Neodymium rose to 742,500 CNY/T on December 1, 2025, up 5.32% from the previous day. Over the past month, Neodymium's price has risen 9.19%, and is up 43.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Neodymium Rare Earth - values, historical data, forecasts and news - updated on December of 2025.

As of the end of 2024, the estimated average price for terbium oxide at a minimum purity of 99.99 percent stood at *** U.S. dollars per kilogram. This figure represents a steep decrease compared to the price in previous years.

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Rare Earth Metals Market Size 2025-2029

The rare earth metals market size is forecast to increase by USD 3.78 billion at a CAGR of 9.1% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand for electronic appliances and personal equipment, driven by global consumer trends and technological advancements. This demand is further fueled by the expansion of production capacities and the emergence of alternative suppliers, which are aiming to reduce dependence on traditional sources. However, market growth is not without challenges. Demand-supply imbalances persist due to the complex and often unpredictable nature of rare earth metal mining and production. Moreover, the rise of substitutes, such as recycling and the development of new technologies, is posing a threat to market players. Companies seeking to capitalize on market opportunities must stay abreast of these trends and navigate challenges effectively by investing in research and development, exploring alternative supply chains, and collaborating with industry partners to ensure a stable and sustainable supply of rare earth metals.

What will be the Size of the Rare Earth Metals Market during the forecast period?

Request Free SampleRare earth metals, a group of 17 elements on the periodic table, play a crucial role in various industries, particularly in consumer equipment, catalyst systems, and green technology. These metals are essential for catalyst systems in industrial processes and are key components in magnets used in applications such as permanent magnets in gadolinium magnets and neodymium magnets. The demand for rare earth metals is driven by their use in electric vehicles, electronic appliances, and battery production. The supply chain for these metals is complex, with a significant portion extracted from concentrated deposits. However, resource scarcity and the environmental impact of metal extraction have led to increased focus on recycling efforts. Industrial uses of rare earth metals extend beyond magnets, with applications in battery production, wind turbines, and various other industries. The market dynamics for rare earth metals are influenced by production capacities, demand for specific metals, and the challenges of extracting them from the earth's crust. Catalyst systems, magnet applications, and green technology are just a few areas where rare earth metals contribute significantly. As the world transitions to more sustainable energy sources and electric vehicles become more prevalent, the demand for these metals is expected to grow.

How is this Rare Earth Metals Industry segmented?

The rare earth metals industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationPermanent magnetsMetal alloysCatalystsPolishing powderOthersTypeLight rare earth elementsHeavy rare earth elementsOthersProductCeriumDysprosiumErbiumOthersGeographyAPACChinaIndiaJapanSouth KoreaVietnamNorth AmericaUSCanadaEuropeGermanyUKMiddle East and AfricaSouth America

By Application Insights

The permanent magnets segment is estimated to witness significant growth during the forecast period.Rare earth metals, primarily including neodymium, pradymium, dysprosium, gadolinium, terbium, and samarium, are essential components for producing rare earth magnets. These magnets are integral to various high-tech technologies, such as military equipment, consumer electronics, automotive industries, and renewable energy solutions like wind turbines. Neodymium oxide, a rare earth oxide, is a significant component of Neodymium-iron-boron (NdFeB) magnets, which are widely used in applications ranging from audio and video components to automobiles and electric vehicles. China, as a leading consumer and supplier, dominates the market for NdFeB magnets and exports a substantial amount of these magnets. The environmental impacts of rare earth mining, including water contamination and habitat destruction, as well as air contamination, have raised concerns regarding the sustainability of this industry. However, the increasing demand for clean energy and renewable energy sources, such as LED lamps and wind turbines, necessitates the continued production and capacity expansion. Geopolitical factors and the concentration of rare earth deposits in specific regions contribute to supply chain complexities. Furthermore, rare earth magnets play a crucial role in catalyst systems, glass & ceramics, and various other industries. The evolving market dynamics and trends necessitate a comprehensive of the market and its implications on various industries.

Get a glance at the market report of share of various segments Request Free Sample

The Permanent magnets segment was valued at USD 1.36 billion in 2019 and showed a gradual inc

Graph and download economic data for Import Price Index (Harmonized System): Inorganic Chemicals; Organic or Inorganic Compounds of Precious Metals, of Rare-Earth Metals, of Radioactive Elements or of Isotopes (IP28) from Dec 2024 to Aug 2025 about inorganic, chemicals, harmonized, imports, price index, indexes, price, and USA.

The price of the rare earth oxide neodymium oxide was 49,763 U.S. dollars per metric ton in 2020. By 2030, the price of neodymium oxide is expected to increase to 45,500 U.S. dollars per metric ton.

Explore the dynamic praseodymium price chart driven by global demand and supply, technological advancements, and geopolitical factors. Understand the volatility in rare earth elements pricing and its impact on advanced technologies like electric vehicles, wind turbines, and magnets.

United States - Export Price Index (Harmonized System): Inorganic Chemicals; Organic or Inorganic Compounds of Precious Metals, of Rare-Earth Metals, of Radioactive Elements or of Isotopes was 104.90000 Index 2000=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Export Price Index (Harmonized System): Inorganic Chemicals; Organic or Inorganic Compounds of Precious Metals, of Rare-Earth Metals, of Radioactive Elements or of Isotopes reached a record high of 210.30000 in October of 2008 and a record low of 80.90000 in March of 1994. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Export Price Index (Harmonized System): Inorganic Chemicals; Organic or Inorganic Compounds of Precious Metals, of Rare-Earth Metals, of Radioactive Elements or of Isotopes - last updated from the United States Federal Reserve on November of 2025.

