Highlights
- Product pricing released by China Northern Rare Earth Group for December 2024.
- Prices range from $561/ton for Lanthanum Oxide to $72,032/ton for Neodymium Metal.
- Pricing is based on market transactions.
- Includes specific quality specifications for each product.
In December 2024, China Northern Rare Earth Group High-Tech Co., Ltd. published its rare earth product prices. Below is a translation of the pricing sheet, with prices converted from Chinese Yuan (CNY) to U.S. Dollars (USD) using an approximate exchange rate of **1 CNY = 0.137 USD**:
| Product | Price (CNY/ton) | Price (USD/ton) | Specifications |
|---|---|---|---|
| Lanthanum Oxide | 4,100 | 561 | TREO≥97.5%, La₂O₃/REO≥99.99% |
| Cerium Oxide | 7,600 | 1,041 | TREO≥99%, CeO₂/REO≥99.95% |
| Praseodymium-Neodymium Oxide | 416,600 | 57,074 | TREO≥99%, (Pr₆O₁₁ + Nd₂O₃)/REO≥99.5% |
| Neodymium Oxide | 424,900 | 58,212 | TREO≥99%, Nd₂O₃/REO≥99.5% |
| Praseodymium-Neodymium Metal | 516,000 | 70,692 | TREM≥99%, (Pr₆O₁₁ + Nd₂O₃)/REO≥99.5% |
| Neodymium Metal | 526,000 | 72,032 | TREM≥99%, Nd/REM≥99.5%, C≤0.05% |
Notes:
- Pricing is determined based on publicly available quotes and actual market transactions, as decided by the company’s pricing committee.
- For lanthanum and cerium products, the company offers discounts for bulk purchases and requires payment before delivery.
- Until new prices are announced, the previously published prices remain in effect.ycharts.com+2exchangerates.org.uk+2x-rates.com+2 (opens in a new tab)
- Prices may be adjusted in response to significant market fluctuations.
- Quality complaints must be submitted within 90 days of shipment for domestic customers and within 120 days for international customers. Written complaints should be directed to the company’s sales department.
Note this pricing does not include shipping, tariffs, import duties, or additional processing costs that international buyers might incur.
Note: TREO stands for Total Rare Earth Oxides; REO stands for Rare Earth Oxides; TREM stands for Total Rare Earth Metals.
Exchange rate sourced from historical data for December 2024, where 1 CNY ≈ 0.137 USD.
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