Launch of five new rare earth prices

The new prices are:
• MB-NDP-0002 Neodymium-Praseodymium metal (Nd 75% Pr 25%), fob China, $ per kg
• MB-DY-0002 Dysprosium metal min 99%, fob China, $ per kg
• MB-DY-0003 Ferro-Dysprosium 80%, fob China, $ per kg
• MB-TB-0002 Terbium metal min 99.9%, fob China, $ per kg
• MB-RAE-0008 Praseodymium oxide 99.5%, cif Rotterdam, $ per kg.

This followed the launch of five rare earth oxide prices in China and Europe on November 2, 2023.

The specifications for the new prices are:

MB-NDP-0002 Neodymium-Praseodymium metal (Nd 75% Pr 25%), fob China, $ per kg
Quality: Neodymium-Praseodymium metal (Nd 75% Pr 25%), no other elements specified
Quantity: No minimum tonnage
Location: fob China
Timing: Prompt, 30 days
Unit: USD per kg
Publication: Weekly, Thursdays 4pm London time.

MB-DY-0002 Dysprosium metal min 99%, fob China, $ per kg
Quality: Dysprosium metal min 99%, no other elements specified
Quantity: No minimum tonnage
Location: fob China
Timing: Prompt, 30 days
Unit: USD per kg
Publication: Weekly, Thursdays 4pm London time.

MB-DY-0003 Ferro-Dysprosium 80%, fob China, $ per kg
Quality: Ferro-Dysprosium 80% alloy, no other elements specified
Quantity: No minimum tonnage
Location: fob China
Timing: Prompt, 30 days
Unit: USD per kg
Publication: Weekly, Thursdays 4pm London time.

MB-TB-0002 Terbium metal min 99.9%, fob China, $ per kg
Quality: Terbium metal min 99.9%, no other elements specified
Quantity: No minimum tonnage
Location: fob China
Timing: Prompt, 30 days
Unit: USD per kg
Publication: Weekly, Thursdays 4pm London time.

MB-RAE-0008 Praseodymium oxide 99.5%, cif Rotterdam, $ per kg
Quality: Powder, Praseodymium oxide 99.5%, no other elements specified
Quantity: No minimum tonnage
Location: cif Rotterdam
Timing: Prompt, 30 days
Unit: USD per kg
Publication: Weekly, Thursdays 4pm London time.

These prices will be part of the Fastmarkets rare earth package.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Caroline Messecar by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Caroline Messecar, re: rare earth pricing.”

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To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.