Rare Earth Elements Prices 101 (Updated 2024)
From electric vehicles and wind turbines to water treatment and nuclear power, rare earth elements (REE) are critical for many of the technologies necessary for a cleaner, greener economy and world. However, understanding pricing for these commodities can be tricky. There are 17 rare earth minerals in all, and each is classified under different groups — typically light rare earths and heavy rare earths. Prices are available for multiple individual and mixed products, including for the rare earths used in permanent rare earth magnets, so it can all seem a bit overwhelming. “The supply chain for...