Rare Earth Prices Surge, Driven by Chinese Domestic Increases; Terbium and Dysprosium See Notable Gains

Published: Jun 17, 2026 11:52

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[SMM Rare Earth Overseas] As of 12:00 a.m. today, FOB neodymium oxide was quoted at $160-192/kg, FOB praseodymium oxide at $125-129/kg, FOB terbium oxide at $1,153-1,241/kg, and FOB dysprosium oxide at $274-328/kg. FOB terbium metal was quoted at $1,441-1,525/kg. The across-the-board rise in rare earth prices this round was mainly driven by domestic price increases in China, with heavy rare earth posting particularly notable gains, and dysprosium and terbium each rising $20-50/kg. Overseas inquiry frequency increased significantly this week, but short-term spot transactions remained difficult due to controls and approval cycle constraints.

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