYHU $OOR\ and solder quality would suffer without Silver. With a wide spectrum of applications, ranging from catalysts to dental technology, it is not surprising Silver is one of the most sought-after industrial metals. Demand now outstrips supply, and as China and India have increased imports, further strain on the Silver market will come. In 2015, India alone is expected to import a third of yearly global production, which marks a LQFUHDVHRYHUÀJXUHV$VGHPDQGFRQWLQXHVWRLQFUHDVHDQG supply dwindles, the market for this shiny metal will increase rapidly. Consumption is already higher than supply, and if the situation persists, above-ground stockpiles face depletion. Silver production averaged around 21,000 tons in the last few years, and the largest producers are Peru, Mexico, and China. Both the Fraunhofer Institute and the Rhine-Westphalia Institute for Economic Research, in Germany, predict worldwide Silver shortages in the near future. Ag 47 Applications ÀOWUDWLRQ - Batteries - Catalysts 5),'FKLSV - Solar technology - Plasma screens - Medical technology (OHFWULFDOHQJLQHHULQJ - Photography and electronics - Currency, jewellery and silverware - Antibacterials prevention and water Indium Indium was discovered by German chemists Ferdinand Reich and Hieronymus Theodor Richter in 1863. The men were looking for traces of the element Thallium in samples of Zinc ore. 6SHFLÀFDWLRQV Atomic mass: 114.818 amu World annual production of approx.: Density: 7.310 g/cm3 Melting point: 156.6° C Atomic radius: 156 pm Boiling point: 2,072° C Color: Silvery White Glossy Discovery: 1867 600 t Indium, whose name was coined after the color of the spectral line, was SUHVHQWHG WR WKH SXEOLF LQ ODUJH DPRXQWV IRU WKH ÀUVW WLPH LQ DW WKH 3DULV·:RUOG([KLELWLRQ,WVFRPPHUFLDOXVHDVDEHDULQJFRDWLQJLQDLUFUDIW engines began during the Second World War. Already, Indium was preparing to take over the world. Today, Indium is found in all Liquid Crystal Displays, WRXFKVFUHHQVL3KRQHVÁDWVFUHHQVPRELOHSKRQHVDORQJZLWKFRPSXWHUV« basically, all the most popular 21st century innovations. Just as we are all getting used to being surrounded by touchscreen gadgets, we may be heading towards a serious manufacturing problem, according WR1HZ6FLHQWLVW<DOH8QLYHUVLW\·V7KRPDV*UDHGHOZDUQVVWRFNVRI,QGLXP are running low and will likely be exhausted by 2020. A new article by New 6FLHQWLVWUHSRUWHU-DPHV0LWFKHOO&URZFODLPVWKHZRUOG·VUHVHUYHVRI,QGLXP may only last another decade. )URP FRDWLQJ QRQIHUURXV PHWDOV WR DLUFUDIW HQJLQH EHDULQJV ,QGLXP·V versatility makes it invaluable to many industries. Supply concerns are on the horizon, however, and while recycling has notably increased, especially in Japan, the total recycling rate sits at less than one percent. In 49 Applications - Illuminating diodes (QJLQHEHDULQJVRIKLJKVSHHG motors (OHFWULFDOFRPSRQHQWV - Sealing in cryogenic applications - High-end device cooling - Semiconductor materials, InAs, InGaAs, and InGaN, - Integrated circuits, lasers, solar DQG/('V )ODWVFUHHQV'LVSOD\V &HOOSKRQHVQDYLJDWLRQV79 - Medical technology 7UDQVLVWRUVUHFWLÀHUVWKHUPLVWRUV and photoconductors. As early as 2006, 230 of the 600 tons produced annually were needed display production alone; by 2030, the renowned Fraunhofer Institute of *HUPDQ\ SUHGLFWV D KXJH DQQXDO GHPDQG RI WRQV 0RUH WKDQ ÀIW\ percent of production comes from China, the biggest supplier. The largest Indium deposits are also found there, an estimated 8,000 of 11,000 tons total. The shiny, silvery Indium is very soft in its pure form. You could carve ÀJXUHVIURPLWRUQRWFKLWZLWK\RXUÀQJHUQDLO No other metal is as versatile as Indium. In its various forms, it is used for a huge range of vital applications. Our world would be completely different without Indium. Tin Tin is a chemical element with the symbol Sn (for Latin: stannum) and atomic number 50. The name comes from German zinn, and Swedish tenn. 7KHÀUVWODUJHVFDOHDOOR\XVHGLQ%&ZDVEURQ]HDFRPELQDWLRQRI Tin and Copper. After 600 BC, pure metallic Tin was produced. In modern times, Tin is used in many alloys, most notably Tin/Lead soft solders, which are typically 60 percent or more Tin. This application accounts for over 50 percent of Tin consumption. Another common application is corrosion-resistant plating of steel. Because of its low toxicity, Tin-plated metal is commonly used for food packaging as Tin cans, which are made mostly of steel. 