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.

Northern America's rare-earth compounds market reached 2.5M tons valued at $31.1B in 2024, with the United States dominating both production and consumption. The market is forecast to grow to 3M tons and $38.4B by 2035, driven by sustained demand despite decelerating growth rates.

Discover the booming rare earth metal market forecast to 2033! This in-depth analysis reveals key trends, drivers, restraints, and regional market shares for neodymium, cerium, dysprosium, and other crucial elements. Explore the competitive landscape and future growth potential. Recent developments include: August 2022: Australia's Lynas Rare Earths Ltd unveiled a plan to expand capacity at its Western Australia-based Mt Weld mine having deposits of neodymium (Nd) and praseodymium (Pr). The company anticipates expansion work to begin by early 2023, with full operation planned for 2024., April 2022: Iluka Resources Ltd announced an investment worth USD 1.2 billion for developing the Eneabba Phase 3 rare earth refinery in Western Australia for the dedicated production of rare Earth oxides. The investment aims to make Iluka a strategic hub for the downstream processing of Australia's rare earth resources.. Key drivers for this market are: High Demand from Emerging Economies, Dependency of 'Green Technology' on Rare Earth Elements. Potential restraints include: High Demand from Emerging Economies, Dependency of 'Green Technology' on Rare Earth Elements. Notable trends are: Increasing Demand for Magnets.

The article discusses the increasing demand for compounds of rare-earth metals, yttrium, and scandium in Australia, leading to an expected upward consumption trend over the next decade. Market performance is projected to decelerate, with a forecasted growth in volume and value terms by 2035.

The global rare earth metal market reduced modestly to $6.9B in 2024, falling by -3% against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2024: its value increased at an average annual rate of +2.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.6% against 2021 indices.

Central Asia, site of the historic Silk Road trade network, has long been a conduit for the movement of people, energy, and mineral resources between Europe and Asia. Once part of the former Soviet Union, this region was and continues to be an important producer of base and precious metals, rare metals (RM), including niobium, tantalum, and beryllium, and a past producer of rare earth elements (REE). The Tien Shan and Pamir Mountains regions, encompassing parts of Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan, are of significant interest for mineral exploration as these regions are thought to host substantial undeveloped and undiscovered resources of REE and RM. Based on this legacy, and as an emerging REE and RM producing region, the Central Asian countries are implementing mining sector reforms to create a more attractive investment environment for domestic and foreign mining interests. During the most recent increase in REE prices, beginning in 2009 and culminating in a dramatic price spike in 2011, much mineral exploration activity for REE was undertaken in Kazakhstan, Kyrgyzstan, and Tajikistan. In order to assess the mineral potential for REE in Central Asia, the U.S. Geological Survey began in 2012 compiling an inventory of REE-RM occurrences in that region. These occurrences range in development status from mineral showings to previously developed deposits. Completed in 2016, the inventory consists of 384 REE-RM occurrences, including 160 in Kazakhstan, 75 in Kyrgyzstan, 60 in Tajikistan, 2 in Turkmenistan, and 87 in Uzbekistan. The inventory dataset includes detailed information on location, mineral deposit type, geology, production, resources, and development status. Four important groups of REE-RM mineral deposit types were recognized: (1) carbonatite and alkaline igneous rock-related deposits; (2) pegmatite and skarn/greisen deposits; (3) weathered-crust deposits, including laterite, derived from weathering of other REE-RM mineral deposits; and (4) sediment-hosted uranium deposits. This inventory is released as a database in two formats, a Microsoft Excel workbook and an ESRI ArcGIS 10.5 point feature class dataset built from the Excel workbook. The Excel workbook also includes data field definitions, explanations of the terminology and abbreviations, and references.

Discover the latest trends in the Middle East rare-earth metals market as demand for compounds of yttrium, scandium, and mixtures of these metals continue to rise. Market performance is anticipated to grow at a CAGR of +2.7% in volume and +2.9% in value from 2024 to 2035, reaching 746K tons and $20.9B respectively by the end of 2035.

As of 2024, China produced more than two thirds of the total global rare earth mine production. In a distant second place was the United States, accounting for a 11.6 percent share of the global rare earths production that year. In terms of rare earths production volume, China's production quota for rare earths amounted to 270,000 metric tons of rare earth oxide equivalent that year.

Analysis of the US rare earth metals market, including consumption, production, import, and export trends from 2024 to 2035, with forecasts for volume and value growth.

In 2024, the Chinese rare earth metal market decreased by -3% to $4.7B, falling for the second year in a row after five years of growth. The market value increased at an average annual rate of +1.9% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $5.2B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

Analysis of China's rare earth metals market, including consumption, production, imports, and exports. Forecasts show a CAGR of +3.9% in volume and +4.5% in value through 2035, with key trade partners like Vietnam and Japan.

Asia's rare-earth compounds market is forecast to reach 9.7M tons and $220.7B by 2035, driven by strong demand. China leads in consumption and production, while Myanmar emerges as a key exporter.

