Neodymium Rare Earth Futures Ease Toward 3-Month Low
2025-04-28 09:21
By
Agna Gabriel
1 min. read
Neodymium prices dropped to 517,500 RMB after reaching a peak of 562,000, following China’s latest export restrictions, which notably excluded neodymium and praseodymium.
Analysts suggest China is focusing on rarer elements that are harder to source outside its borders.
Meanwhile, Kazakhstan discovered a significant rare earth reserve at Zhana Kazakhstan, with over 20 million metric tons, potentially becoming the third-largest globally.
Despite the exclusion of neodymium and praseodymium from restrictions, seven other rare earths, including samarium and dysprosium, were added to the export control list, disrupting global supply chains.