6SHFLÀFDWLRQV Atomic mass: 118,71 amu World annual production of approx.: Density: 7.365 g/cm3 Melting point: 232° C Atomic radius: 140 pm Boiling point: 2,602° C Color: Silvery White Discovery: Around 3500 BC 321,000 t $ERXW WRQV RI 7LQ ZDV PLQHG LQ LQ &KLQD SHUFHQW Indonesia (30 percent), Peru (12 percent), Bolivia and Brazil (7 percent). ,W·V HVWLPDWHG WKDW DW FXUUHQW FRQVXPSWLRQ UDWHV (DUWK ZLOO UXQ RXW RI PLQDEOH7LQLQ\HDUV+RZHYHU/HVWHU%URZQSURMHFWVLWFRXOGEHPRUH like 20 years based on extremely conservative extrapolation growth of two percent per year. This could mean supply crunches and rising prices in years to come. Tin is in critically short supply primarily due to demand from the electronics industry and emerging Asian economies, along with diminishing production and use of Tin in more types of products. Tin faces a supply shortage as old mines close, ore grades decline, and limited new supply comes on-stream. Additionally, the biggest Tin mine in South America closes in 2017. China is battling rising labor costs and tighter environmental restrictions, which will inhibit production. Indonesia forecast a decline in shipments of 7LQLQGXHWRWKHJRYHUQPHQW·VUHVWULFWLYHH[SRUWSROLF\RQQDWXUDO Applications resources. Due to declining production from the two largest producers (China and Indonesia), world stockpiles fell in recent years. China continues to be the largest producer of Tin, but increasingly uses low-grade ore to cover their needs. They also import Tin, underscoring their need for the metal. Tin price on the LME was $15,700 per metric ton in May 2015. Capital (FRQRPLFV H[SHFWV SULFHV WR ULVH WR E\ ODWH 2016. BNP Paribas forecasts $27,500 per ton in 2016. Sn 50 Applications - Solders - Metal pipes - Metal Alloys - Li-ion batteries - Plating & Tin Chemicals - Cladding for Nuclear Fuel - Coating to prevent corrosion - Food preservation containers - Superconductor below 3.72 K - Electrically conductive coatings - Superconducting Mag nets (Nb3Sn) Dysprosium 6SHFLÀFDWLRQV Atomic mass: 162.5 amu Density: Atomic radius: 8.54 g/cm3 178 pm World annual production of approx.: 100 t Melting point: 1,407° C Boiling point: 2,562° C Color: Discovery: Silvery White 1886 One of the metals RAL is most excited about currently is also listed as PRVW´DWULVNµIRUVXSSO\VKRUWDJHVE\WKH(8'\VSURVLXPLVIRXQGLQPDQ\ minerals including xenotime, fergusonite, gadolinite, euxenite, polycrase, blomstrandine and monzonite, but remains challenging to separate. This H[SODLQVZK\LWVQDPHPHDQV´GLIÀFXOWWRJHWDWµLQ*UHHN )LUVW LGHQWLÀHG LQ E\ 3DXO ePLOH /HFRT GH %RLVEDXGUDQ LQ 3DULV Dysprosium can be cut with a knife, tarnishes slowly in air, and burns readily. Dysprosium is vital to many applications and industries, ranging from nuclear power and refrigeration, to lasers, commercial lighting and automobiles. One exciting application is in electric and hybrid electric vehicles, which are being strongly promoted in China and the EU. This industry alone requires over JUDPVRI'\VSURVLXPLQWKHGULYHPRWRUIRUHYHU\FDUSURGXFHG7R\RWD·V projected output of 2 million cars per year will require more Dysprosium than currently available. Dysprosium is also used to measure radiation, and in metal-halide lamps. It is used to reinforce other materials, as a catalyst, and in high-precision liquid fuel injectors. Dy 66 Applications - Catalysts 7UDQVGXFHUV - Dosimeters - Nuclear Reactors 7UDQVSDUHQWHOHFWURQLFV - Laser and Commercial Lighting 'ULYH0RWRUVLQ(OHFWULF9HKLFOHV - Wide Band Mechanical Resonators +LJK3UHFLVLRQ/LTXLG)XHO Injectors - Data Storage Applications (Hard Disks) - Adiabatic Demagnetization