Global Market (GLOBAL) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
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Global Market
viewing
GLOBAL · XX
|
$0.0003207
per oz
|
Open |
Neodymium is a rare-earth metal used primarily to make high-strength permanent magnets found in electric vehicle motors, wind-turbine generators, hard drives and many consumer and defense electronics. Its market importance comes from a critical role in the clean-energy and electronics supply chains coupled with concentrated, geopolitically sensitive production. Prices are driven by mining and refining capacity, ore grades and byproduct dynamics, environmental and export regulations, recycling rates and shifting demand from EVs and renewables.