Yttrium Exceeds $1 Million per Ton Equivalent in Reported Specialty Deals

Highlights

• China's yttrium oxide reference price sits at $8,700–$9,300 per metric ton, while specialty ex-China transactions have exceeded $1.2 million per ton equivalent.
• Yttrium is critical for turbine blade coatings, semiconductor chamber protection, YAG lasers, radar filters, and solid-oxide fuel cells.
• China Rare Earth Group in Ganzhou anchors the southern heavy rare earth network, combining mineral supply, separation capacity, and export controls.
• The real bottleneck is not ore deposits but converting resources into consistently pure, qualified, commercially deliverable oxide supply chains.
• Buyers must evaluate purity, qualification status, origin, volume, and actual availability—not just headline price figures.