Refrigerators During a recent European Union study, only eight metals were listed as ´$W 5LVNµ IRU VXSSO\ VKRUWDJHV UHVXOWLQJ IURP GHFDUERQL]DWLRQ HIIRUWV '\VSURVLXP ZDV OLVWHG DV PRVW ´DW ULVNµ ,Q IDFW WKH 86 'HSDUWPHQW RI 'HIHQVHH[SHFWVDWRQ'\VSURVLXPVXSSO\GHÀFLWQHHGHGIRUXQVSHFLÀHG PLOLWDU\DSSOLFDWLRQVLQIXWXUHFRQÁLFWV A recent development in the Dysprosium market comes from Tesla, Elon 0XVN·V VXFFHVVIXO HOHFWULF YHKLFOH FRPSDQ\ &DOOHG ´3RZHUZDOOµ 0XVN intends to revolutionize how we power our homes by selling a battery utilizing Dysprosium. The devices are sold out through 2016, but with Dysprosium supplies stretched thin already, the metal is primed see higher prices. 6KRXOG7HVOD·VQHZHVWFUHDWLRQEHVXFFHVVIXOWKH\FRXOGEHFRPHDSULPDU\ consumer of Dysprosium. Additionally, Tesla will still churn out their electric vehicles, with plans to sell a lower-cost model by 2017. We may see more competition in the vehicle PDUNHWWRRVLQFH*HQHUDO0RWRUVSODQVWRXQGHUFXW7HVOD·VPRUHDIIRUGDEOH option by a few thousand. Both companies will need Dysprosium to meet their goals. '\VSURVLXPLV´GLIÀFXOWWRJHWDWµ7KHODUJHQXPEHURIJURZLQJDSSOLFDWLRQV almost ensures supply shortages are coming. Therefore, values of this versatile metal are almost certain to increase. Dutch physicist Dirk Coster and Hungarian chemist George de Hevesy discovered Hafnium during an X-ray spectroscopy of Norwegian Zircon in Copenhagen in 1923. Ever since, this element has been regarded as D VSHFLDOLVW ZLWK YHU\ VSHFLÀF XVHV 7KH QHZ UDZ PDWHULDO WRRNLWV QDPH IURPWKHZRUG´+DIQLDµWKH/DWLQQDPHIRU&RSHQKDJHQWKRXJKLWFRPHV predominantly from Australia and South America. ([WUDFWLQJ +DIQLXP LV H[WUHPHO\ GLIÀFXOW 7KH ÀUVW VWHS LV WKH DUGXRXV task of isolating and exposing it from Zirconium. Not possible during manufacturing, its isolation is a completely separate process. Hafnium 6SHFLÀFDWLRQV Atomic mass: 178.490 amu World annual production of approx.: Density: 13.310 g/cm3 Melting point: 2,233° C Atomic radius: 208 pm Boiling point: 4,603° C Color: Silvery Discovery: 1922 Hafnium, an unknown-to-mainstream metal, has seen sharp price LQFUHDVHV GRXEOLQJ LQ SULFH IURP DV VXSSOLHV FRQWLQXH WR dwindle. As such, prices are set to soar in the next two to three years. Some sources predict the world may deplete Hafnium stockpiles in a decade if supplies are not replenished soon. Already, above-ground stockpiles are critically low, and with increasing nuclear industry use, shortages are on the horizon. Traditionally, Hafnium is used in nuclear control rods in the wake of disasters such as Fukushima. Recently, it found additional application in super alloys used by aerospace industry, and in industrial gas turbines. 3ODVPDZHOGLQJWRUFKHVDUHDOVRDFRPPRQXVHWKDQNVWR+DIQLXP·VKLJK melting point. It is an electrical insulator in microchips, semiconductors, integrated circuits, and works to catalyze certain polymerization reactions. Hafnium is irreplaceable in many of these functions. +DIQLXP·V XVH LQ VXSHU DOOR\V IRU JDV WXUELQHV ZLOO IRU WKH IRUHVHHDEOH future, drive the market. Full aerospace order books, along with predictions industry demand could double within the next two decades, will certainly put additional pressure on existing producers. In nature, Hafnium occurs with Zirconium at a ratio of around 1:50. Less than 80 tons of Hafnium is produced yearly, not enough to cover world demand. With declining Zirconium production, there will not be enough Hafnium. Producers vow to crank up production, but the dilemma remains: Zirconium and Hafnium, like in nature, are coupled in the market like Siamese twins. 