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03 Aug
15:57

RARE EARTHS: Pensana says NdPr oxide prices near $100,000/t

UK-based rare earth company Pensana said on Tuesday prices for neodymium-praseodymium (NdPr) oxide have risen over 35% in the past month, Kallanish reports. In a note, the company developing a rare earth processing hub in the UK states NdPr prices are nearing $100,000/tonne thanks to strong market demand. Prices for the EV raw material at the Shanghai Metals Market rose to RMB 627,500/t, continuing the strong trend that has seen prices double since early 2020. C…
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