Metals & Mining, Non-Ferrous

May 29, 2026

Platts to launch four new FOB China rare earth elements assessments

Platts, part of S&P Global Energy, will launch four new FOB China rare earth elements price assessments, effective June 30, 2026.

The four monthly assessments will be for oxide forms of neodymium-praseodymium (NdPr), dysprosium, terbium and samarium and would complement four Platts CIF North America assessments for the same oxides 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 are as follows. Other quantities or qualities may be normalized to reflect the standard specifications:

Assessment Quality Quantity Dimensions/Form Delivery Incoterm/Location Timing Payment UOM

NdPr oxide FOB China

(MAGPE03)

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

(MAGPF03)

 TREO content 99.9% minimum 100 kg min Powder FOB China Loading within 30 days At sight $/kg

Terbium oxide FOB China

(MAGPG03)

 TREO content 99.9% minimum 100 kg min Powder FOB China Loading within 30 days At sight $/kg

Samarium oxide FOB China

(MAGPH03)

 TREO content 99.5% minimum 200 kg min Powder FOB China Loading within 30 days At sight $/kg

The new assessments will be available on S&P Global Energy Core, Platts Rare Earths Market Report, Platts Metals Alert fixed pages and in the Platts pricing database.

The assessments will 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 comments and questions to metalsamericas@spglobal.com and pricegroup@spglobal.com .

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.