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Caesium price12/1/2023 ![]() Other significant end uses are in biomedical, chemical, and electronic applications.Ĭesium is used as an atomic resonance frequency standard in atomic clocks, playing a vital role in global positioning satellite, Internet, and cell phone transmissions and aircraft guidance systems. Cesium formate possesses anti-oxidant and water-structuring properties that protect drilling polymers from thermal degradation and has the required density needed to maintain well control. The principal end use of cesium is in formate brines, a high-density, low-viscosity fluid used for high-pressure/high-temperature (HPHT) oil and gas drilling and exploration. Canada is the leading producer and supplier of pollucite concentrate, which is imported for processing by one company in the United States. Pollucite occurs in zoned pegmatites worldwide, associated with lepidolite, petalite, and spodumene the largest deposit is at Bernic Lake in Canada. It is found in pegmatite ores in the mineral pollucite.ĭomestic Production and Use: Pollucite, the principal ore mineral of cesium, is not mined in the United States however, occurrences of cesium-bearing pollucite in pegmatites have been discovered in Maine and were mined in the past. Caesium is extremely pyrophoric, and the most electropositive of all the stable elements. Caesium is used in the oil industry as a drilling fluid, and it is also used in atomic clocks. The others are mercury, francium, gallium, rubidium, and bromine. Investing in Cesium - How to Invest in Cesium | Element Investing Investing in CesiumĬesium, or caesium, is an alkali metal and one of the five metals that are liquid near room temperature.
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