Fastmarkets launches heavy rare earth price in Europe to track fractured market

Learn more about Fastmarkets' new gadolinium oxide price

Market uncertainty has risen sharply following the introduction of Chinese export controls on products made from seven heavy rare earth elements, including gadolinium, on April 4. Fastmarkets has launched a new high-purity gadolinium oxide price in Europe – gadolinium oxide 99.99%- 99.999%, ex-warehouse Rotterdam, $/kg – to provide much needed transparency to a supply chain that serves consumers across sectors ranging from aerospace and energy to health care.

Additionally, the new European price will complement our existing high-purity gadolinium price MB-GD-0001 gadolinium oxide 99.99%- 99.999%, fob China, $/kg.

“Alternative rare earth prices are key to ensuring that a more robust and reliable supply chain for these elements becomes a reality,” Aclara Resources CEO Ramon Barua said in response to today’s announcement.  

“We are pleased to continue to expand our rare earth price suite and provide support to evolving supply chains at a time of unparalleled uncertainty. We will continue to explore opportunities to develop prices to meet the changing needs of the market.” said strategic markets editor technology metals, Caroline Messecar

Gadolinium plays an essential role across different sectors. In the health care industry it is used as a contrast agent in MRI (magnetic resonance imaging) to provide sharper and more detailed images. In the energy sector, gadolinium is used as a thermal barrier coating in gas turbines because of its high temperature and corrosion resistance. Gadolinium also has neutron absorbing properties and is used in radiation shielding and control rods in nuclear power plants.  

The aerospace sector uses gadolinium to improve the performance and durability of turbine blades and other engine components. 

Learn more about Fastmarkets’ suite of rare earth pricing services.

What to read next
Shin-Etsu Chemical, one of Japan’s largest manufacturers of rare earth magnets, plans to build a new domestic rare earths refinery in Fukui, Japan, as first reported by Nikkei Asia.
Rare earths and uranium producer Energy Fuels has announced an agreement to acquire German rare earths magnet maker Vacuumschmelze (VAC) in a deal worth approximately $1.9 billion, the company announced on Tuesday June 23.
Over the past five years, lithium has rapidly emerged as a major global commodity, driven by demand from electric vehicles, energy storage and the wider energy transition. Demand is expected to grow by more than 200% over the next decade, yet the market infrastructure needed to support pricing, liquidity and risk management has not kept pace.   Lithium markets remain less mature than other major commodities, with limited electronic and transparent infrastructure for price discovery and trade initiation. As participation grows across the value chain, the […]
Naturally produced graphite offers a cheaper and more supply-chain stable alternative for battery manufacturers and consumers, Jon Jacobs, chief commercial officer of US-based mineral resources developer Westwater Resources, told Fastmarkets in an exclusive interview on Thursday June 4, as concerns over Chinese dominance in the market forced buyers to look elsewhere.
The West entered the rare earths race late as countries in general were slow to act and now China is far ahead, Mineração Taboca executive manager Ronaldo Lasmar said in an interview with Fastmarkets.
London, June 9, 2026 - Fastmarkets, a leading cross-commodity price reporting agency (PRA), today announced the launch of two new daily CBAM price assessments. These are designed to address one of the biggest challenges facing companies exposed to the EU’s Carbon Border Adjustment Mechanism (CBAM): the lack of real-time visibility into carbon costs at the point of trade.