65 t Hf 72 Applications - Lasers (OHFWURGHV - Super alloys - Nuclear technology - Incandescent lamps )LODPHQWIRUOLJKWLQJ - Plasma cutting tools - New high capacity power plants - Computer chips (e.g. Intel processors) )ODVKODPSVZLWKKLJKOXPLQRXV HIÀFLHQF\ Tantalum 6SHFLÀFDWLRQV World annual production of approx.: Atomic mass: 180.948 amu Density: 16.690 g/cm3 Melting point: Boiling point: 200 pm Atomic radius: 1,160 t 3,017° C 5,458° C Color: Silvery White Discovery: 1844 7DQWDOXV D ÀJXUH IURP *UHHN P\WKRORJ\ VHUYHV DV WKH QDPHJLYHU IRU WKLV rare raw material. He once dined with the Gods and stole nectar, ambrosia, and a golden dog from the Temple of Zeus. He was subsequently punished ZLWK´(WHUQDO7RUPHQW´IRUKLVFULPHV A suitable name, thought Anders Gustaf Ekeberg, who discovered Tantalum LQ&ROXPELWHRUHLQLQ)LQODQG7KHQDPHÀWVDVWKHYHU\VWDEOHPHWDO PXVW´ODQJXLVKLQSDLQDQGFDQQRWTXHQFKLWVWKLUVWµDVGLG7DQWDOXVLQWKH underworld. ,WKDVVHYHUDOGHÀQLQJFKDUDFWHULVWLFVKLJKPHOWLQJSRLQWFRUURVLRQUHVLVWDQFH hardness of 6.5, and chemically inert. These attributes mean Tantalum has a wide range of uses. Today, Tantalum is used in many areas; our modern 21st Century life would be hard to imagine without this metal. Tantalum capacitors are small, powerful, and suitable for high-frequency ranges. They are used in mobile phones, computer and videogame consoles, medical equipment, and radios. 7KDQNVWR7DQWDOXP·VKLJKGHQVLW\DQGPHOWLQJSRLQWQHZXVHVDUHFRQVWDQWO\ engineered. Explosive charges and armor-piercing weaponry and two new uses, and as countries worldwide expand their military capabilities, Tantalum will be in need. Ta 73 The European Parliament, in a surprise decision, voted to ban all products FRQWDLQLQJ FRQÁLFW PLQHUDOV RU ´EORRG PHWDOVµ RQ 0D\ 7KH decision will affect 880,000 companies in the EU alone. This may create a VLJQLÀFDQWVKRUWDJHDQGLQFUHDVHSULFHVLQFRPLQJ\HDUV Applications (QJLQHEHDULQJ - Chemical industry - All electronic devices - Surgical instruments - capacity SMD technology - Ultra small capacitors with high capacity SMD technology In addition, Tantalum is used as an alloy in aircraft turbines, nuclear reactors, and missile parts because of its high melting point. Being non-toxic and nonUHDFWLYHWRERG\ÁXLGVLWLVDOVRXVHGLQPHGLFDOLPSODQWV - Medical implants, bone nails, prosthesis, maxillary screws, dental & hip replacements - High-end Watches - Armor-piercing weaponry 7DQWDOXP·V XVH LQ FDSDFLWRUV DORQH FRQVXPHV WRQV RI WKH WRQV produced worldwide. By 2030, the amount needed for capacitors will rise to DQHVWLPDWHGWRQV&XUUHQWO\7DQWDOXPLVPRVWO\SURGXFHGLQ$XVWUDOLD with Brazil and Canada a distant second and third. Tungsten 7KH ZRUG 7XQJVWHQ FRPHV IURP WKH 6ZHGLVK 7XQJ 6WHQ OLWHUDOO\ ´KHDY\ VWRQHµ WKRXJK WKH QDPH LV YROIUDP LQ 6ZHGLVK WR GLVWLQJXLVK LW IURP Scheelite, which in Swedish is also called Tungsten. A hard, rare metal under standard conditions, Tungsten is only found QDWXUDOO\ LQ FKHPLFDO FRPSRXQGV ,W ZDV LGHQWLÀHG DV D QHZ HOHPHQW LQ DQG ÀUVW LVRODWHG LQ 2I DOO SXUH PHWDOV 7XQJVWHQ KDV WKH KLJKHVWPHOWLQJSRLQW&) :KLOHLW·VQRWQHZVWKDWWXQJVWHQLVDFULWLFDOPHWDOZHVKRXOGQRWHWKDW tungsten is making its way up the global critical metals list. 6SHFLÀFDWLRQV Atomic mass: 183.840 amu World annual production of approx.: Density: 19.250 g/cm3 Melting point: 3,422° C Atomic radius: 193 pm Boiling point: 5,555° C Color: Gray Discovery: 1973 By far, the largest consumer of Tungsten is China, accounting for 55 percent of total world consumption in 2010, followed by the USA (13 percent) and Europe (12 percent). China is also the biggest producer. Add in mine closures, production disruptions, and lack of new supply from western mines, and the outlook for Tungsten supply looks bleak. 38,000 t (YHQDVGHPDQGVWHDGLO\ULVHVWKHZRUOG·VODUJHVWQRQ&KLQHVH7XQJVWHQ mine will be exhausted by next year. China aims to further control Tungsten output through industry consolidation and targeting illegal production and smuggling. While other sources have ramped up metal production, China still produced RIWKHZRUOG·V7XQJVWHQLQ7KH\DUHIRUHFDVWWRPDLQWDLQRI global production in 2018. The automotive industry is the largest global consumer of Tungsten and is one of the main drivers behind Tungsten demand growth. In particular, 7XQJVWHQ·V UHVLVWDQFH WR FRUURVLRQ ZDUSLQJ DQG ZHDU PDNH LW LGHDO IRU these uses, and also in electrical contacts and voltage regulators. The BGS describes