Cerium oxide finished as the week’s biggest mover on the weekly Rare Earths MMI® after dropping 3.1 percent. The price of lanthanum oxide fell 3.1 percent from the previous week.
Dysprosium oxide, europium oxide and neodymium all remained essentially flat from the previous week, as did the rest of the rare earth price points tracked by the MetalMiner IndX℠.
Although the rare earth complex stopped the bleeding over the week, the latest monthly MMI report shows another steep drop across the board for rare earth prices.
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.