Rare Earth Metal Neodymium Gains on Weekly Renewables Index

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Neodymium saw the largest upwards shift on the weekly Renewables MMI®, rising 2.3 percent.

Get more insight on the rare earth metals and minerals complex in our latest Weekly Rare Earths MMI®.

Chinese cobalt cathodes remained essentially flat from the previous week. The price of silicon did not change since the previous week. Following a steady week, prices for Chinese steel plate closed flat.

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Steel plate prices in the US, Japan, China and Korea didn’t move.

US grain-oriented electrical steel (GOES) held steady.

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The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.