Tungsten as a key hard metal used in almost all cutting tools. It is an important metal with no substitutes, and a key component in steel manufacturing, construction, oil drilling, and mining industries. Price is expected to rise due to supply and demand until 2017. W 74 Applications - Jewelry - Counter balances - Vibration governos - Industrial catalysts - Chemical compounds - Rocket engine nozzles - Super alloys and steels -HWHQJLQHVÁ\ZKHHOV - Rotor blades & gyro rotors - Arc welding & die cast tooling - Radiopharmaceutical industry ,QFDQHVFHQWÀODPHQWV;UD\ tubes - Military applications and armanents Rhenium Discovered in 1925 by Walter Noddack, Ida Tacke and Otto Berg in Germany, Rhenium was the last stable element discovered. It was named after the river Rhine in Europe. 6SHFLÀFDWLRQV Atomic mass: 186.207 amu World annual production of approx.: Density: 21.02 g/cm3 Melting point: 3,186° C Atomic radius: 193 pm Boiling point: 5,596° C Color: Gray Discovery: 1922 50 t Nickel-based super alloys of Rhenium are used in combustion chambers, turbine blades, and exhaust nozzles of commercial and military jet engines by all engine manufacturers because, thanks to Rhenium, the higher WHPSHUDWXUHVUHTXLUHGLQMHWÁLJKWDUHPDQDJHDEOH7KHUHIRUHHQJLQHVUHTXLUH less fuel when operating. In 2006, consumption by engine manufacturers alone was 28 percent for General Electric, 28 percent for Rolls Royce, and 12 percent for Pratt and Whitney. Additionally, Rhenium is used in turbines for nuclear, wind, gas and hydroelectric power. &KLQDLVFXUUHQWO\EXLOGLQJWKHELJJHVWDLUÁHHWLQWKHZRUOGDGGLWLRQDOO\5XVVLD LV XSGDWLQJ DQG H[SDQGLQJ LWV ROG PLOLWDU\ DQG FRPPHUFLDO ÁHHW QHZ planes and 1,000 new helicopters). Such developments discount demand from current users which, at the moment, consumes more than yearly global production. These super alloys contain up to six percent Rhenium, making jet engine construction the largest single use for the element, with chemical industry‘s catalytic uses being the next-most important. Re 75 The remaining 18 percent of Rhenium is used predominantly for PlatinumRhenium catalysts, primarily used in producing lead-free high-octane gasoline. Other applications include X-ray technology, self-cleaning electrical FRQWDFWVÁDVKSKRWRWHFKQRORJ\DQGLVRWRSHVXVHGLQWKHWUHDWPHQWRIOLYHU cancer. Rhenium is also of critical strategic military importance for its use in high performance military rocket and jet engines. Applications - Missile propulsion - Combustion chambers - Liver cancer treatment (OHFWULFDOFRQWDFWPDWHULDO )ODVKODPSVLQSKRWRJUDSK\ - Rocket engine manufacturing - High octane lead free gasoline 7XUELQHEODGHVDQGH[KDXVW nozzles - Stealth aircraft and military jetengines 5KHQLXPLVRQHRIWKHUDUHVWHOHPHQWVIRXQGLQWKHSODQHW·VFUXVWLWUHTXLUHV 120 tons of copper to make one ounce of Rhenium. Current yearly demand is over 65 tons (with 50 tons of new production), and with recycling being XQSURÀWDEOHDQGYHU\GLIÀFXOWVKRUWDJHVDQGSULFHVSLNHVDUHYHU\OLNHO\7KH last spike was 2006-2008, when Rhenium went from $3,000 to $12,000. Because of the low availability of this metal relative to demand, Rhenium is among the most expensive of the Rare Strategic Metals Platinum Platinum was used by pre-Columbian Americans near modern-day Esmeraldas, Ecuador to produce white gold-platinum alloy artifacts. The ÀUVW (XURSHDQ UHIHUHQFH WR 3ODWLQXP DSSHDUV LQ LQ WKH ZULWLQJV RI Italian humanist Julius Caesar Scaliger. ,W·VDQH[WUHPHO\UDUHPHWDOGHQVHPDOOHDEOHGXFWLOHKLJKO\XQUHDFWLYH and precious as a transition metal. The name comes from the Spanish WHUPSODWLQRZKLFKOLWHUDOO\WUDQVODWHVWR´OLWWOHVLOYHUµ 6RXWK $IULFD DFFRXQWV IRU RI ZRUOG SURGXFWLRQ 'XH WR 3ODWLQXP·V VFDUFLW\LQ(DUWK·VFUXVWRQO\DIHZKXQGUHGWRQVDUHSURGXFHGDQQXDOO\ given its important uses, it is highly valuable and is a major Precious Metal commodity. Unique chemical and physical properties make Platinum an excellent raw material, catalyst or ingredient for manufacturing processes The South African Platinum industry has seen a substantial supply decrease related to labor disruptions and safety stoppages. A number of marginal mines have closed, and more closures seem likely.. 