Neodymium oxide’s 4.9 percent decline made it this week’s biggest mover on the weekly Rare Earths MMI®. The past week saw the praseodymium neodymium oxide price close after a 3.5 percent decline. Cerium oxide prices fell 3 percent from a week ago.
Lanthanum oxide dropped three percent over the past week, while dysprosium oxide prices did not change.
Other rare earth metals prices tracked by the MetalMiner IndX℠, including neodymium, praseodymium oxide and yttria held steady from the previous 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.