Neodymium Oxide

Neodymium Oxide Market Outlook

The global neodymium oxide market is poised for substantial growth, projected to reach a value of approximately USD 2.5 billion by 2035, with a compound annual growth rate (CAGR) of around 6.5% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for neodymium oxide across various applications, particularly in magnetic materials used in electric vehicles, renewable energy systems, and consumer electronics. The growing trend towards miniaturization in electronic devices has also fostered the utilization of neodymium oxide, which is critical in manufacturing high-performance magnets. Additionally, the expanding glass and ceramics industries are significantly driving the market, as neodymium oxide is used to enhance color and stability in glass products. The rise of advanced technologies, alongside the transition to greener energy sources and electric mobility, is expected to propel the demand for neodymium oxide further, incentivizing market players to enhance their production capabilities and expand their geographical reach.

Growth Factor of the Market

Several key factors are driving the growth of the neodymium oxide market. Firstly, the technological advancements in electric and hybrid vehicles have significantly increased the demand for neodymium-based permanent magnets, which are essential components in electric motors. This shift in the automotive industry towards sustainability and electrification is a major contributor to the rising consumption of neodymium oxide. Secondly, the growing demand for high-performance magnets in wind energy applications showcases the rising need for neodymium oxide as a critical material for magnet manufacturing. Thirdly, the expansion of the electronics industry, fuelled by the production of gadgets such as smartphones, laptops, and other consumer electronics, continues to drive demand for neodymium oxide, particularly in the production of magnetic and optical components. Moreover, the rise in research and development investments aimed at discovering newer applications for neodymium oxide across various industries is propelling the market forward. Lastly, the increasing awareness about the benefits of neodymium oxide in enhancing product quality and performance drives manufacturers to seek out this compound as a necessary component in their production processes.

Key Highlights of the Market

• The neodymium oxide market is anticipated to witness a significant CAGR of 6.5% during the forecast period.
• Electric vehicles and renewable energy sectors are the primary drivers of neodymium oxide demand.
• Technological advancements in electronics have amplified the market potential for neodymium oxide.
• Growing research and development efforts are leading to new applications for neodymium oxide.
• The Asia Pacific region is expected to dominate the neodymium oxide market, accounting for over 45% of the total market share.

By Product Type

Neodymium Oxide Powder:

Neodymium oxide powder stands out as one of the most widely utilized forms of neodymium oxide in various industries. This fine powder is essential for the production of high-performance magnets, particularly in applications requiring strong magnetic fields, such as electric motors and generators. The growing demand for electric vehicles has significantly increased the consumption of neodymium oxide powder, as these vehicles rely on neodymium-based magnets for their electric drive systems. Additionally, neodymium oxide powder is extensively used in the glass and ceramics industry to impart color and improve thermal stability. With advancements in manufacturing processes and the desire for enhanced performance materials, the market for neodymium oxide powder is expected to experience robust growth over the coming years.

Neodymium Oxide Granules:

Neodymium oxide granules are gaining traction in the market due to their ease of handling and improved flow characteristics compared to powders. They are often preferred in applications where uniformity and controlled dispensing are crucial, such as in the production of specialty glasses and ceramics. These granules facilitate better mixing and processing, leading to enhanced product performance. Furthermore, as industries continue to focus on optimizing material usage and reducing waste, the appeal of neodymium oxide granules is likely to increase. The demand for these granules is also supported by the growth in the automotive and electronics sectors, where the need for high-quality, consistent raw materials is paramount.

Neodymium Oxide Pellets:

Neodymium oxide pellets are another form gaining popularity in various applications, particularly in the manufacturing of catalysts. These pellets are advantageous due to their high surface area and uniformity, which enhance their effectiveness in chemical reactions. The growing need for efficient catalysts in the petrochemical and chemical industries is driving the demand for neodymium oxide pellets. Additionally, they are utilized in advanced ceramics and glass applications, where consistent quality and performance are required. As sustainability continues to be a focus area for many industries, the demand for neodymium oxide pellets is expected to increase, particularly in sectors that prioritize efficiency and environmental friendliness.