6SHFLÀFDWLRQV Atomic mass: 195.084 amu World annual production of approx.: Density: 21.45 g/cm3 Melting point: 1,768° C Atomic radius: 139 pm Boiling point: 3,825° C Color: Metallic Yellow Discovery: 1735 161 t 2IWKHWRQVVROGLQWRQVZHUHXVHGIRUYHKLFOHHPLVVLRQV FRQWURO GHYLFHV SHUFHQW DQG WRQV IRU MHZHOU\ SHUFHQW 7KH remaining 35.5 tons went to other minor uses. The reason why Platinum is the most valuable Precious Metal today is because it is required in so PDQ\ LQGXVWULDO DSSOLFDWLRQV (VWLPDWHV VWDWH RQHÀIWK RI HYHU\WKLQJ ZH use either contains Platinum, or requires Platinum in its manufacture. )URP WR WRWDO VXSSO\ GHFUHDVHG IURP WR WRQV but demand rose from 7,230 to 8,030 tons. Including recycling, the 2013 GHÀFLWZDVWRQV Pt 78 Supply growth for Platinum was marginal over the past several years, and strong demand has been underpinned by growth in ETF buying, Chinese jewelry demand and strong industrial use. The increasing number of personal computers will have a positive effect on Platinum demand in the future. Applications During periods of sustained economic stability and growth, Platinum price tends to be up to twice that of Gold, whereas during periods of economic uncertainty, the price tends to decrease due to reduced industrial demand, and even falling below the price of Gold. - Anticancer drugs (OHFWULFDOFRQWDFWV - Petroleum Industry - Watchmaking & Jewelry - Platinum wire electrodes - Precious metal commodity - Strong permanent magnets - Pharmaceuticals & Implants - Metal-core catalytic converter - Spark plugs and turbine engines - Dentistry & neurosurgical equipment - Coating missile cones, jet engine nozzles +DUGGLVNGULYHFRDWLQJVÀEHU optic cables Gold 6SHFLÀFDWLRQV Atomic mass: 196.9667 amu Density: Atomic radius: 19.30 g/cm3 144 pm Gold was discovered millennia ago. Its name comes from the Anglo-Saxon ZRUG´JROGµWKHRULJLQRIWKHV\PERO$XLVWKH/DWLQZRUG´DXUXPµPHDQLQJ ´JROGµ World annual 2,500 t production of approx.: Melting point: 1,064° C Boiling point: 2,970° C Color: Metallic Yellow ,QWKH0LGGOH(DVW EHIRUH%&( Discovery: Gold is one of the few elements to occur in a natural state. Found in veins and alluvial deposits, about 1,500 tons of Gold is mined each year. About two-thirds come from South Africa, and the rest predominantly from Russia. The world consumption of newly produced Gold is about 50 percent jewelry, SHUFHQWLQYHVWPHQWDQGSHUFHQWLQGXVWULDO Thin Gold wires are used inside computer chips to produce circuits. Gold nanoparticles are increasingly being used as industrial catalysts. Vinyl acetate, used to make PVA (for glue, paint and resin), is made using a Gold catalyst. The main reason for buying physical Gold is not industrial demand. Gold LV QRW DQ LQYHVWPHQW LW LV UHDO PRQH\ *ROG UHÁHFWV JRYHUQPHQW·V RQJRLQJ deceitful action in destroying the value of paper currency. Gold has been money for 5,000 years and maintained its purchasing power throughout history because it cannot be printed. It is a time-tested and proven method for preserving wealth and purchasing power. In 1729, Voltaire famously said: ´3DSHUPRQH\HYHQWXDOO\UHWXUQVWRLWVLQWULQVLFYDOXH²=(52µ Au 79 Applications - Colloidal gold - Jewelry and arts $QWLLQÁDPPDWRULHV - Medallions and coins - Dentistry and medicine (OHFWURQLFZDUIDUHSODQHV - Store as a measure of value 6FLHQWLÀFDQGHOHFWURQLF instruments 5HÁHFWRURIHOHFWURPDJQHWLF radiation 7KHHOHFWURSODWLQJLQGXVWU\DV anelectrolyte - Protective coatings on many DUWLÀFLDOVDWHOOLWHV The debts of governments and banks can never be repaid with normal money. Instead, they will need to create massive additional debt and print money at an accelerated rate. This will most certainly lead to a much higher Gold price. Consequently, past examples have also shown these actions to NLOOZHDNHUÀDWFXUUHQFLHV+LVWRU\LVDOLWHUDOJUDYH\DUGIRUSDSHUQRWHVEXW what remains? Gold. Currently, the