The global dry drum magnetic separator market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $1.2 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This growth is fueled primarily by the expanding mining and mineral processing industries, particularly in the extraction of coal, rare earth minerals, and metallic ores. The rising adoption of efficient and effective waste management practices, including industrial wastewater treatment, further contributes to market expansion. Technological advancements leading to higher separation efficiency and reduced operational costs are also key drivers. The market is segmented by application (coal, rare earth minerals, metallic minerals, industrial wastewater treatment, and others) and type (single, double, and triple plate separators). While the mining sector remains the dominant application, the industrial wastewater treatment segment is showing significant growth potential due to stricter environmental regulations and the increasing focus on sustainable practices. This presents opportunities for manufacturers to develop specialized separators tailored to specific industry requirements. Geographic expansion is also a significant aspect of market growth. While North America and Europe currently hold substantial market shares, Asia-Pacific, particularly China and India, are witnessing rapid expansion due to substantial investments in infrastructure and industrial development. However, challenges remain, including the high initial investment costs associated with these systems and the fluctuating prices of raw materials. Nevertheless, the long-term prospects for the dry drum magnetic separator market remain positive, driven by consistent demand from key industries and continuous technological advancements focused on improving efficiency and minimizing environmental impact. Further research and development in areas such as enhanced magnetic field strength and automation are expected to unlock new growth opportunities.

The MENA market for compounds of rare-earth metals is projected to grow to 746K tons and $20.9B by 2035, driven by strong demand, with Turkey leading in consumption and production.

In 2024, the Italian rare earth metal market was finally on the rise to reach $434K after three years of decline. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $2.9M. From 2016 to 2024, the growth of the market remained at a somewhat lower figure.

Neodymium Magnet Market size was valued at USD 3.09 Billion in 2024 and is projected to reach USD 4.34 Billion by 2031, growing at a CAGR of 4.78% from 2024 to 2031.

Global Neodymium Magnet Market Drivers

Rising Demand in Consumer Electronics: Neodymium magnets, with their superior strength-to-weight ratio, are the preferred choice for various consumer electronics like smartphones, laptops, hard drives, and speakers. This ongoing demand from the consumer electronics industry is a major driver for the Neodymium Magnet Market.

Growth of the Electric Vehicle (EV) Industry: The permanent magnets used in electric vehicle motors are often Neodymium-Iron-Boron (NdFeB) magnets. As the EV industry experiences explosive growth due to environmental concerns and government initiatives, the demand for Neodymium magnets is expected to rise significantly.

Expansion of Wind Energy Applications: Wind turbines utilize Neodymium magnets in their generators to convert wind energy into electricity. The increasing focus on renewable energy sources and the expansion of wind farms worldwide are driving the demand for Neodymium magnets in this sector.

Focus on Miniaturization and Performance: Modern electronic devices prioritize miniaturization while maintaining high performance. Neodymium magnets' compact size and superior strength make them ideal for these applications, contributing to market growth.

Technological Advancements and Efficiency Improvements: Research and development in the field of Neodymium magnets are leading to the creation of even stronger and more efficient magnets with lower production costs. These advancements are making Neodymium magnets a more attractive option for various applications.

Growing Automation and Robotics: The increasing automation of manufacturing processes and the development of robots utilize Neodymium magnets in their motors and actuators. The expansion of automation and robotics is a potential growth driver for the Neodymium Magnet Market.

Medical Equipment Applications: Neodymium magnets are finding use in various medical equipment due to their compact size and strong magnetic fields. Applications include MRI machines, hearing aids, and surgical instruments, creating additional market demand.

Supply Chain Concerns and Geopolitical Tensions: China is a dominant player in the production of rare earth elements, including Neodymium. Geopolitical tensions and concerns about supply chain disruptions can influence market dynamics and potentially drive prices higher.

Focus on Sustainable Practices and Recycling: There's a growing focus on sustainable practices in the Neodymium magnet industry. Recycling existing magnets and exploring alternative rare earth elements are crucial aspects for long-term market stability and environmental responsibility.

Analysis of Asia's rare earth metals market from 2024-2035, covering consumption trends, production, trade dynamics, and country-level insights with forecasts showing 3.4% volume CAGR growth to 270K tons by 2035.

Northern America's rare earth metals market is forecast to grow slowly to 27K tons by 2035, driven by US demand, with significant shifts in trade dynamics and pricing.

In 2001, Australia's economic demonstrated resources (EDR) of bauxite, copper, gold, lead, magnesite, ilmenite, zircon, nickel, phosphate, PGM, tantalum, silver, vanadium and zinc increased, while those of black coal, diamonds, iron ore, lithium, manganese ore and uranium decreased. EDR of brown coal was maintained at levels similar to those reported in 2000. The reductions in EDR were due mainly to ongoing high levels of production; with low commodity prices a subsidiary factor.

EDR of gold, nickel and mineral sands reached record levels. Gold EDR rose by 4% and was over 80% of total demonstrated resources, this increase in resources continuing the established long-term growth trend for gold. In recent years that trend has continued despite falling exploration expenditure reflecting an increasing trend to concentrate exploration efforts in brownfields regions in response to the sustained period of depressed gold price.

Australia, continues to rank as one of the world's leading mineral resource nations. It has the world's largest EDR of lead, mineral sands, nickel, silver, tantalum, uranium and zinc. In addition, its EDR is in the top six worldwide for bauxite, black coal, brown coal, cobalt, copper, gold, iron ore, lithium, manganese ore, rare earth oxides and gem/near gem diamond.

Mineral exploration expenditure rose by 1% to $683.3 million in 2000-01, which was the first increase in annual exploration spending since 1996-97. However spending for calendar year 2001, based on the sum of ABS four-quarter figures, was down by $12 million to $664.4 million.

Production of many mineral commodities again reached record levels in 2000-01, and overall mine production is projected by ABARE to rise in the five years to 2006-07 with the exception of gold which they forecast will fall by 6%. ABARE have projected a very high growth of some 60% for mine production of nickel in this period. Increases are also forecast for mine production of coal (+17%), copper (4%), lead (3%), zinc (12%), bauxite (17%) and iron ore (19%).