Yttrium saw a 42 percent decline this week, making it the week’s biggest mover on the weekly Rare Earths MMI®. Rare earth carbonate prices fell 34 percent, also a considerable decline. Neodymium finished the week after falling 9.8 percent.
Prices for cerium oxide, dysprosium oxide, and europium oxide remained constant, as did neodymium oxide, samarium oxide and praseodymium oxide.
Most of the other rare earth metals tracked by the MetalMiner IndX℠ held steady over the 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.