Neodymium Oxide Nanoparticles:

Neodymium oxide nanoparticles have emerged as a crucial component in various high-tech applications due to their unique properties, such as high surface area, reactivity, and optical characteristics. These nanoparticles are pivotal in areas such as catalysis, where their small size allows for enhanced catalytic activity. They are also increasingly being explored in the field of medicine for applications like drug delivery and imaging due to their biocompatibility and magnetic properties. The growth in nanotechnology and a surge in research activities aimed at harnessing the potential of neodymium oxide nanoparticles in different fields are propelling this segment's growth. As the applications for nanoparticles expand, the market for neodymium oxide nanoparticles is expected to see considerable development.

Neodymium Oxide Sputtering Target:

Neodymium oxide sputtering targets are essential in the semiconductor and electronics industry, as they are utilized in the deposition of thin films for various electronic components. This application has gained momentum due to the increasing demand for miniaturized and high-performance electronic devices. The rapid advancements in technology and the growing trend towards more efficient and compact electronic systems are driving the need for neodymium oxide sputtering targets. Furthermore, these targets are also employed in the production of optical coatings and photovoltaic cells, adding to their market relevance. With the ongoing expansion of the electronics sector globally, the demand for neodymium oxide sputtering targets is projected to rise significantly.

By Application

Magnetic Materials:

The application of neodymium oxide in magnetic materials forms a significant portion of the market, primarily due to its critical role in producing neodymium-iron-boron (NdFeB) magnets. These magnets are among the strongest permanent magnets available and are extensively used in various applications, including electric motors, generators, and magnetic resonance imaging (MRI) systems. The rise of electric vehicles and renewable energy technologies is driving the demand for high-performance magnets, thereby bolstering the market for neodymium oxide in this segment. As industries continue to seek materials that enhance performance and efficiency, the importance of neodymium oxide in the production of magnetic materials is set to increase.

Glass & Ceramics:

Neodymium oxide is widely used in the glass and ceramics industry to improve product quality and aesthetic appeal. Its ability to impart vibrant colors and enhance thermal stability makes it a valuable additive in the production of specialty glasses, including optical glass, glassware, and ceramics. The market for neodymium oxide in this application is growing, driven by increasing consumer demand for high-quality and aesthetically pleasing products. Additionally, the expansion of the construction and interior design sectors is fueling the need for decorative glass and ceramic products, further propelling the usage of neodymium oxide in these industries.

Catalysts:

In the catalyst application segment, neodymium oxide is recognized for its role in enhancing catalytic processes in various chemical reactions. Its use in catalytic converters and as an additive in petrochemical processes is increasing due to the growing emphasis on sustainability and the need for efficient chemical processes. The rising demand for cleaner production methods and the implementation of stringent environmental regulations are driving the growth of neodymium oxide in this application sector. As industries strive to reduce emissions and enhance process efficiency, the importance of neodymium oxide as a catalyst is expected to rise significantly in the coming years.

Phosphors:

Neodymium oxide is also prominently used in the production of phosphors, which are essential in lighting, display technologies, and various electronic applications. The growing demand for energy-efficient lighting and advancements in display technology, particularly in LED and OLED displays, are driving the market for neodymium-based phosphors. The ability of neodymium oxide to enhance brightness and color rendering in displays makes it a critical material in this segment. As consumer electronics continue to evolve and the demand for high-quality displays rises, the market for neodymium oxide in phosphor applications is expected to expand significantly.

Others:

This segment encompasses various other applications of neodymium oxide, including its use in batteries, ceramics, and other specialized industrial applications. The diversification of neodymium oxide applications is a testament to its versatility and effectiveness in different fields. As industries continue to explore innovative uses for neodymium oxide, the demand in this segment is anticipated to grow. The ongoing research into its potential uses in advanced materials and emerging technologies will likely contribute to the expansion of this application segment, offering new avenues for growth in the neodymium oxide market.

