Critical Materials and Minor Metals

Argus provides independent pricing and market intelligence across the minor metals sector, supporting customers in markets where transparency is limited, liquidity varies widely, and supply is closely tied to byproduct production from major metals. Many of these materials also fall under the critical raw material frameworks in many countries, increasing sensitivity to policy changes, trade restrictions, and supply chain risk. For decades, Argus has been a trusted resource for companies looking for a reliable data source for pricing of critical materials outside of China.

Our coverage spans key metals including cobalt, tantalum, hafnium, titanium, tungsten, vanadium, molybdenum, gallium, germanium, indium, selenium, tellurium, magnesium, manganese, bismuth, and antimony and more, providing insight into spot price trends, regional dynamics, and technology-driven demand shifts. With a global team of market analysts across major producing and consuming regions, Argus delivers the independent perspective needed to support procurement planning, risk management, and strategic decision making in these opaque and highly politicized markets.

Argus’ critical materials and minor metals coverage is delivered through our global products, including Argus Non-Ferrous Markets, Argus Battery Materials, Argus Tungsten Analytics and Argus Rare Earths Analytics Service, giving customers a comprehensive view across specialty, technology, and critical metals markets.

Manufacturers dependent on engineered materials have additional challenges in determining the impact of critical metals on the cost of alloys they buy. Argus further supports clients with the Argus Alloy Calculator, enabling fast alloy should-cost analysis and synthetic indicative price generation to provide material value in the absence of traditional spot market assessments.