Promethium Production Cost Reports
Energy, Metals and Minerals
The report provides a detailed analysis essential for establishing a Promethium manufacturing plant. It encompasses all critical aspects necessary for Promethium production, including the cost of Promethium production, Promethium plant cost, Promethium production costs, and the overall Promethium manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating a Promethium production plant. These encompass manufacturing processes, raw material requirements, utility requirements, infrastructure needs, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, and more.
Promethium is a chemical element with various industrial applications. It is widely used in small atomic batteries that power medical devices, remote sensors, and space probes. Promethium-147 powered micro-batteries are used in implantable pacemakers. It is also utilized in luminous paints and coatings for watch dials, instrument panels, and safety signage. It is often used in tracing and imaging technologies due to its radioactive properties for several medical applications. It also finds its application in scientific research, particularly in studying radiation effects and developing new materials. Additionally, promethium-doped materials are also used to enhance sensitivity in devices used for medical imaging and security applications.
The main factor that drives the market for Promethium is its demand as a rare element used in research, luminous paints, and long-life atomic batteries. Its utilization in creating phosphorescent or glow-in-the-dark paints for watch dials, instrument panels, etc., largely promotes its demand in the materials and chemicals industry. Its usage in atomic batteries for space probes, medical devices, military equipment, and radios further enhances its demand in the aerospace & space exploration, medical, defense, and consumer electronics industries.
Its involvement in certain diagnostic tools for medical imaging also contributes to its demand in the medical industry. Its utilization in scientific research across various fields, such as nuclear science, molecular biology, etc., also boosts its demand in the material science and research & development industries. Promethium is extremely rare and does not occur naturally in stable forms on Earth. The limited and highly specialized sources make its availability one of the most critical factors affecting its procurement.
As a radioactive material, Promethium falls under the range of various regulatory bodies, including The Nuclear Regulatory Commission (NRC) and safety codes that govern its production, handling, transportation, and disposal. Therefore, compliance with international and national nuclear regulatory standards directly impacts costs and industrial Promethium procurement.
Raw Material for Promethium Production
According to the Promethium manufacturing plant project report, the major raw materials for Promethium production include Promethium(III) Fluoride-Lithium Metal.
Manufacturing Process of Promethium
The extensive Promethium production cost report consists of the following industrial manufacturing process:
- Production from Promethium Fluoride Salt: This method of production involves the use of promethium fluoride salt (PmF3) as the starting material to obtain promethium metal as the product. The process begins with the heating of its fluoride salt (promethium(III) fluoride) with lithium metal in a double tantalum crucible. This process occurs in a vacuum, initially at 700-800°C, and then the temperature is raised to 1,100°C to obtain pure promethium metal as the final product.
Promethium (Pm) is a rare, radioactive lanthanide element with atomic number 61. It exists in the form of a solid at room temperature, appearing like silver-white and lustrous. The melting point and the boiling point of the compound are 1042°C and 3000°C, respectively. It has a density of 7.26 g/cm³ at 20°C. The compound has an electron configuration of [Xe] 4f5 6s². It is highly reactive, especially with oxygen. Promethium forms compounds that tend to be pink or red and exhibit luminescence, producing pale blue or green light in the dark. It forms water-soluble salts with acids and reacts with ammonia to produce insoluble Pm(OH)3. Promethium also forms oxides (Pm2O3) and halides (PmF3, PmCl3, PmBr3, PmI3).
Product Details
| Particulars | Details |
|---|---|
| Product Name | Promethium |
| Scope | Manufacturing Process: Process Flow, Material Flow, Material Balance Raw Material and Product Specifications: Raw Material Consumption, Product and Co-product Generation Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Costs, Contingency, Engineering and Consulting Charges, Working Capital Variable Cost: Raw Material, Utilities, Other Variable Costs Fixed Cost: Labor Requirements and Wages, Overhead Expenses, Maintenance Charges, Other Fixed Costs Financing Costs: Interest on Working Capital, Interest on Loans Other Costs: Depreciation Charges, General Sales and Admin Cost |
| Currency | US$ (Data can also be provided in the local currency) |
| Pricing and Purchase Options | Basic: US$ 2499 Premium: US$ 3499 Enterprise: US$ 4799 |
| Customization Scope | The report can be customized as per the requirement of the customer |
| Post-Sale Analysts Report | 10-12 weeks of post-purchase analyst support after report delivery for any queries from the deliverable |
| Delivery Format | PDF and Excel format through email (editable version in PPT/Word format of the report can be also provided on special request) |
How does our Promethium Production Cost Report Provide Exhaustive Data and Extensive Insights?
At Procurement Resource, we not only focus on optimizing the should cost of production for Promethium but also provide our clients with extensive intel and rigorous information on every aspect of the production process. By utilizing a comprehensive cost model, we help you break down expenses related to raw materials, labor, and technology, offering clear pathways to savings. We also assist in evaluating the capital expenditure (CAPEX) and operating expenses (OPEX), which are often measured as cost per unit of production, such as USD/MT, ensuring that your financial planning is aligned with industry benchmarks.
We offer valuable insights on the top technology providers, in-depth supplier database, and best manufacturers, helping you make informed decisions to improve efficiency. Additionally, we design the most feasible layout for your production needs, ensuring the entire process runs smoothly. By minimizing the cash cost of production, we ensure that you stay competitive while securing long-term profitability in the growing Promethium market. Partnering with Procurement Resource guarantees that every aspect of your production is cost-efficient, advanced, and tailored to your specific requirements.
Key Questions Answered in This Report
- What are the key requirements for setting up an Promethium manufacturing plant?
- How is Promethium manufactured?
- What is the process flow involved in producing Promethium?
- What are the raw material requirements and costs for producing Promethium?
- What is the total size of land required for setting up an Promethium manufacturing plant?
- What are the construction requirements for setting up an Promethium manufacturing plant?
- What are the machinery requirements for producing Promethium?
- What are the utility requirements and costs for producing Promethium?
- What are the manpower requirements for producing Promethium?
- What are the average salaries/wages of manpower working in an Promethium manufacturing plant?
- What are the packaging requirements and associated costs for Promethium?
- What are the transportation requirements and associated costs for Promethium?
- What are the capital costs for setting up an Promethium manufacturing plant?
- What are the operating costs for setting up an Promethium manufacturing plant?
- What should be the price of Promethium?
- What will be the income and expenditures for an Promethium manufacturing plant?
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