No single exchange-settled price exists for hafnium. Trade settles over-the-counter against benchmarks published by independent price-reporting agencies. We do not republish those numbers — consult the publishers directly:
What is hafnium?
Hafnium (Hf, atomic number 72) is a dense silvery-gray transition metal that is closely associated with zirconium-bearing ores and is valued for its strong neutron-absorbing behavior in nuclear technology.
How hafnium is priced
Hafnium has no regulated futures contract. Output is tied to zirconium separation: roughly 1 kg Hf per 50 kg Zr metal.
Fastmarkets publishes a weekly hafnium 99.9% bar assessment. Almost all sales are long-term contracts to nuclear-grade producers (Framatome, ATI, Westinghouse) and superalloy mills.
Where hafnium comes from
USGS MCS 2026 identifies hafnium as a byproduct tied to zirconium mineral processing rather than a stand-alone mined metal, so mine supply is effectively determined by zirconium ore production rather than a dedicated hafnium mining industry. I could not verify a country-by-country hafnium mine-production table from the accessible USGS page text, so I am omitting country shares to avoid unsourced numbers. Full breakdown in the
production and
reserves sections.
Who produces hafnium
Hafnium is not typically produced by a wide stand-alone mining base; it is recovered as part of zirconium/hafnium separation and downstream processing. The user-specified likely industrial names for this chain are Westinghouse and Framatome in nuclear applications, but I was not able to verify hafnium-specific production figures or supplier names from primary sources during this run. Full list of producers
below.
What hafnium is used for
Hafnium is used mainly in nuclear applications because of its neutron absorption, especially for control rods and other reactor components. I was not able to verify a trade-body percentage split for hafnium end uses from accessible primary sources in this run, so I am omitting application shares rather than guessing.
Key facts about hafnium supply
- USGS MCS 2026: hafnium is treated as a zirconium-associated material rather than a stand-alone primary mining commodity, so supply depends on zirconium ore processing.
- USGS MCS 2026: I was unable to verify a public extract with world reserves, mine production, or U.S. net import reliance for hafnium from the accessible page content, so I am not giving numbers without a source.
- World Nuclear Association: the general nuclear-fuel overview page I checked did not contain hafnium-specific text, so I did not rely on it for hafnium facts.
- Framatome: the accessible corporate material confirms nuclear-fuel and reactor-component activity, but I did not find a hafnium-specific production statement suitable for citation in this run.
Sources: USGS Publications Warehouse, World Nuclear Association, Framatome, USGS Mineral Commodity Summaries 2026 hafnium PDF
Per-country production data not published by USGS
USGS Mineral Commodity Summaries 2026 explicitly states: "World primary hafnium production data and quantitative estimates of hafnium reserves were not available." Hafnium is produced almost exclusively as a byproduct of zirconium refining (where Zr is separated from naturally co-occurring Hf to make nuclear-grade zirconium). See the Zirconium page for the parent zircon production data.
Source: USGS MCS 2026
France
Subsidiary → EPA:EDF
Various Chinese zirconium/hafnium processors
China
SZSE:002167
Who are the largest global producers of hafnium?
Among 780+ producers tracked on TSM Hub, the largest disclosed hafnium producers include ATI Inc. (ATI Wah Chang, Albany, Oregon) (USA), Western Zirconium Inc. (subsidiary of Westinghouse Electric Co.), Ogden, Utah (USA), Framatome SAS (Jarrie site, France) (France). Full ranking with primary-source links is available in the
producers section.
What is the primary source for hafnium production and reserves data?
Country-level hafnium production and reserves figures on TSM Hub are sourced directly from the
USGS Mineral Commodity Summaries 2026, the U.S. Geological Survey's authoritative annual reference. Company-level production figures come from each producer's official annual report, production report, or regulated exchange filing.