Ruthenium prices hit record high as AI boom squeezes supply

Ruthenium, a minor metal in the platinum-group metals (PGMs), has surged ‌to an all-time high as supply constraints and ‌growing demand linked to artificial intelligence tighten the market, analysts ​and producers said. Used in electronics, semiconductors, and chemical processing, ruthenium is seeing rising demand from AI-driven data storage and cloud computing. * Ruthenium prices were around $1,750 ⁠per ounce on March 13,according to data from LSEG, citing Johnson Matthey's benchmarkprices, up