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.
Holmium metal has an ability to absorb neutrons, so this metal is used in nuclear reactors to keep the chain reactions of elements under control.
Alloys of Holmium are used to produce Magnet.
Industrial Uses
Chemical Industry, Electrical Industry, Electronic Industry