Index Time Series for VanEck Rare Earth and Strategic Metals UCITS ETF A USD Acc. The frequency of the observation is daily. Moving average series are also typically included. NA

During the last quarter of 2024, the erbium prices in China reached 38940 USD/MT in December. As per the erbium price chart, rare earth elements were less in demand than anticipated, especially in the electronics industry. Besides this, erbium availability was disrupted by supply chain modifications and logistical issues, such as port congestion and trade disruptions.

Explore IMARC’s newly published report, titled “Erbium ​Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of erbium pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

United States - Import Price Index (Harmonized System): Inorganic Chemicals; Organic or Inorganic Compounds of Precious Metals, of Rare-Earth Metals, of Radioactive Elements or of Isotopes was 85.70000 Index 2000=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Import Price Index (Harmonized System): Inorganic Chemicals; Organic or Inorganic Compounds of Precious Metals, of Rare-Earth Metals, of Radioactive Elements or of Isotopes reached a record high of 557.40000 in June of 2022 and a record low of 83.70000 in February of 1994. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (Harmonized System): Inorganic Chemicals; Organic or Inorganic Compounds of Precious Metals, of Rare-Earth Metals, of Radioactive Elements or of Isotopes - last updated from the United States Federal Reserve on November of 2025.

It is forecast that the price of the rare earth oxide (REO) gadolinium will be 187,500 Renminbi per metric ton in 2030. Prices of the REO have been fairly volatile during the 2010s, with the 2011 price of nearly 390,000 Renminbi per metric ton decreasing to less than 70,000 Renminbi per metric ton in 2016. However, prices seem to have stabilized since then, with a gradually increasing trajectory forecast for 2021 through 2030.

There are 17 rare earth elements and although they are fairly abundant in the Earth's crust, often they occur at sparse intervals are are less economically exploitable.

Stock Price Time Series for Rising Nonferrous Metals Share Co Ltd. Rising Nonferrous Metals Share Co.,Ltd. engages in the mining, smelting separation, deep processing, and trading of rare earth and non-ferrous metals in China. Its products include rare earth concentrates, minerals, mixed rare earths, rare earth oxides, and rare earth permanent magnet materials, as well as tungsten and other products. Rising Nonferrous Metals Share Co.,Ltd. was founded in 1993 and is based in Guangzhou, China.

China Northern Rare Earth stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Rhodium rose to 8,050 USD/t oz. on December 2, 2025, up 0.94% from the previous day. Over the past month, Rhodium's price has fallen 1.23%, but it is still 75.96% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on December of 2025.

Stock Price Time Series for Summit Minerals Ltd. Summit Minerals Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of battery and critical mineral projects in Brazil, Canada, and Australia. The company explores for niobium, tantalum, rare earth elements, uranium, and lithium pegmatite deposits. Its flagship projects are the Equador Niobium Project and the Juazerinho Niobium Project, located in the Borborema Pegmatitic Province of northeastern Brazil. Summit Minerals Limited was incorporated in 2021 and is based in Peppermint Grove, Australia.

Exports of Rare Earths in China increased to 81839.04 USD Thousand in February from 46731.81 USD Thousand in December of 2023. This dataset includes a chart with historical data for China Exports of Rare Earths.

Cost-of-Goods-Sold-Including-Depreciation-and-Amortization Time Series for Energy Fuels Inc. Energy Fuels Inc., together with its subsidiaries, engages in the exploration, recovery, recycling, exploration, operation, development, permitting, evaluation, and sale of uranium mineral properties in the United States. It produces and sells vanadium pentoxide, rare earth elements, carbonate, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite. The company was formerly known as Volcanic Metals Exploration Inc. and changed its name to Energy Fuels Inc. in May 2006. Energy Fuels Inc. was incorporated in 1987 and is headquartered in Lakewood, Colorado.

Rhodium is a precious metal that removes pollutants from vehicle exhaust fumes. In February 2020, the price of rhodium was 11,665 U.S. dollars per troy ounce. By May 2020, the price decreased to below 8,000 U.S. dollars per ounce. In April 2021, the price rose to a new high of 28,775 U.S dollars, before decreasing throughout 2022 and early 2023. By December 2024, the average price significantly decreased, reaching around 4,575 U.S. dollars per troy ounce. In comparison, the price for an ounce of rhodium was approximately 5,905 U.S. dollars in August 2022. The rarest metal: Rhodium Rhodium is a rare and precious metal that belongs to the platinum group metals (PGMs), along with platinum, palladium, osmium, iridium, and ruthenium. Due to its scarcity, it is one of the most valuable metals in the world, often exceeding the price of gold. Rhodium is extensively used in the automotive industry to manufacture catalytic converters that reduce harmful emissions. Over the last few years, even with a steady supply, Rhodium demand has risen significantly, exceeding supply due to stricter emission regulations and advancements in the automobile industry. The significance of PGMs in South Africa South Africa is rich in various natural resources, such as metals and minerals. For example, almost all of the total global reserves of PGMs are in South Africa. In 2023, PGMs generated the highest revenue share in the South African mining sector compared to other commodities, amounting to 370 billion rands.