Monday, 16 March, 2026
Ruthenium Prices Hit Record High Driven by Surging AI Data Demand
By Isha
Ruthenium prices have soared to record levels, climbing from $560 to $1,750 per ounce within a year due to supply shortages and skyrocketing demand from the AI sector. The rare metal, essential for hard disk drive production and cloud computing infrastructure, is facing a severe supply deficit as data center expansion outpaces production.
Read full story at Economic Times