By Distribution Channel

Direct Sales:

Direct sales of neodymium oxide allow manufacturers to establish a close relationship with their customers, ensuring tailored solutions and direct communication regarding product specifications and requirements. This channel is preferred by many large-scale buyers who require consistent quality and volume, particularly in industries such as automotive and electronics. By engaging in direct sales, manufacturers can better understand market demands and adjust their production strategies accordingly. Furthermore, this approach enhances customer loyalty, as clients appreciate the personalized service and support provided. As a result, direct sales are anticipated to play a significant role in the neodymium oxide market, particularly among major industrial players.

Distributor:

Distribution through distributors is a prevalent method for reaching a broader market, as it allows manufacturers to leverage established networks and relationships that distributors have with various industries. Distributors often have the capacity to supply smaller quantities of neodymium oxide to a diverse range of customers, including those in niche markets. By utilizing distributors, manufacturers can expand their geographical reach and gain access to new customer segments without the need for extensive investments in logistics and infrastructure. The growing number of manufacturers and increasing competition in the neodymium oxide market are likely to boost the significance of distribution channels over the coming years, as companies seek to maximize their market presence efficiently.

By Purity Level

99.9% Purity:

Neodymium oxide with 99.9% purity is often regarded as the highest quality for applications that demand exceptional performance and reliability. This level of purity is essential in critical applications such as magnetic materials, electronics, and specialty glasses, where impurities could significantly impact functionality and lifespan. The growing demand for high-performance products across various industries is driving the market for 99.9% purity neodymium oxide, as manufacturers strive to meet strict quality standards. Companies that produce and supply this grade of neodymium oxide are likely to experience considerable growth due to the increased emphasis on quality and performance in advanced applications.

99.5% Purity:

Neodymium oxide with a purity level of 99.5% is also widely used across various applications, particularly in sectors where slightly lower purity can be tolerated without compromising product performance. This level of purity is often sufficient for use in various types of ceramics, glass, and magnets, making it a popular choice for manufacturers seeking a cost-effective solution. The demand for 99.5% purity neodymium oxide is expected to grow, driven by the increasing production of consumer and industrial products where high purity is advantageous but not critical. This segment offers opportunities for manufacturers to cater to diverse market needs while maintaining competitive pricing.

99% Purity:

Neodymium oxide with 99% purity is recognized for its affordability and versatility, making it suitable for a wide range of applications. Although this level of purity may not meet the stringent requirements of high-tech applications, it is often adequate for general industrial usage, such as in ceramics and some types of glasses. The growing demand for functional materials in various industries is expected to support this segment, as manufacturers look for economical alternatives without significant compromises on quality. This balance between cost and performance is likely to drive interest in 99% purity neodymium oxide among diverse customer segments.

98% Purity:

Neodymium oxide at 98% purity is primarily used in applications where cost considerations take precedence over the highest levels of purity. Industries that require bulk quantities of neodymium oxide may opt for this grade to keep production costs manageable while still achieving acceptable performance in their products. This segment may not play a significant role in high-tech applications, but it finds relevance in lower-end markets, where the focus is more on cost efficiency than on the ultimate performance of the material. The demand for 98% purity neodymium oxide is anticipated to remain steady, particularly as manufacturers seek to optimize their supply chains and production processes.

Others:

The “Others” category encompasses neodymium oxide formulations that do not fit neatly into the specified purity levels, catering to niche applications and specialized requirements. This segment may include custom blends or formulations tailored to meet specific client needs in industries such as research and development, where unique properties are crucial. As the demand for innovative materials increases, suppliers who can provide specialized neodymium oxide options are likely to find growth opportunities in this area. The flexibility and adaptability of the “Others” category will attract manufacturers looking for tailored solutions to meet their specific operational challenges.

By Region

The Asia Pacific region accounts for a significant share of the global neodymium oxide market, estimated at over 45% in 2025, driven by the presence of leading manufacturers and the rapid industrialization of countries such as China, Japan, and South Korea. The increasing production of electric vehicles and renewable energy technologies within this region is amplifying the demand for neodymium oxide, particularly in the manufacturing of powerful magnets. Additionally, the robust growth of the electronics industry in Asia Pacific is further contributing to the expanding market for neodymium oxide. With a projected CAGR of 7% during the forecast period, the Asia Pacific region is anticipated to maintain its position as a dominant player in the neodymium oxide market.

