Price Of Californium Per Gram In Naira

Californium is one of the most expensive and rare elements globally, with a price that can reach millions of dollars per gram. This topic explores the cost of californium per gram, particularly in Nigerian Naira (NGN), and delves into the factors contributing to its high value.​

What Is Californium?

Californium (Cf) is a synthetic, radioactive element with the atomic number 98. Discovered in 1950 at the University of California, Berkeley, it does not occur naturally and must be produced in specialized nuclear reactors. The most notable isotope, californium-252 (Cf-252), is renowned for its strong neutron emission, making it valuable in various applications.​

Price of Californium per Gram

The cost of californium-252 is exceptionally high due to its complex production process, limited availability, and specialized applications. As of recent estimates, the price of californium-252 is approximately $27 million per gram. This valuation underscores its status as one of the most expensive substances on Earth.​

Converting the Price to Nigerian Naira

To understand the cost in Nigerian Naira, we need to consider the current exchange rate between the US Dollar (USD) and the Nigerian Naira (NGN). Exchange rates fluctuate regularly, so for this example, let’s assume an exchange rate of 1 USD = 410 NGN. At this rate, 1 gram of californium-252 would cost:​

$27,000,000 times 410 , text{NGN/USD} = 11,070,000,000 , text{NGN}

This means that 1 gram of californium-252 would cost approximately 11.07 billion Naira. It’s important to note that exchange rates vary, so this figure is an approximation based on the assumed rate.​

Factors Influencing the High Cost of Californium

Several factors contribute to the astronomical price of californium:

  1. Complex Production Process: Producing californium-252 involves irradiating curium targets in nuclear reactors over extended periods, followed by intricate chemical separation processes.​

  2. Limited Production Facilities: Only a few facilities worldwide, such as the Oak Ridge National Laboratory in the USA and Russia’s Research Institute of Atomic Reactors, have the capability to produce californium.​

  3. Short Half-Life: Californium-252 has a half-life of approximately 2.6 years, necessitating continuous production to maintain supply.​

  4. Specialized Applications: Its strong neutron emission makes it invaluable in sectors like nuclear reactor startup, medical treatments, oil exploration, and security scanning.​

Californium in Nigeria

There have been claims about the presence of californium in Nigeria, particularly in Borno State. However, these assertions have been debunked, as californium is a synthetic element not found naturally. Reports indicate that such claims are misleading and lack scientific evidence. ​

Californium remains one of the most expensive and rare elements globally, with a price reaching approximately $27 million per gram. When converted, this equates to about 11.07 billion Nigerian Naira per gram, depending on current exchange rates. Its high cost is attributed to its complex production, limited availability, and critical applications across various industries.​