Indium Industry Annual Report 2025

Contents

1 Definition, Type, Distribution, Application 3
1.1 Definition 3
1.2 Type 3
1.3 Distribution 3
1.4 Application 3
2 Economy and Policy 3
2.1 China tightens export controls of critical materials 3
2.2 China to impose additional 34% tariff on all US imports 4
2.3 China to impose additional 34% tariff on all US imports 4
2.4 China raises tariffs on US imports from 34% to 84% 4
2.5 China raises tariffs on imported US products to 125% 4
2.6 China and U.Asian Metal Copyright8 China adjusts tariffs on US imports 5 2.Asian Metal CopyrightS. reach deal to scale back tariffs 4
2.7 China strengthens control over export of strategic minerals 4
2.8 China adjusts tariffs on US imports 5
2.9 China Customs updates procedures for dual-use export control reviews 5
2.10 China steps up crackdown on strategic mineral smuggling 5
2.11 China issues two-year plan to stabilize growth in nonferrous industry 5
2.12 Guangxi boosts nonferrous and critical metals industry 5
2.13 China to extend suspension of 24% tariff on U.Asian Metal Copyright8 China adjusts tariffs on US imports 5 2.Asian Metal CopyrightS. goods 5
2.14 China makes major breakthroughs in rare and dispersed metals development 6
2.15 Guangxi unveils strategic five-year plan to boost mineral exploration 6
3 Market Movements 6
3.1 Domestic Market 6
3.1.Asian Metal Copyright1 Nonfemet Shaoguan Smelter commissions two new projects 10 4.Asian Metal Copyright1 Indium ingot 99.995%min EXW 100% down 6
3.2 Export Market 7
3.2.Asian Metal Copyright995%min EXW 100% down price trend from 2025-01-01 to 2025-12-31 RMBkg 6 Graph 4 Indium ingot 99.Asian Metal Copyright1 Indium ingot 99.995%min FOB China 7
3.3 International Market 8
3.3.Asian Metal Copyright2 Type 3 1.Asian Metal Copyright1 Indium ingot 99.995%min in Warehouse Rotterdam 8
3.3.Asian Metal Copyright11 China issues two-year plan to stabilize growth in nonferrous industry 5 2.Asian Metal Copyright1 Indium ingot 99.995%min delivered America 9
4 Company News 10
4.1 Nonfemet Shaoguan Smelter commissions two new projects 10
4.2 NFC Zinc begins trial production at leaching residue treatment project 10
4.3 Yuntong Zinc smelter relocation project fully operational 10
4.4 Huaxi Nonferrous reports H1 production rises for tin, zinc, and antimony 10
4.5 CHINALCO plans joint venture for rare metals 10
4.6 Jianshui inks deal for recycled copper, high-purity indium projects 10
5 Producers Statistics 11
5.1 AM Stats: China's indium ingot producers' total number statistics up by 4.34% YoY in late 2025 11
5.2 AM Stats: Chinese indium ingot producers' annual production capacity up by 10.86% YOY in late Dec 2025 11
5.3 AM Stats: Chinese indium ingot producers' operating rate down by 10.30% YOY in 2025 12
5.4 AM Stats: China's indium ingot output down by 0.18% YOY in 2025 12
5.5 AM Stats: Chinese indium ingot producers' monthly average stocks up by 0.23% YOY in 2025 13
6 Customs Statistics 13
6.1 Chinese indium ingot export volume down by 62.22% YoY in 2025 13
7 Supply and Demand Outlook 14
7.1 Supply Outlook 14
7.2 Demand Outlook 14

