Fluorite, also called fluorspar, is the common name of the mineral having chemical composition calcium fluoride (CaF2). It is a mineral with veritable bouquet of brilliant colors from hallmark color purple to blue, green, yellow, colorless, brown, pink, black and reddish orange. The rich purple color is by far the most famous and popular color. It is an important commercial source of fluorine. Fluorite plays a vital role in the manufacture of aluminium, gasoline, insulating foams, refrigerants, steels and uranium fuel.
Fluorite can be divided in to three types according to the CaF2 content: acid grade, metallurgical grade and others. Acid grade fluorite is used in the production of chemical industry, especially the production of hydrofluoric acid. Metallurgical grade fluorite is widely used in metallurgical and building material industry.
In the past few years, fluorite ex-factory price fluctuated from 258 USD/MT in 2013 to 277 USD/MT in 2018. However, the gross margin still maintained at a high level due to low labor cost and abundant raw material resource.