Rare earths prices and news
Your guide to market trends, pricing dynamics and the global rare earths supply chain
The supply chain for rare earth materials and permanent magnets is complex, regionally concentrated and marked by a lack of transparent pricing. This can lead to unpredictable costs, budgeting difficulties and supply insecurity. Geopolitical tensions further add to this uncertainty.
Our aim is to provide reliable, objective and timely information to help you navigate this market.
We offer insights into critical decision-making factors such as supply chain dynamics, future pipeline consideration, policy developments and historical price data. Our information is sourced from market reports, industry publications, conferences and feedback from those who buy, sell and trade rare earths.
Stay informed, make confident decisions and navigate the dynamic rare earths market with Fastmarkets.
Buying rare earths?
As a key player in industries as diverse as automotive, industrial machinery, health care, catalysts, consumer goods and electronics, renewable energy, nuclear power, semiconductors, telecommunications and aerospace, you’re well aware of the challenges of sourcing and pricing these vital components. We’re committed to providing news, market intelligence and reliable and transparent pricing information to help you secure your resources confidently and efficiently.
Managing rare earths price and supply risk?
Market complexity, dependence on imports, supply insecurity, difficulty in cost forecasting and budgeting, and political sensitivity — it’s a lot to juggle. That’s why we’re here to offer strategies to navigate these hurdles and mitigate risks, ensuring you’re always one step ahead.
Analyzing the rare earths market?
Your role is crucial in understanding market trends, predicting pricing movements and providing strategic insights. We’re here to support you with up-to-date market analysis, coverage of the latest news and trends moving the market, conferences and access to experts.
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| Which rare earths prices we assess | Why these materials matter |
|---|---|
| Neodymium-praseodymium (NdPr) oxide, 99pc, fob China, MB-NDP-0001 | Light rare earth NdPr oxide (a combination of neodymium and praseodymium oxide) is the main building block (30%) of high-performance sintered NdFeB magnets. Energy-saving high-performance NdFeB magnets are the most efficient way of transforming electrical energy into propulsion in an electric vehicle. In offshore wind turbines, NdFeB magnets remove the requirement for complex gearing systems that are costly to service in remote locations. Demand for NdFeB magnets is growing sharply. and new mining and processing projects are developing around the world. |
| Dysprosium oxide 99.5pc, fob China, MB-DY-0001 | Heavy rare earth dysprosium is added in small amounts to high-performance NdFeB magnets for EV motors* to maintain performance at high temperatures. A large share of global production of heavy rare earth ores is concentrated in Myanmar, a politically unstable jurisdiction, and supply is frequently disrupted. The industry is responding by identifying and developing new supply sources around the world and increasing the processing of monazite minerals. *Heavy rare earths are added to NdFeB magnets to maintain performance and efficiency at higher temperatures in motor applications. Offshore wind applications can use magnets based on light rare earths. |
| Terbium oxide 99.99pc, fob China, MB-TB-0001 | Another heavy rare earth, terbium is added in trace amounts to high-performance NdFeB magnets. |
| Neodymium oxide 99.5pc, cif Rotterdam, MB-ND-0001 | Light rare earth neodymium has growing uses in water treatment and automotive catalysts to reduce emissions from ICE vehicles. It is also one of the most geographically diverse refined rare earth materials. |
| Gadolinium oxide 99.99-99.999pc fob China, MB-GD-0001 | High-purity gadolinium has important applications in aerospace, nuclear power and medical diagnostics. |
| Neodymium-Praseodymium (NdPr) metal (75:25) fob China, MB-NDP-0002 | NdPr metal is the biggest rare earth component in a finished NdFeB magnet. Large rare earth producers no longer fully separate out light rare earth elements neodymium and praseodymium, but instead produce a finished mixed oxide product which is sold and directly converted into NdPr metal, NdFeB alloy and finished magnets. |
| Dysprosium metal min 99% fob China, MB-DY-0002 | The majority of high performance NdFeB magnets use small or trace amounts of heavy rare earth elements dysprosium and terbium to keep them magnetized at high temperatures inside a vehicle motor. |
| Ferro-Dysprosium 80% fob China, MB-DY-0003 | To capture the widest possible range of inputs we are launching a dysprosium metal and alloy price. |
| Terbium metal min 99.9% fob China, MB-TB-0002 | Terbium is often added in smaller amounts than dysprosium but remains an important additive for high-performance magnets. From a pricing perspective it is one of the least transparent and most volatile rare earth products. |
| Praseodymium oxide 99.5% cif Rotterdam, MB-RAE-0008 | Used in pigments in the glass industry, praseodymium oxide, like neodymium oxide, is one of the most geographically diverse refined rare earth products providing valuable insight into the evolution of the supply base. |
Download a copy of our methodology document to learn more about how we assess rare earths prices.
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Our team of rare earths experts and price reporters provide weekly rare earths prices and market analysis.
Caremag’s €216M investment in a French rare earth recycling plant marks a major step toward sustainable resource independence for Europe’s electric vehicle sector.
The US-Ukraine mineral partnership deal has stalled due to security concerns, leaving future negotiations uncertain despite Ukraine’s critical role in global mineral supplies. Meanwhile, President Trump has imposed tariffs on Canada, Mexico, and China and launched a copper import investigation to address national security risks and reduce reliance on foreign resources.
The photovoltaic (PV) solar power industry is continuing to evolve, but demand for gallium as a doping element in silicon-based PV cells is gradually declining, market participants told Fastmarkets early in 2025.
Trade tensions and critical minerals: 2025 outlook on disruptions, supply chain diversification, and local production strategies.
Falling prices have been the dominant theme in the rare earths industry in 2024. A steep slump at the start of the year capped two years of price declines that have slashed profits and upended processing margins. Fastmarkets reached out to market experts to gather insight on the outlook for 2025 and the factors and […]
Indian engineering and procurement firm Trafalgar announced plans to build India’s first rare earth metals, alloy and magnet plant at the Metal Events 20th International Rare Earths Conference in Washington on Tuesday October 15
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