Fastmarkets launched three new rare earth prices on Thursday March 19 to cover the global market outside of China to improve transparency in the rare earths magnet supply chain.

Chinese export controls and reduced supply of heavy rare earth products to Japan have the potential to permanently change the rare earth market. On March 19, Fastmarkets, an industry-leading cross-commodity price reporting agency, will launch three new prices to directly address the needs of this new market dynamic.  These new prices are:  *Dysprosium oxide 99.5%, cip global, $/kg  […]

Fastmarkets invited feedback from the industry on the pricing methodology for its non-ferrous materials and industrial minerals prices, via an open consultation process between January 6 and February 6. This consultation was done as part of our published annual methodology review process.

The US is being very creative not only in providing funding for projects but also in finding sustainable ways to develop a Western supply of rare earths, Aclara Resources chief executive officer Ramón Barúa Costa told Fastmarkets in an interview on Monday February 9.

The United States convened more than 50 countries in Washington this week for a critical minerals summit that delivered a flurry of new initiatives designed to reshape the geopolitics — and pricing mechanics — of minerals essential to semiconductors, electric vehicles and the defense supply chain.

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Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.