Critical Technology Metal
Indium
The Display Metal
Found in every touchscreen and flat panel display on Earth. Indium tin oxide (ITO) is irreplaceable for transparent conductive coatings in our digital world.
In
Indium • 49
900 tonnes
Annual Production
ITO (90%)
Primary Use
$200-400/kg
Price Range
China (60%)
Top Producer
Critical Applications
LCD/OLED Displays
Indium tin oxide (ITO) is essential for touchscreens and flat panel displays.
Touchscreens
Every smartphone, tablet, and touch device uses ITO coatings.
Solar Panels
CIGS thin film solar cells use indium for high efficiency.
Investment Thesis
Indium is a byproduct of zinc mining, meaning supply cannot easily scale with demand. As the world adds billions more displays, touchscreens, and solar panels, indium demand continues to grow.
Supply Constraints
- No primary indium mines exist, only byproduct production
- China controls 60% of global supply
- Recycling provides only 30% of supply
- Cannot easily substitute ITO in display applications
Demand Drivers
- Global display market growing 6% annually
- EV dashboards use multiple large displays
- Solar capacity additions accelerating
- Smart home devices proliferating
Add Indium to Your Portfolio
Request a quote for physical indium through our partner Earth Rarest. Includes secure storage and insurance.