Osmium is mainly mined as a by-product of platinum, palladium and nickel mining. It is extremely rare – hence there are very few industrial applications for the metal.
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Murnau am Staffelsee, Satigny Osmium is the rarest precious metal in the world – and Ingo Wolf has set out to make it the most valuable precious metal in the world almost single-handedly. For this he founded the “Osmium Institute for the Marketing and Certification of Osmium”.
From a two-storey villa in Murnau am Staffelsee near Munich, he pursues his mission to get a broad mass of people enthusiastic about the greyish metal: “When osmium has gotten into people’s heads,” he enthuses, “and they really know that they are a have unfalsifiable metal that is also running out – what other form of investment should they choose then?”
Wolf buys almost every kilo of osmium he can get his hands on. Through a business partner in Switzerland, he has crystalline osmium produced from it. This is usually sold in the form of so-called discs via intermediaries on a commission basis.
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