Iridium has an anti corrosion properties and it is used in special alloy with Osmium metal and that alloy is used in pen tips and compass bearings.
  
It is also used in insecticides, hair dyes and as an anti-knocking additive for petrol. But all these are banned by the government as Lead metal is known for detrimental to health.
  
Industrial Uses
Automobile Industry, Electrical Industry, Electronic Industry
  
Chemical Industry, Electrical Industry, Electronic Industry