Rare earth and strategic metals prices today
Dysprosium costs $2,166.15 per kilogram and neodymium $174.45, as of 27 October 2026. We track 12 rare earth and technology metals in US dollars: 10 of them are up this year, and dysprosium has risen most, +377.23%.
- Biggest rise this year
- Dysprosium +377.23%
- Biggest fall
- Tellurium −39.89%
- Highest per kg
- Germanium $10,197
Bars are scaled to the largest move. Select a metal for its price page.
01 · Price table
Current prices for 12 strategic metals
Private-investor reference prices in US dollars, for the metal (not the oxide), as of 27 October 2026. Switch the unit or sort any column.
| Rare earth elements | |||||
|---|---|---|---|---|---|
| Dysprosium | $2,166.15 | +377.23% | |||
| Neodymium | $174.45 | +16.85% | |||
| Praseodymium | $182.21 | +26.45% | |||
| Terbium | $4,593.75 | +131.61% | |||
| Technology metals | |||||
| Gallium | $2,866.37 | +66.40% | |||
| Germanium | $10,196.74 | +75.39% | |||
| Hafnium | $9,609.37 | +1.15% | |||
| Indium | $850.50 | +2.11% | |||
| Rhenium | $7,400.88 | +55.46% | |||
| Antimony | $36.18 | −34.24% | |||
| Bismuth | $85.29 | +55.36% | |||
| Tellurium | $132.00 | −39.89% | |||
Source: our supplier's weekly reference prices for private investors, last changed 27 October 2026. "1 January" is derived from the year-to-date change. Antimony, bismuth and tellurium have no January 2020 figure because their series starts later. How we price
02 · The long view
How far prices have moved since January 2020
Gallium has risen most: +861.22%, so a kilogram that cost about $298 in January 2020 now costs $2,866. Every one of the nine metals with a 2020 figure is at least 2.5 times its January 2020 price.
- Rare earth element
- Technology metal
03 · The elements
The 17 rare earths and 8 technology metals we cover
Rare earths are the 15 lanthanides plus scandium and yttrium. Light ones (lanthanum to europium) are mined in bulk; heavy ones (gadolinium to lutetium, plus yttrium) are scarcer and cost far more. A green dot marks the metals with a current price.
Scandium and yttrium
- 21 Sc Scandium no price
- 39 Y Yttrium no price
Lanthanides light heavy
- 57 La Lanthanum no price
- 58 Ce Cerium no price
- 59 Pr Praseodymium $182
- 60 Nd Neodymium $174
- 61 Pm Promethium no price
- 62 Sm Samarium no price
- 63 Eu Europium no price
- 64 Gd Gadolinium no price
- 65 Tb Terbium $4,594
- 66 Dy Dysprosium $2,166
- 67 Ho Holmium no price
- 68 Er Erbium no price
- 69 Tm Thulium no price
- 70 Yb Ytterbium no price
- 71 Lu Lutetium no price
04 · Export controls
China's export controls on these metals, in order
China mines or refines most of the world's gallium, germanium, antimony and heavy rare earths, so its licence rules move these prices more than anything else. Eight steps since 2023:
Date to watch
30 days
until : us ban suspension on gallium, germanium and antimony ends.
What happens next →-
Gallium and germanium need an export licence
In forceMOFCOM and Customs Announcement 23 of 2023 puts gallium, germanium and their compounds under licence.
- Ga
- Ge
-
Antimony joins the licence list
In forceAnnouncement 33 of 2024 adds antimony ores, metal, oxides and related technology.
- Sb
-
Exports to the United States banned
US ban suspendedAnnouncement 46 of 2024 bans gallium, germanium, antimony and superhard materials to the US and for US military end use.
- Ga
- Ge
- Sb
-
Indium, bismuth and tellurium under licence
In forceFebruary 2025 controls add indium, bismuth, tellurium, tungsten and molybdenum. Exporters must document end users; tellurium licences typically take about 45 days (USGS).
