Hi Chemnot on here as much nowadays as life has changed a fair...

Hi Chem

not on here as much nowadays as life has changed a fair bit. Anyway, not too much work to refresh it (not bothered with making it 'fancy' tho).

As previous time, purple axis is NdPr spot price (left axis, USD/kg, China ex VAT), blue line is NdFeB price evolution (right axis, USD/kg; Japan).


Interestingly, the pricing for NdFeB never went back down as much as NdPr. There is arguably a slow downward trend, but I'm guessing there now is a higher floor than before. I've seen the same for the NdPr I track from LYC (~20% of total LYC NdPr), which after the big NdPr price spike never went down as much as the spot (floor around Au$90), probably reflecting long term pricing (floor/ceiling) in some of our contracts.

Japan is clearly able to set their own prices, likely reflecting geopolitical reasons and the high performance magnets they produce.

Thinking about it, the two may be correlated - the price floor I've observed in some of LYCs NdPr and Japans NdFeB..

Cheers
M