North America stands as another key region in the neodymium oxide market, driven by heightened investment in renewable energy projects and electric vehicle manufacturing. The United States, being a significant market for high-performance magnets and advanced materials, is witnessing a surge in demand for neodymium oxide, especially in automotive and electronics applications. The market in North America is expected to grow at a CAGR of 5.5%, reflecting the region’s commitment to sustainable energy solutions and technological advancements. Europe is also a notable player in the neodymium oxide market, with strong demands arising from the automotive sector and stringent environmental regulations driving the need for efficient catalysts. As the global focus on sustainability continues to intensify, all three regions are expected to play crucial roles in shaping the future of the neodymium oxide market.

Opportunities

As the global emphasis on sustainability and renewable energy escalates, the neodymium oxide market is presented with numerous opportunities for growth. One of the most significant opportunities lies in the electric vehicle sector, where neodymium oxide is a critical component in producing high-performance magnets. As governments worldwide encourage the transition to electric mobility through incentives and regulations, manufacturers are likely to witness a surge in demand for neodymium-based components. Additionally, the expansion of renewable energy projects, particularly wind energy, creates substantial opportunities for neodymium oxide as it is vital in producing powerful magnets used in wind turbines. This shift towards sustainable practices opens avenues for neodymium oxide suppliers to innovate and align their offerings with green technologies.

Moreover, advancements in technology continue to unlock new applications for neodymium oxide, particularly in fields such as nanotechnology and specialized materials. The growing interest in research and development is prompting industries to explore the potential of neodymium oxide in innovative applications, such as drug delivery systems in the pharmaceutical industry and novel catalysts in chemical processes. These emerging opportunities can lead to increased investments in neodymium oxide production and a broader range of end-use applications, ultimately driving market growth. As industries continue to evolve and seek higher performance materials, the neodymium oxide market stands to benefit significantly from these trends.

Threats

Despite the promising growth prospects for the neodymium oxide market, several threats could hinder its development. One of the primary threats is the volatility of raw material prices, particularly neodymium, which is primarily sourced from rare earth elements. Fluctuations in the prices of these materials can affect the production costs and profitability of neodymium oxide manufacturers. Additionally, geopolitical factors, such as trade restrictions and tariffs imposed by countries with significant rare earth reserves, can disrupt the supply chain and impact market stability. Furthermore, competition from alternative materials and technologies may pose a threat, particularly as industries seek more cost-effective or sustainable solutions. The potential for substitution could undermine the demand for neodymium oxide in certain applications, necessitating continuous innovation and adaptation from manufacturers.

Another critical concern is the environmental impact associated with the extraction and processing of rare earth elements. The mining of neodymium and the subsequent production of neodymium oxide can lead to significant environmental degradation and pollution if not managed responsibly. Growing public scrutiny and tightening regulations regarding environmental sustainability can create challenges for companies operating in this space. Manufacturers will need to invest in cleaner production methods and adhere to stringent environmental compliance, which may drive up operational costs. Addressing these environmental concerns and mitigating risks associated with resource extraction will be essential for the long-term sustainability and growth of the neodymium oxide market.

Competitor Outlook

• China Northern Rare Earth Group High-Technology Co., Ltd.
• China Minmetals Rare Earth Co., Ltd.
• Lynas Corporation Limited
• MP Materials Corporation
• Neo Performance Materials Inc.
• American Rare Earths Limited
• Rare Element Resources Ltd.
• Alkane Resources Ltd.
• Australian Strategic Materials Ltd.
• Great Western Minerals Group Ltd.
• Shenzhou Machinery Group Co., Ltd.
• Industrias Peñoles, S.A.B. de C.V.
• Jiangxi Copper Corporation Limited
• Rudolph Technologies, Inc.
• Southern Minerals Group LLC

The competitive landscape of the neodymium oxide market is characterized by significant participation from both established players and emerging companies. Major manufacturers are focusing on expanding their production capabilities and enhancing their supply chain management to meet the increasing demand for neodymium oxide from various industries. Companies like China Northern Rare Earth Group and Lynas Corporation are notable for their extensive operations in rare earth mining and processing, allowing them to maintain a competitive edge in the market. The strategic investments in technology and innovation by these companies enable them to produce high-quality neodymium oxide tailored to specific applications, further solidifying their position in the market.

