Lanthanum oxide finished as the week’s biggest mover on the weekly Rare Earths MMI® after dropping 6.4 percent. The past week saw cerium oxide close after a 6 percent decline.
The price of praseodymium neodymium oxide, however, rose 1.7 percent after falling 3.2 percent during the previous week.
The week finished with no movement for neodymium oxide. Rare earth carbonate remained essentially flat from the previous week. Samarium oxide traded sideways last week. Terbium metal remained unchanged for the week.
The rest of the sector remained flat on the MetalMiner IndX℠.
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.