Sources confirmed that 99-percent praseodymium-neodymium oxide is being offered at $48,123 to $49,728 per tonne, while lanthanum market prices are unchanged from last week, with 99-percent lanthanum oxide trading at $7,218 per tonne.Although some sources suggest that the European yttrium oxide market is recovering, the market in China remained stagnant this week, with almost no business reported amidst unchanged prices. Market sources have pointed out that most suppliers are holding offer prices firm and have suspended production for the New Year break.
Rare Earth Prices Unlikely To Replicate 2003 Decline
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