Samarium oxide price edges up on scarcity of supply, export cost
Published: Thursday, 12 April 2012
Guangdong Metals indicates 90% profit loss in Q1 on bearish rare earth price
Rare earths traders in China have indicated that the price of
samarium oxide, which is used in magnet applications, is rising
due to scarcity of supply.
Market sources indicated that of the 30 companies which can
currently export rare earths, very few have access to samarium,
which is generally...