Lynas reports higher rare earth prices as China hunts for ore
Published: Friday, 24 January 2020
Prices for light rare earth magnet minerals eased in late 2019, but the shortage of heavy rare earth minerals dysprosium and terbium continues to intensify, miner Lynas said on Friday January 24.
Lynas reported slightly lower sales prices
for neodymium and praseodymium (NdPr), which are used in rare
Lynas' domestic Chinese NdPr prices
averaged $36.20 per kg in October-December 2019, compared with
$39.30 a year earlier.
"The Chinese light rare earth market is currently
oversupplied with concentrate...