Ruthenium prices hit record high as AI boom squeezes supply

Ruthenium prices hit record high as AI boom squeezes supply

Used in electronics, ‌semiconductors, and ⁠chemical processing, ⁠ruthenium is seeing rising demand from AI-driven data storage and ​cloud computing. Expansion in data centre capacity is lifting hard ​disk drive production, where the metal is used in magnetic layers.

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