Fastmarkets launches three new CIP global heavy rare earths price assessments

The new prices are:
MB-DY-0005 – Dysprosium oxide 99.5%, cip global, $/kg
MB-DY-0006 – Ferro-Dysprosium 80%, cip global, $/kg
​MB-TB-0004 – Terbium oxide 99.99% cip global, $/kg

Dysprosium and terbium are added in small amounts to neodymium-iron-boron magnets to improve performance at high temperatures. These price assessments will track the developing ex-China rare earths permanent magnet sector and join Fastmarkets’ existing suite of prices covering light and heavy rare earths in Europe and China.

The specifications of the new assessments are as follows:

MB-DY-0005 – Dysprosium oxide 99.5%, cip global, $/kg
Quantity: No minimum tonnage
Incoterm and location: CIP global
Specification: Dysprosium oxide 99.5%, no other elements specified
Unit and currency: USD per kg
Delivery/loading period: release within 30 days
Data collection window: Thursday 3pm to the following Thursday 3pm, London time
Publication frequency: Weekly, Thursdays 4pm London time. Follows non-ferrous metals price reporting holiday schedule

MB-DY-0006 – Ferro-Dysprosium 80%, cip global, $/kg
Quantity: No minimum tonnage
Incoterm and location: CIP global
Specification: Ferro-dysprosium 80% alloy, no other elements specified
Unit and currency: USD per kg
Delivery/loading period: release within 30 days
Data collection window: Thursday 3pm to the following Thursday 3pm, London time
Publication frequency: Weekly, Thursdays 4pm London time. Follows non-ferrous metals price reporting holiday schedule

MB-TB-0004 – Terbium oxide 99.99% cip global, $/kg
Quantity: No minimum tonnage
Incoterm and location: CIP global
Specification: Terbium oxide 99.99%, no other elements specified
Unit and currency: USD per kg
Delivery/loading period: release within 30 days
Data collection window: Thursday 3pm to the following Thursday 3pm, London time
Publication frequency: Weekly, Thursdays 4pm London time. Follows non-ferrous metals price reporting holiday schedule

These prices are part of the Fastmarkets rare earths package.

Fastmarkets’ pricing holiday calendar has been updated to include these prices.

Please send any questions or comments to TEMLondon@fastmarkets.com and pricing@fastmarkets.com. Please add the subject heading “re: rare earths pricing.” Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets methodology page.