Prices
No single exchange-settled price exists for indium. Trade settles over-the-counter against benchmarks published by independent price-reporting agencies. We do not republish those numbers — consult the publishers directly:
Asian Metal ↗
Daily benchmark quotations for indium from Asian producers (subscription).
Fastmarkets ↗
Industry benchmark prices, market reports, and price discovery for indium.
Shanghai Metals Market ↗
Real-time and historical Chinese spot prices for indium.
USGS Mineral Commodity Summaries 2026 ↗
Annual U.S. Geological Survey reference — production, reserves, prices, and trade statistics for indium.
About Indium
Editorial overviewWhat is indium?
Indium (In, atomic number 49) is a soft, silvery post-transition metal, and in industry it is mainly a byproduct metal recovered from zinc ores and smelter streams. USGS Mineral Commodity Summaries 2026
How indium is priced
Indium has no regulated futures contract. The international benchmark is the 99.99% indium ingot in-warehouse Rotterdam price assessed daily by Fastmarkets; SMM publishes the Chinese 99.995% indium ingot price. Production is by-product of zinc refining.
Where indium comes from
According to USGS Mineral Commodity Summaries 2026, the leading refinery-production countries in 2025e were China at 760 metric tons, the Republic of Korea at 180, Japan at 65, Canada at 40, and France at 21, with the United States at zero refinery production. The same USGS table shows world refinery production at 1,100 metric tons in 2025e and world refinery capacity at 1,700 metric tons. USGS Mineral Commodity Summaries 2026 Full breakdown in the production and reserves sections.
Who produces indium
Major indium-producing and refining companies include Korea Zinc in South Korea, which states it produces critical minerals including indium and is building a U.S. critical minerals smelter, and Indium Corporation in the United States, which refines, smelts, and manufactures indium metal and compounds for global electronics and semiconductor markets. Korea Zinc, Indium Corporation Full list of producers below.
What indium is used for
According to USGS Mineral Commodity Summaries 2026, indium tin oxide (ITO) continued to account for most global indium consumption, especially as conductive coatings in flat-panel displays such as LCDs. USGS also notes other end uses in alloys and solders, compounds, electrical components, semiconductors, and research, while Indium Corporation highlights thermal-interface, thin-film, and semiconductor-packaging uses. USGS Mineral Commodity Summaries 2026, Indium Corporation
Key facts about indium supply
- USGS MCS 2026: U.S. net import reliance for indium was 100% in each year from 2021 through 2025e. USGS Mineral Commodity Summaries 2026
- USGS MCS 2026: world refinery production was 1,100 metric tons in 2025e, while world refinery capacity was 1,700 metric tons. USGS Mineral Commodity Summaries 2026
- USGS MCS 2026: China produced 760 metric tons of indium in 2025e, equal to about 69% of world refinery production of 1,100 metric tons. USGS Mineral Commodity Summaries 2026
- USGS MCS 2026: indium is most commonly recovered from ITO scrap in Japan and the Republic of Korea, but the report says data on the quantity recovered from scrap were not available. USGS Mineral Commodity Summaries 2026
- USGS MCS 2026: the United States did not recover indium from ores in 2025, and domestic consumption was estimated at 220 tons, based on imports. USGS Mineral Commodity Summaries 2026
Sources: USGS Mineral Commodity Summaries 2026 — Indium, Korea Zinc, Indium Corporation
Mine Production by Country
Source: USGS MCS 2026| Country | 2024 | 2025e |
|---|---|---|
| United States | — | — |
| Belgium | 19 | 19 |
| Canada | 40 | 40 |
| China | 760 | 760 |
| France | 21 | 21 |
| Japan | 65 | 65 |
| Korea, Republic of | 180 | 180 |
| Russia | 5 | 5 |
| Uzbekistan | 1 | 1 |
| World total (rounded) | 1,090 | 1,100 |
Unit: metric tons. "e" = estimated, "W" = withheld, "NA" = not available. Source: USGS Mineral Commodity Summaries 2026
Major Producers (9)
Various Chinese smelters (aggregate — China)
China
Latest News
All metals news →No recent news for this metal. Visit the Hub news section for all metals news.
Frequently Asked Questions
Auto-generated from primary-source dataWhich countries produce the most indium?
The largest indium producing countries are China (760 metric tons), Korea, Republic of (180 metric tons), Japan (65 metric tons). Source: USGS Mineral Commodity Summaries 2026.
Who are the largest global producers of indium?
Among 780+ producers tracked on TSM Hub, the largest disclosed indium producers include Korea Zinc Co., Ltd. (South Korea), Various Chinese smelters (aggregate — China) (China), JX Advanced Metals Corporation (formerly JX Nippon Mining & Metals) (Japan). Full ranking with primary-source links is available in the producers section.
What is the primary source for indium production and reserves data?
Country-level indium 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.