CME Considers World’s First Rare Earth Futures Contract

Published: Feb 13, 2026 16:46 (GMT+8)

Save

The Chicago Mercantile Exchange (CME), the world’s largest derivatives exchange, is considering the launch of the world’s first rare earth futures contract, Reuters reported on 12th (local time).

According to the report, CME is preparing a futures contract linked to neodymium–praseodymium (NdPr), a key rare earth alloy used in high-performance permanent magnets for electric vehicles and wind turbines.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Oct 10, 2026 19:34 (GMT+8)

Bao Gang United Steel and China Northern Rare Earth Q4 rare earth concentrates transaction prices edge up QoQ; how will the market perform going forward? [SMM Commentary]

Oct 10, 2026 19:34 (GMT+8)

Oct 10, 2026 14:19 (GMT+8)

September Pr-Nd oxide production rebounds about 3% MoM; will the tight supply pattern persist? [SMM Analysis]

[SMM Analysis: September Pr-Nd Oxide Production Rebounds About 3% MoM, Will the Tight Supply Pattern Continue?] SMM statistics show that China's Pr-Nd oxide production rose about 3.0% MoM in September 2026. Looking at the monthly trend, September Pr-Nd oxide production saw a slight rebound after a brief pullback in August.

Oct 10, 2026 14:19 (GMT+8)

Oct 10, 2026 13:49 (GMT+8)

Prices outside China remain stable for now, while non-China industry chain construction accelerates [SMM Rare Earth Overseas Weekly Review]

Overseas rare earth prices remained largely stable this week, with mediocre trading. The EU adjusted its sanctions list against Russia, giving a green light to Estonia's rare earth processing needs. Aclara expanded its separation scope and commissioned a metallization demonstration plant, Lynas acquired the Caldeira project in Brazil, and LS Group advanced the South Korea-Vietnam ex-China magnet supply chain. In rare earth-free magnets, Niron secured a $150 million loan from the US Department of Defense and investment from Honda, while Moog will jointly showcase related solutions. Indonesia and the US discussed cooperation in rare earths and other areas.

Oct 10, 2026 13:49 (GMT+8)