Material Insights · Understanding the Material World

Bismuth

A dense, low-toxicity metal that replaces lead in plumbing and solders and soothes stomachs, refined overwhelmingly in China.

Tech & minor metals · No. 37

  • EU strategic
  • EU critical 2023
  • US critical 2025
  • India critical 2023
  • HHI 6,764 · highly concentrated
Tech & minor metals · Foundation · Matter

Bismuth soothes stomachs and replaces lead in taps, yet China refines most of it and its price nearly quadrupled in 2025.

Chart: Illustration: Bismuth

Where it comes from

Chart: Map of where it comes from

Bismuth is almost never mined for itself: only two mines have made it their main product, one idle since 1996. It collects in residues from lead, tungsten and zinc smelting.

Three things to know
  1. Since 2014, US 'lead-free' plumbing may contain no more than 0.25% lead, down from 8%, which pushed bismuth into brass fittings.
  2. It melts at a very low temperature and swells as it freezes, ideal for the fusible alloys that set off fire sprinklers.
  3. With companionality near 95%, bismuth supply cannot rise unless the world processes more lead or tungsten.
The journey
  1. 1 Base-metal oreLead, tungsten or zinc ores
  2. 2 SmeltingConcentrate goes to base-metal smelters
  3. 3 ResiduesBismuth gathers in drosses and residues
  4. 4 RefiningPurified to 99.99% metal
  5. 5 End usesMedicines, pigments, lead-free brass and solders
Covered in What makes something a commodityCommoditiesCriticality and geopoliticsCommodities
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