← Reports/Indium — Structural brief
Sources: U.S. Geological Survey, U.S. Department of the Interior · Updated 2 Sept 2026

How the supply chain for this commodity is shaped: where it is mined, where it is processed, and which step is the bottleneck.

At a glance

Largest producer
China 70%
USGS Mineral Commodity Summaries 2026
Top 3 producers
92%
share of world output
Concentration (HHI)
5,181
highly concentrated
Producing countries
8
1 supply half
Export measures
1
USGS compilation, Jan 2026
US import reliance
100%
net, 2025 (USGS)

Key findings

What the evidence shows

Every figure from a named public source

World production and the largest producer

The USGS puts world production at 1,100 metric tons. China is the largest producer with 70% of the total.

1,100 metric tons
World production
USGS Mineral Commodity Summaries 2026

How concentrated supply is

The Herfindahl-Hirschman index over country shares is 5,181 (highly concentrated). The top three producers hold 92%; 1 country supplies half.

5,181
HHI
USGS Mineral Commodity Summaries 2026; index bands from the US merger guidelines

Export measures in force

1 measure bears on this mineral: China.

1
Measures
USGS compilation of export controls, effective January 2026

United States import reliance

The United States relied on net imports for 100% of its use in 2025; main sources: Republic of Korea, Japan, China, Canada.

100%
Net import reliance
USGS Mineral Commodity Summaries 2026

In this report

The questions it answers

Supply

Who produces it

Share of world mine production · USGS Mineral Commodity Summaries 2026
China69.7%
Republic of Korea16.5%
Japan6%
Canada3.7%
France1.9%
Belgium1.7%
Russia0.5%
Uzbekistan0.1%
Concentration index (HHI): 5,181highly concentrated
01,5002,50010,000

Below 1,500 is read as unconcentrated and above 2,500 as highly concentrated (US merger-review bands, used as a reference point).

Trade

Export measures in force

USGS compilation of export controls, effective January 2026
CountryMeasure
ChinaChina maintains an export licensing requirement for materials and technologies covering Antimony (2024), bismuth (2025), synthesized diamond (2025), gallium (2023), germanium (2023), graphite (2023), indium (2025), magnesium materials (2024), molybdenum (2025), rare earths (2025), silver (2026), tellurium (2025), tungsten (2025), and items related to lithium batteries and artificial graphite anode materials (2025), as compiled by the USGS from official and reported sources effective January 2026.
FULL REPORT

Full analysis and cited sources

543 words · full access

Where indium is produced

China is the largest producer of indium, at 69.7 percent of the published world total in 2025[1]. It is followed by Republic of Korea at 16.5 percent, Japan at 6.0 percent and Canada at 3.7 percent. The USGS puts world production at 1,100 metric tons; the sum of the country figures is 1,091 metric tons, the difference being rounding in the published total.[1]

How concentrated supply is

Measured by the Herfindahl-Hirschman index over production shares, indium supply is highly concentrated, with an index of 5,181. The top three producers hold 92.1 percent of output, and a single producer accounts for more than half of supply. An index below 1,500 is conventionally read as unconcentrated and above 2,500 as highly concentrated; the thresholds are the United States merger-review bands, used here as a published reference point rather than as a judgement about market conduct. The United States was entirely reliant on net imports for indium in 2025, with the principal import sources over 2021–24 being Republic of Korea, Japan, China, Canada.[2] The principal sources of United States imports over 2021–24 were Republic of Korea (25 percent), Japan (22 percent) and China (12 percent)[3].

Trade measures in force

The USGS compilation of export controls effective January 2026 records one measure bearing on indium. China maintains an export licensing requirement for materials and technologies covering Antimony (2024), bismuth (2025), synthesized diamond (2025), gallium (2023), germanium (2023), graphite (2023), indium (2025), magnesium materials (2024), molybdenum (2025), rare earths (2025), silver (2026), tellurium (2025), tungsten (2025), and items related to lithium batteries and artificial graphite anode materials (2025), as compiled by the USGS from official and reported sources effective January 2026.[4] A control listed here removes the tonnage concerned from the international market by law, whatever the production table implies about availability.

Recent United States official notices

Federal Register documents naming indium, most recent first. 2025-11-07: Final 2025 List of Critical Minerals. Critical minerals are essential for national security, economic stability, and supply chain resilience because they underpin key industries, drive technological innovation, and support critical infrastructure vital for a modern American economy. The United States is heavily reliant on imports of certain mineral commodities from foreign sources, some of which are at risk of serious, sustained, and long-term supply chain disruptions.[5]

Processing model

Indium Beneficiation & Cash Flow Simulator

An illustrative model built on typical published cost ranges. Change feed grade and throughput to see how the margin moves.

Open in Workbench →

The model runs in the Workbench: register free to run it 3 times a day.

Contractual Penalty Schedule & Deleterious Limits

Standard commercial deduction guidelines enforced by off-taker smelters and converters for non-compliant impurity concentrations:

Thallium Tl > 10 ppm incurs toxic hazard fee; Tin Sn > 20 ppm disqualifies for ITO display sputtering targets.
Trade Desk Execution

Model Cargo Financing, CIF Arbitrage & Letter of Credit

Test physical maritime shipments, demurrage risk, hedging spreads, and working capital cash turns in the Trade Desk.

Launch in Trade Desk→
Commercial Network

Operating Smelters & Processing Facilities

Facility records and processing directories are manually researched and maintained by MiningBridge analysts.

View all counterparties →
Indium(India)

30-mineral criticality list (2023)

Designated

Executive Briefing & Strategic FAQ

Essential empirical supply-chain and geopolitical questions for market participants and intelligence analysts.

3 Key Q&As
Which countries dominate global mining and refining for Indium?▼

Global Indium production is characterized by high geographical concentration in both raw extraction and chemical processing, as documented in MiningBridge's empirical supply-chain models.

What are the critical supply chain bottlenecks and geopolitical risks for Indium?▼

Key geopolitical and operational risks include export licensing constraints, high chemical conversion barriers, and long lead times for developing non-concentrated commercial refining capacity.

What are the primary commercial uses for Indium, and can it be substituted?▼

Indium is essential across energy transition, advanced electronics, and defense systems. While direct substitutes exist in select low-performance applications, replacing Indium in mission-critical hardware incurs significant metallurgical and cost trade-offs.