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Rare earth prices on the rise

Posted on 28 June 2013

Even as new measures to consolidate the rare earth industry in China are on the cards, prices for the 17 elements have jumped 10% over the past two weeks. The report has indicated that prices of praseodymium-neodymium oxide stood at around $43,000 (270,000 yuan) per tonne on June 25, about $3,237 (20,000 yuan) higher than the price recorded two weeks ago, according to the Shanghai Securities Journal.
Prices of dysprosium oxide and terbium oxide, on the other hand, were quoting at $218,571 (1.35 million yuan) and $420,989 (2.6 million yuan) per tonne respectively on June 25, each higher by $3,237 as compared to a fortnight ago………………………………………..Full Article: Source


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