Metals & Mining, Non-Ferrous
April 30, 2026
Platts proposes four new FOB China rare earth elements assessments
Platts, part of S&P Global Energy, proposes the launch of four new FOB China rare earth elements price assessments, effective June 30, 2026.
The four monthly assessments would be for oxide forms of neodymium-praseodymium (NdPr), dysprosium, terbium and samarium, and would complement four CIF North America assessments for the same oxides Platts launched on March 31, 2026: https://www.spglobal.com/energy/en/pricing-benchmarks/our-methodology/subscriber-notes/033126-platts-launches-market-first-alternative-supply-chain-rare-earth-elements-assessments .
Specifications for the new FOB China assessments would be as follows:
| Assessment | Quality | Quantity | Dimensions/Form | Delivery Incoterm/Location | Timing | Payment | UOM |
| NdPr oxide FOB China |
TREO content 99.5% minimum (75:25 Nd to Pr ratio standard) |
500 kg min | Powder | FOB China | Loading within 30 days | At sight | $/kg |
| Dysprosium oxide FOB China | TREO content 99.9% minimum | 100 kg min | Powder | FOB China | Loading within 30 days | At sight | $/kg |
| Terbium oxide FOB China | TREO content 99.9% minimum | 100 kg min | Powder | FOB China | Loading within 30 days | At sight | $/kg |
| Samarium oxide FOB China | TREO content 99.5% minimum | 200 kg min | Powder | FOB China | Loading within 30 days | At sight | $/kg |
The new assessments would be published on S&P Global Energy Core, on new fixed pages and in the Platts pricing database.
The assessments would be published on the last business day of each month, following a US holiday calendar and reflecting a 10 am US Eastern price assessment timestamp.
China is a global leader in the rare earth sector, accounting for about 60% of the world's mine production of rare earth elements -- required to produce permanent magnets found in everything from consumer electronics and medical devices to electric vehicles and airplanes -- and as much as 91% of global refining and processing capability, according to the International Energy Agency.
Platts invites feedback, comments and questions on this proposal to metalsamericas@spglobal.com and pricegroup@spglobal.com by May 15, 2026.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.