Rare Earths MMI®: Neodymium Oxide Falls Over Week

Neodymium oxide finished as the week’s biggest price mover with a 6.4 percent decline on the Rare Earths MMI®.

The past week saw dysprosium oxide close after a 5.2 percent decline. The price of praseodymium oxide fell 3.8 percent from the previous week.

A couple other prices of rare earth metals tumbled over the last week.

Terbium oxide closed out the week after a 2.2 percent decrease, while europium oxide saw a 1.8 percent fall.

More than five other rare earth metals prices traded steady over the last week.

The Rare Earths MMI® collects and weights 14 global rare earth metal price points to provide a unique view into rare earth metal price trends. For more information on the Rare Earths MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.