Graph

Graph 1 The ranking and proportion of indium resources reserves in China's provinces in 2024 3
Graph 2 Distribution of main application industry of indium in 2024 3
Graph 3 Indium ingot 99.995%min EXW 100% down price trend from 2025-01-01 to 2025-12-31 (RMB/kg) 6
Graph 4 Indium ingot 99.995%min EXW 100% down price trend from 2025-01-01 to 2025-03-31 (RMB/kg) 6
Graph 5 Indium ingot 99.995%min EXW 100% down price trend from 2025-04-01 to 2025-06-30 (RMB/kg) 6
Graph 6 Indium ingot 99.995%min EXW 100% down price trend from 2025-07-01 to 2025-09-30 (RMB/kg) 6
Graph 7 Indium ingot 99.995%min EXW 100% down price trend from 2025-10-01 to 2025-12-31 (RMB/kg) 7
Graph 8 Indium ingot 99.995%min FOB China price trend from 2025-01-01 to 2025-12-31 (USD/kg) 7
Graph 9 Indium ingot 99.995%min FOB China price trend from 2025-01-01 to 2025-03-31 (USD/kg) 7
Graph 10 Indium ingot 99.995%min FOB China price trend from 2025-04-01 to 2025-06-30 (USD/kg) 7
Graph 11 Indium ingot 99.995%min FOB China price trend from 2025-07-01 to 2025-09-30 (USD/kg) 7
Graph 12 Indium ingot 99.995%min FOB China price trend from 2025-10-01 to 2025-12-31 (USD/kg) 8
Graph 13 European indium ingot 99.995%min price trend from 2025-01-01 to 2025-12-31 (USD/kg) 8
Graph 14 European indium ingot 99.995%min price trend from 2025-01-01 to 2025-03-31 (USD/kg) 8
Graph 15 European indium ingot 99.995%min price trend from 2025-04-01 to 2025-06-30 (USD/kg) 8
Graph 16 European indium ingot 99.995%min price trend from 2025-07-01 to 2025-09-30 (USD/kg) 8
Graph 17 European indium ingot 99.995%min price trend from 2025-10-01 to 2025-12-31 (USD/kg) 9
Graph 18 American indium ingot 99.995%min price trend from 2025-01-01 to 2025-12-31 (USD/kg) 9
Graph 19 American indium ingot 99.995%min price trend from 2025-01-01 to 2025-03-31 (USD/kg) 9
Graph 20 American indium ingot 99.995%min price trend from 2025-04-01 to 2025-06-30 (USD/kg) 9
Graph 21 American indium ingot 99.995%min price trend from 2025-07-01 to 2025-09-30 (USD/kg) 9
Graph 22 American indium ingot 99.995%min price trend from 2025-10-01 to 2025-12-31 (USD/kg) 10
Graph 23 Chinese indium ingot producers' annual production capacity from 2024-01 to 2025-12 (ton) 11
Graph 24 Chinese indium ingot producers' annual production capacity by province from 2024-01 to 2025-12 (ton) 12
Graph 25 Chinese indium ingot producers' operating rate from 2024-01 to 2025-12 (%) 12
Graph 26 Chinese indium ingot producers' operating rate from 2024-01 to 2025-12 (%) 12
Graph 27 Chinese indium ingot producers' monthly output from 2024-01 to 2025-12 (ton) 12
Graph 28 Chinese indium ingot producers' monthly output from 2024-01 to 2025-12 (ton) 13
Graph 29 Chinese indium ingot producers' monthly stocks from 2024-01 to 2025-12 (ton) 13
Graph 30 Chinese indium ingot producers' monthly stocks from 2024-01 to 2025-12 (ton) 13
Graph 31 Chinese indium ingot export volume from 2024-01 to 2025-12 (kg) 14
Graph 32 Chinese indium ingot export volume by countries and regions from 2024-01 to 2025-12 (kg) 14

Table

Table 1 Indium Product Classification from Level 1 to Level 4 in 2023 3
Table 2 The ranking and proportion of indium resources reserves in China's provinces in 2024 (ton) 3
Table 3 Distribution of main application industry of indium 3
Table 4 China's indium ingot producers' total number statistics by month from 2024-01 to 2025-12 (pcs) 11
Table 5 Chinese indium ingot producers' statistics from 2024 to 2025 11
Table 6 China's indium ingot producers' total number statistics by province by month from 2024-01 to 2025-12 (pcs) 11
Table 7 Chinese indium ingot producers' statistics by province from 2024 to 2025 11
Table 8 Chinese indium ingot producers' annual production capacity from 2024 to 2025 (ton) 12
Table 9 Chinese indium ingot producers' annual production capacity by province from 2024 to 2025 (ton) 12
Table 10 Chinese indium ingot producers' operating rate from 2024 to 2025 12
Table 11 Chinese indium ingot producers' average operating rate from 2024 to 2025 12
Table 12 Chinese indium ingot producers' output from 2024 to 2025 (ton) 13
Table 13 Chinese indium ingot producers' monthly output from 2024 to 2025 (ton) 13
Table 14 Chinese indium ingot producers' monthly average stocks from 2024 to 2025 (ton) 13
Table 15 Chinese indium ingot producers' monthly average stocks from 2024 to 2025 (ton) 13
Table 16 Chinese indium ingot export volume from 2024-01 to 2025-12 (kg) 14
Table 17 Chinese indium ingot export volume by countries and regions from 2024-01 to 2025-12 (kg) 14
.Asian Metal Copyright2 China to impose additional 34% tariff on all US imports 4 2Asian Metal Copyright