Global Market (GLOBAL) · USD
| Market | Price (USD/oz) | Status |
|---|---|---|
|
Global Market
viewing
GLOBAL · XX
|
$4.09
per oz
|
Open |
Praseodymium is a silvery rare-earth metal used mainly as an alloying element in high-strength metals and in neodymium‑praseodymium permanent magnets, with additional applications as a dopant in glass, ceramics and lighting. Its market relevance is driven by demand from electronics, EVs, renewables and defense, while pricing is influenced by concentrated supply and refining capacity, complex separation and processing costs, environmental/regulatory factors, and shifts in end‑use demand and recycling/substitution.