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Red Mercury Price – How a Municipal Committee Led by Putin Backed a Plan to Hawk It

Red Mercury Price

A chemical compound called red mercury was once a hot commodity hawked on the black market. It was believed to be a key ingredient in nuclear weapons, or to help produce high-precision bombs, stealth aircraft and self-guided warheads.

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In the 1990s, this so-called “red mercury” began to circulate on black markets around the world, priced at from $100,000 to $300,000 per kilogram. Some reports said it was essential to the guidance systems of precision munitions, while others claimed you couldn’t build a stealth aircraft without it.

Unlike other metals that dilute other elements, mercury has the ability to form amalgams of various elements. This is why it’s sometimes referred to as the “Philosopher’s Stone,” and why, in some traditions, it is still used for ritual purposes.

Red Mercury Price – How a Municipal Committee Led by Putin Backed a Plan to Hawk It

It was also believed that it could ward off witches and jinns, and that it could summon the dead and give power to vampire bats. Some of these tales even go so far as to say that it’s a mysterious substance buried in the mouths of ancient Egyptian mummies.

But despite the hype, it doesn’t actually exist. It was a hoax perpetrated by con artists on the international black market during the collapse of the Soviet Union and subsequently by people in several countries seeking to take advantage of unsuspecting consumers looking for weapons supplies or other smuggled goods.

The idea that red mercury was a secret weapon of the Soviet Union’s military was hatched in the early 1990s, when Vladimir Putin served as president of Russia. It was a scheme that aimed to defraud technologically illiterate regimes or groups attempting to build nuclear weapons by selling them a make-believe substance, a “red mercury” that had supposedly different properties depending on its application.

According to a report in the Russian newspaper Kommersant, the town of Palmer backed the scheme because it was led by Putin’s municipal committee. And the committee made sure that any permits that Alkor needed to export the red mercury would be granted by Putin’s administration.

While a municipal committee isn’t required to issue export permits for dangerous goods like red mercury, it had to make sure the substance would be safe for transport. In addition, it had to certify that Alkor’s research was legitimate and that it didn’t pose any national security risk.

When asked about red mercury’s potential as a weapon, Prasolov argued that the material had no military applications and was “merely a pyroantimonate” — an elemental form of mercury used in a variety of manufacturing processes.

But after the Kremlin’s infamous atomic-bomb test in 1983, many people became convinced that this so-called “red mercury” was real and that it had important military uses. A few skeptics were convinced that the material was an advanced form of plutonium, which can be used to trigger fusion reactions in tritium or deuterium mixtures.

But after Prasolov and his team studied a sample of the substance, they concluded that it was ordinary mercury pyroantimonate — the same stuff used in most modern manufacturing processes. The substance’s alleged explosive properties were, however, unproven, and the material is a red herring that has been circulating for decades.

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