Teresa Matich reports that rare earths are not as rare as you might think, but the market and rare earth metals prices are certainly complicated. There are 17 rare earths in all, and each can be classified under different groups, with prices for multiple individual and mixed products.
From heavy rare earths to light rare earths, magnet materials and beyond, it can all seem a bit overwhelming at first glance. Case in point, Argus Rare Earths keeps track of no less than 58 rare earth metals prices and rare earth oxide prices every two weeks.
This is a short introduction to a few basics on the rare earths market and rare earth metals prices. Unlike prices for gold or silver, rare earth metals prices are hard to come by, as there is no widely used public exchange for rare earth metals (save for the Chinese collapsing Fanya Metal Exchange). Firms such as Argus put out regular price assessments based on surveys of traders, marketers, consumers and other market participants. This information is available for a fee.
However, rare metals recently came out with a rare earths prices app, with data provided by Asian Metal. Price forecasts and other information can also be found via analyst firms such as Adamas Intelligence, Stormcrow Capital and Technology Metals Research.
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