Moreover, companies are increasingly investing in sustainability initiatives to align with global environmental standards, which is becoming a critical factor in gaining a competitive advantage. For instance, Neo Performance Materials has made strides in developing environmentally friendly extraction techniques and focusing on recycling rare earth materials, which not only enhances their reputation but also responds to the growing consumer preferences for sustainable products. Additionally, joint ventures and partnerships among manufacturers are becoming more common as companies strive to leverage each other's strengths and resources, accelerating innovation and market entry into new regions.

In conclusion, the neodymium oxide market is poised for significant growth, driven by its critical role in various high-performance applications across industries. Major companies like MP Materials and China Minmetals Rare Earth are key players in this landscape, continuously adapting to market changes through innovation and strategic partnerships. The ongoing focus on sustainability and environmental responsibility will play a crucial role in shaping the future of the neodymium oxide market, as companies strive to meet both consumer demands and regulatory requirements. As the market evolves, the ability to navigate challenges while capitalizing on emerging opportunities will define the success of companies operating within this dynamic field.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Alkane Resources Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 MP Materials Corporation
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Lynas Corporation Limited
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Rudolph Technologies, Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Rare Element Resources Ltd.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Southern Minerals Group LLC
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 American Rare Earths Limited
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Neo Performance Materials Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Great Western Minerals Group Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Jiangxi Copper Corporation Limited
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Shenzhou Machinery Group Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Australian Strategic Materials Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 China Minmetals Rare Earth Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Industrias Peñoles, S.A.B. de C.V.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China Northern Rare Earth Group High-Technology Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Neodymium Oxide Market, By Application
    • 6.1.1 Magnetic Materials
    • 6.1.2 Glass & Ceramics
    • 6.1.3 Catalysts
    • 6.1.4 Phosphors
    • 6.1.5 Others
  • 6.2 Neodymium Oxide Market, By Product Type
    • 6.2.1 Neodymium Oxide Powder
    • 6.2.2 Neodymium Oxide Granules
    • 6.2.3 Neodymium Oxide Pellets
    • 6.2.4 Neodymium Oxide Nanoparticles
    • 6.2.5 Neodymium Oxide Sputtering Target
  • 6.3 Neodymium Oxide Market, By Purity Level
    • 6.3.1 99.9% Purity
    • 6.3.2 99.5% Purity
    • 6.3.3 99% Purity
    • 6.3.4 98% Purity
    • 6.3.5 Others
  • 6.4 Neodymium Oxide Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Neodymium Oxide Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Neodymium Oxide market is categorized based on

By Product Type

• Neodymium Oxide Powder
• Neodymium Oxide Granules
• Neodymium Oxide Pellets
• Neodymium Oxide Nanoparticles
• Neodymium Oxide Sputtering Target

By Application

• Magnetic Materials
• Glass & Ceramics
• Catalysts
• Phosphors
• Others

By Distribution Channel

• Direct Sales
• Distributor

By Purity Level

• 99.9% Purity
• 99.5% Purity
• 99% Purity
• 98% Purity
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• China Northern Rare Earth Group High-Technology Co., Ltd.
• China Minmetals Rare Earth Co., Ltd.
• Lynas Corporation Limited
• MP Materials Corporation
• Neo Performance Materials Inc.
• American Rare Earths Limited
• Rare Element Resources Ltd.
• Alkane Resources Ltd.
• Australian Strategic Materials Ltd.
• Great Western Minerals Group Ltd.
• Shenzhou Machinery Group Co., Ltd.
• Industrias Peñoles, S.A.B. de C.V.
• Jiangxi Copper Corporation Limited
• Rudolph Technologies, Inc.
• Southern Minerals Group LLC