paper Gold market is at least 100 times greater than the physical market. Many investors are under the illusion they own gold when all they have is a piece of paper with no physical gold backing. Governments DGGHG PHWULF WRQV WR WKHLU UHVHUYHV LQ WKH VHFRQGELJJHVW increase in 50 years, and 17 percent more than 2013, according to the World Gold Council. The only true safety is owning physical Gold stored in private, offshore vaults. $V HDUO\ DV WKH QDPH ´:HVHPXW´ DOUHDG\ DSSHDUHG LQ *HUPDQ speaking countries. By 1530, Latin-speaking scholars referred to it as ´%LVHPXWXP´ &RQVLGHUHG RQO\ D VXEYDULHW\ RI OHDG WLQRU DQWLPRQ\ QRW until 1830 was Bismuth detected as a unique element by chemists Claude Francois Geoffrey, Johann Heinrich Pott, Carl Wilhelm Scheele, and Torbern Olof Bergman. Bismuth production depends on Lead or Tungsten, from whose ores it is predominantly extracted. Approximately 7,500 tons of Bismuth was produced in 2009, with more than 60 percent coming from China, the FRXQWU\ZLWKWKHODUJHVWUHVHUYHVHVWLPDWHGDWWRQV,W·VLPSRUWDQW WR QRWH WKDW WKH 86 KDOWHG SURGXFWLRQ RI UHÀQHG %LVPXWK DQG WKHUHIRUH totally dependent on imports. Bismuth prices increased approximately SHUFHQWEHWZHHQDQGDQGWKURXJKSULFHVUHPDLQHG VWURQJDVIXQGDPHQWDOGHPDQGDORQJZLWKOLVWLQJRI%LVPXWKRQ&KLQD·V Fanya exchange, continue to support the market. Bismuth 6SHFLÀFDWLRQV Atomic mass: 208.980 amu World annual production of approx.: Density: 9.780 g/cm3 Melting point: 271° C Atomic radius: 143 pm Boiling point: 1,564° C Color: Silvery White Discovery: 1753 7,500 t Current and future applications for Bismuth are clear. The element is used predominantly for alloys in metallurgy and in the pharmaceutical industry, LQFOXGLQJWKHSRSXODUJDVWURLQWHVWLQDOPHGLFLQH´3HSWR%LVPRO´,WDOVRKDV the unusual property of expanding when frozen. ,W LV LQWHUHVWLQJ WR QRWH %LVPXWK·V LPPHGLDWH QHLJKERUV RQ WKH SHULRGLF table of elements are, in one case, highly toxic and, on the side, deadly radioactive. This is one of the great strengths of Bismuth, since it has properties similar to Lead and other heavy metals but is completely nonWR[LF,QIDFWLWLVLQFUHDVLQJO\XVHGDVD/HDGVXEVWLWXWH%LVPXWK·VXWLOLW\ in replacing Lead extends as far as shotgun shot pellets, used primarily in bird hunting. By substituting Bismuth, birds who simply suffer nicks from a pellet will not be poisoned and die. The lead-substitute capacity of Bismuth now accounts for about one third of production. Sustainability of Bismuth supply is now heavily depend on recycling. The ÀUVWIHDVLEOHUHF\FOLQJDUHDLVDOOR\VFRQWDLQLQJ%LVPXWKIROORZHGE\VL]DEOH catalysts. When used in medicines, Bismuth is non-recoverable. A Lead-Bismuth alloy was used in one of the fastest mass-produced submarines of all time, the Soviet Alfa-Class submarine, as a coolant for its onboard nuclear reactor. Bi 83 Applications - Solders - Glazes and paints - Lubricating grease - X-ray contrast medium - Abdominal therapeutics - Plastics and printing ink - Non-toxic substitute for lead - Antiseptic ointments for burns - Shielding for nuclear reactors $3DVVSRUWIRU<RXU)XWXUH5HWLUHPHQW ,QGLYLGXDO 5HWLUHPHQW $FFRXQWV ,5$ DQG N·V are excellent vehicles for individuals looking to preserve their wealth. Since such accounts mature free of taxes, or defer taxes until withdrawal, the IXQGVLQVLGHFDQJURZYLDFRPSRXQGHGSURÀWVDQG interest. Many administrators and custodians of self-direct plans have restrictive product offerings, and may advise interested individuals that they may not own Rare Strategic, Base, and Precious Metals in their retirement accounts. On the contrary, experts with GHFDGHVRIH[SHULHQFHZRUNLQJZLWK,5$·VDQGN·V suggest using a simple, IRS-compliant strategy to own DQGSURÀWIURPWKHVHPHWDOV However, there are other, potentially more devious options available, though they receive less publicity. Due to these factors, Americans often complain their retirement plans are restrictive, rigid, and limiting in what assets account holders may own. Real Asset LLC