Iridium Price History

A long-term annual-average price series for iridium is not yet published on Critical Minerals HQ. To preserve our strict no-fabrication rule we show only the live spot price plus the on-file fundamentals below — extended historical data will be added once a verified source is wired in.

Latest tracked price: $7,650 per USD/oz (as of 2026-05-03).

About Iridium

Iridium is one of the densest and most corrosion-resistant elements on Earth. It is extremely rare and is a platinum group metal with a very high melting point. Iridium is crucial for spark plugs, electrodes, and emerging green hydrogen electrolysis technology.

What drives Iridium prices

Iridium is essential for PEM electrolyzers that produce green hydrogen, making it a bottleneck mineral for the hydrogen economy. Demand is driven primarily by Spark plug electrodes, PEM electrolyzer membranes for green hydrogen, Crucibles for crystal growth. Supply is concentrated in South Africa, Russia, Zimbabwe, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Iridium prices.

Top end-uses driving Iridium demand

Top Iridium producers

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Frequently Asked Questions

What is the current iridium price?

The latest tracked iridium price is $7,650 per USD/oz. Live spot prices are shown on the Iridium live-price page.

How has the iridium price changed in the last year?

A long-term annual-average series for iridium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the iridium price changed over the last 5 years?

A long-term annual-average series for iridium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the iridium price changed over the last 10 years?

A long-term annual-average series for iridium is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

What drives iridium prices?

Iridium is essential for PEM electrolyzers that produce green hydrogen, making it a bottleneck mineral for the hydrogen economy. Demand is driven primarily by Spark plug electrodes, PEM electrolyzer membranes for green hydrogen, Crucibles for crystal growth. Supply is concentrated in South Africa, Russia, Zimbabwe, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Iridium prices.