Japanese dentists are now paying far more for palladium, a rare earth metal that is an essential ingredient for making dental crowns, due to economic sanctions imposed against Russia due to its Ukraine invasion.
Russia accounts for about 40 percent of the global palladium production.
The price of the alloy containing palladium has skyrocketed over fears of supply chain disruptions as a result of the sanctions.
In mid-December, the purchase price of palladium per 30 grams was 77,770 yen ($653), including tax. As of March 9, the price of palladium per 30 grams had surged to 125,400 yen.
According to Toshiaki Tanaka, a director of the prefectural association of doctors and dentists in Kanagawa, the dentists are not being reimbursed for their additional costs under the national medical insurance system.
Dentists prefer an alloy of gold, silver, and palladium in fashioning a dental crown due to the alloy’s strength and durability when patients want treatment covered by national health insurance.
Dental crowns that do not contain palladium are not as strong and tend to discolor over time.
Medical institutions do not get reimbursed in medical fees due to a rise in materials when they give treatment covered by the national health program because the fees are fixed.
The current material fee for the alloy using palladium is 88,530 yen per 30 grams even after the purchase price increased by 30,000 yen.
Tanaka expressed concern that the increased cost may prompt some people to put off going to a dentist, even though they are in desperate need of treatment, and called on the government to take emergency steps to resolve the problem. He suggested that a provision like a government subsidy to rein in gasoline prices be made available for palladium.


Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
Merck Nears Acquisition of Cidara Therapeutics at Significant Premium
Pfizer Boosts Bid for Metsera Amid Intensifying Rivalry with Novo Nordisk in Obesity Drug Market
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains
U.S. Experts to Reassess Newborn Hepatitis B Vaccination Guidelines Amid Growing Debate
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 