has joined forces with custodians and industry experts who developed a legal strategy for physical ownership of Rare Strategic, Base, and Precious Metals. These physical assets, held in your IRA, can be kept safely offshore in insured, bank-level secure vaults. <RX ZLOO HQMR\ DOO WKH ZHDOWK SUHVHUYDWLRQ DQG SURÀW potential of Rare Strategic, Base, and Precious Metals, DORQJZLWKWKHFRPSRXQGLQJWD[IUHHRUGHIHUUHGSURÀWV Outside of national debt, the single largest pile of US RI D UHWLUHPHQW SODQ <RX·OO DOVR UHVW HDV\ NQRZLQJ 'ROODUVVLWVLQ$PHULFDQV·UHWLUHPHQWSODQV7KLVÀJXUH FRQÀVFDWLRQ DQG WKHIWV DUH YLUWXDOO\ LPSRVVLEOH DQG HVWLPDWHGDWWULOOLRQDVRIODWHLVFRQFHUQLQJ duty and tax free liquidations are possible thanks to due to uncertainty about future policy decisions, free trade zone laws in Switzerland. status of the dollar, and potential devaluation of cash Owning Rare Strategic, Base, and Precious Metals accounts. Most of these funds are invest in volatile, LQ \RXU ,5$ RU . LV HDV\ WKDQNV WR 5HDO $VVHW underperforming instruments which are, in the end, LLC and trusted industry partners. Our network valued in U.S. Dollars, or are otherwise paper-based. of professionals can have your retirement plan Additional concern revolves around the potential for DPSOLÀHGLQMXVWDIHZZHHNV nationalization of retirement assets, a scenario which appears likely as the U.S. government ponders how to VXSSRUWHQWLWOHPHQWSURJUDPVHQGOHVVPLOLWDU\FRQÁLFWV DQGRWKHUGLVDVWURXVÀVFDOSROLFLHV Real Asset LLC has published a free, informative JXLGH GHWDLOLQJ ZK\ ,5$ DQG N VWUXFWXUHV DUH perhaps the best vehicles available for owning Rare Strategic, Base, and Precious Metals, and outlining 8QYHLOHGGXULQJ2EDPD·V6WDWHRIWKH8QLRQ$GGUHVV a simple 3-step strategy for accomplishing your retirement goals. WKHP\5$SODQPD\EHWKHÀUVWVWHSLQVXFKDGLUHFWLRQ Disclaimer and Risk Notice This document is not a purchase contract. No representation or warranty is made by Real Asset LLC WKH ´&RPSDQ\µ RU DQ\ RI WKHLU UHVSHFWLYH HPSOR\HHV DIÀOLDWHV RU WKHLU UHSUHVHQWDWLYHV DV WR WKH DFFXUDF\ RU completeness of such information, and liability with respect thereto is expressly disclaimed by the company and its representatives. Asset Strategies International, Inc. 1700 Rockville Pike, Suite 400 Rockville, MD 20852-1631 USA US & Canada 800-831-0007 International +1 301-881-8600 E-mail: [email protected] Website: www.AssetStrategies.com If the Company receives adequate interest from recipients of this document, it may, at its discretion, provide a formal purchase contract for the consideration of interested parties. The Company expressly disclaims any responsibility for any loss incurred by any person acting or refraining from acting as a result of the information contained herein. No representations or warranties of any kind are made or intended, and none should be inferred, with respect to any of the projections, tables, statistical data and designs contained herein. Such projections and data were prepared on the basis of certain stated assumptions and are presented solely for illustration. Prospective purchasers are not to construe the contents of this document or any prior or subsequent communications IURPWKH&RPSDQ\RUDQ\RILWVRIÀFHUVHPSOR\HHVDJHQWV or advisors as legal, investment, or tax advice. Each recipient of this document agrees that all the LQIRUPDWLRQ FRQWDLQHG KHUHLQ LV RI D FRQÀGHQWLDO QDWXUH WKDWLWZLOOWUHDWVXFKLQIRUPDWLRQLQDFRQÀGHQWLDOPDQQHU and that it will not, directly or indirectly, disclose any such information without the prior written consent of the Company. This document may not be copied, reproduced or distributed to others at any time without prior written consent of the Company. Recipients will be given the opportunity to meet with management, visit the Company and conduct their own due-diligence investigations, upon which they must rely solely in making any purchase. A Guide to Allocated Prosperity Physical Metal Ownership
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