LONDON--(BUSINESS WIRE)--The global reserves of selenium, based on identified copper resources and average selenium contents, are estimated at 120 thousand tonnes. Coal usually contains between 0.5 and 12 parts per million of selenium, or close to 80-90 times the average for the deposits of porphyry copper. The extraction of selenium from coal fly ash (CFA), seems not to be economically feasible in the years to come.
With respect to the application fields of selenium (Se), metallurgy and glass-making take the lead.
Selenium is primarily a by-product of nickel and copper processing and its supply greatly depends on the output of those metals; the majority of selenium production facilities are located in the areas where copper is manufactured.
Estimated world selenium production is anticipated to reach to 4,100 tonnes in 2015. Germany, Japan, Belgium are the largest manufacturers in the worldwide selenium market. Other key producing countries include Russia, Mexico, Canada, Finland and Poland.
China is the leading consumer, with the better half of the product being used in metallurgy.
The worldwide selenium market is projected to post moderate growth in the glass manufacturing domain; metallurgy and solar cell production growth rates will likely decline.
Comprehensive research publication “Selenium 2016: World Market Review and Forecast” published by Merchant Research & Consulting, Ltd. provides an unrivalled guide to the selenium market by giving detailed market description and figures on key and minor application areas, specifying global resources and giving a brief review of substitutes. Detailed profiles of the major Se manufacturers are presented in the study.
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