In 2030, the price of lanthanum oxide is forecast to be ***** U.S. dollars per metric ton. There are 17 rare earth elements, and although they may be fairly abundant in the Earth's crust, often they occur at sparse intervals are less economically exploitable.
In 2020, the price for scandium oxides was around **** U.S. dollars per kilogram, down from ***** U.S. dollars per kilogram in 2012. Samarium oxide, on the other hand, had a much lower price, at *** U.S. dollars per kilogram as of 2020.
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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Neodymium rose to 692,430.75 CNY/T on August 18, 2025, up 2.18% from the previous day. Over the past month, Neodymium's price has risen 15.89%, and is up 43.06% 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 August of 2025.
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.
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In 2023, overseas purchases of rare earth metals increased by 4,551% to 2.6 tons for the first time since 2020, thus ending a two-year declining trend.
Between 2020 and 2023, 70 percent of rare earth imports into the United States originated from China. Malaysia and Japan accounted for another 13 and 6 percent, respectively during that timeframe. Rare earth industry Rare earths include minerals such as scandium, yttrium, and lanthanides and range in abundance in their presence in the Earth’s crust. The problem is that they are dispersed and often it is difficult to find economically exploitable deposits. Rare earths are commonly used in a variety of industries and are essential in manufacturing cellphones, missile systems, and hybrid car batteries among others. China's rare earths industry China is the world's largest producer of rare earths by a large margin. Accordingly, many countries are dependent on rare earths imports from China to meet their needs, much like the United States. This dependency has caused some market volatility. In 2010, China announced a decrease in their rare earth quota and prices increased dramatically. Prices soared from 13.13 U.S. dollars per kilogram in the first quarter of 2010 to almost 60 U.S. dollars per kilogram at the end of October 2010. In 2015, the quota was abolished. However, during the scare, there was never a shortage and in fact, there is now a surplus of many of the minerals. In 2023, China's rare earths production amounted to a total of some 255,000 metric tons. As of 2023, the country was estimated to have about 44 million metric tons of rare earth oxides (REO) in reserves.
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In 2023, overseas purchases of rare earth metals increased by 12% to 4.7 tons for the first time since 2020, thus ending a two-year declining trend.
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Total-Other-Finance-Cost Time Series for Jl Mag Rare-Earth Co Ltd Class A. JL Mag Rare-Earth Co., Ltd. engages in the research and development, production, and sale of NdFeB permanent magnetic materials in Mainland China and internationally. The company offers NdFeB PMs for use in new energy vehicles and auto parts, energy-saving variable-frequency air-conditioners, wind power generation, 3C, robotics and industrial servo motors, energy-saving elevators, rail transit, and other fields. JL Mag Rare-Earth Co., Ltd. was incorporated in 2008 and is headquartered in Ganzhou, China.
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In 2024, the U.S. rare earth metal market decreased by -13.7% to $1.2B, falling for the fourth consecutive year after five years of growth. Over the period under review, consumption, however, continues to indicate buoyant growth. Rare earth metal consumption peaked at $1.6B in 2020; however, from 2021 to 2024, consumption remained at a lower figure.
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In 2023, overseas shipments of rare earth metals increased by 0% to 16 kg for the first time since 2020, thus ending a two-year declining trend.
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In 2024, the African rare earth metal market increased by 5.8% to $7.3M, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $55M in 2019; however, from 2020 to 2024, consumption stood at a somewhat lower figure.
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In 2024, the Guatemalan rare earth metal market decreased by -40% to $2.3K for the first time since 2020, thus ending a three-year rising trend. Over the period under review, consumption, however, saw a remarkable increase. Over the period under review, the market reached the peak level at $4K in 2016; however, from 2017 to 2024, consumption remained at a lower figure.
It is forecast that the price of ytterbium oxide will amount to 100 renminbi per kilogram in 2030. In 2011 the price of the rare earth oxide ytterbium oxide was *** renminbi per kilogram, but by 2020 the price decreased to *** renminbi per kilogram.
There are ** 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.
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In 2024, the Austrian compounds of rare-earth metals market was finally on the rise to reach $574M for the first time since 2020, thus ending a three-year declining trend. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $668M in 2020; however, from 2021 to 2024, consumption stood at a somewhat lower figure.
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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.
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In 2023, supplies from abroad of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals increased by 49% to 235 kg for the first time since 2020, thus ending a two-year declining trend.
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The GCC compounds of rare-earth metals market amounted to $2.6B in 2024, with an increase of 4.6% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8.6%.
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In 2023, supplies from abroad of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals increased by 108% to 24 tons for the first time since 2020, thus ending a two-year declining trend.
The price of the rare earth oxide holmium oxide decreased considerably between 2011 and 2020, and is forecast to further decrease until 2030. In 2011, the price of holmium oxide was 1,880 renminbi per kilogram, and sank to 402.1 renminbi per kilogram in 2020. By 2030, the price of holmium oxide is forecast to be 250 renminbi per kilogram.
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.
In 2030, the price of lanthanum oxide is forecast to be ***** U.S. dollars per metric ton. There are 17 rare earth elements, and although they may be fairly abundant in the Earth's crust, often they occur at sparse intervals are less economically exploitable.