- In
- Bi
- Te
-
Seven medium and heavy rare earths under licence
In forceAnnouncement 18 of 2025: samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium need a licence to leave China.
- Sm
- Gd
- Tb
- Dy
- Lu
- Sc
- Y
-
Wider rare earth package announced
Suspended one yearAnnouncements 55–58, 61 and 62 add holmium, erbium, thulium, europium and ytterbium, magnet and processing items, and battery and superhard materials.
- Ho
- Er
- Tm
- Eu
- Yb
-
October package suspended
To about 10 Nov 2026Announcement 70 of 2025 suspends the six October announcements for one year. The April 2025 list stays in force and China begins issuing general licences to selected exporters.
- Dy
- Tb
- Nd
-
US ban on Ga, Ge and Sb suspended
Until 27 Nov 2026Announcement 72 of 2025 suspends Article 2 of Announcement 46 until 27 November 2026. Licences still apply to every destination and the military end-use ban stays.
- Ga
- Ge
- Sb
Sources: announcements of China's Ministry of Commerce (MOFCOM) and General Administration of Customs. Full timeline and sources
05 · Calculator
What is a given amount of metal worth?
Pick a metal and an amount in grams, kilograms, troy ounces, pounds or tonnes. The value uses the reference price from 27 October 2026.
Example: 100 grams of gallium at $2,866.37 per kg is worth $286.64.
06 · Stocks and ETFs
Rare earth and strategic metal stocks
Narrow lists by exchange and by metal, each with the ticker, the project and its stage, taken from company filings.
- Full list
Rare earth stocks
Every listed rare earth company, sorted by exchange, with the elements each one mines or processes and how far its projects have got.
- ASX
- TSX
- TSXV
- NYSE
- Nasdaq
- LSE AIM
- OTC
- Compare
Rare earth ETFs
Funds that hold rare earth and strategic metal miners, compared on fees and holdings.
- ASX
Australian rare earth stocks
ASX-listed producers and developers.
- TSX
Canadian rare earth companies
TSX and TSX Venture names.
- Sb
Antimony stocks
Miners and smelters exposed to antimony after China's licence rules.
Stock pages are information, not investment advice. Each one carries a disclosure and the date it was last checked.
07 · Where the prices come from
How we price, in four rules
- Price last changed
- Last checked
- Currency and unit
- USD per kg, metal
- 1
One named series
Every figure is the private-investor reference price from our metals supplier, in US dollars per kilogram of metal. We do not mix it with oxide or Chinese domestic prices.
- 2
Checked every week
The supplier reviews prices weekly. Outside big market events they often stay the same for weeks or months, so the date on the page is the date the price last changed.
- 3
Same number everywhere
The figure in a page title, its first sentence, its table and this homepage come from one data file, so they cannot disagree.
- 4
Not a quote
A reference price is a guide to the market for physical metal. What a dealer pays or charges you depends on purity, form, lot size and timing.
09 · Questions
Questions about rare earth and strategic metal prices
Short answers, using the figures in the table above.
What is the price of dysprosium today?
The dysprosium price is $2,166.15 per kilogram of metal as of 27 October 2026. That is +377.23% since 1 January and +527.43% since January 2020, the largest rise this year of the 12 metals we track.
Which strategic metal is the most expensive per kilogram?
Germanium is the most expensive metal in our table at $10,196.74 per kilogram, followed by hafnium at $9,609.37 and rhenium at $7,400.88. Terbium, at $4,593.75, is the most expensive rare earth.
Why do dysprosium and terbium cost so much more than neodymium?
Dysprosium and terbium are heavy rare earths, found in far smaller amounts than neodymium and refined mostly in China. A magnet needs only a few percent of them, but there is no easy substitute when the magnet must work hot. Both have needed a Chinese export licence since 4 April 2025. Today a kilogram of dysprosium costs about 12 times a kilogram of neodymium.
Are these market benchmark prices?
No. They are reference prices for private investors buying physical metal, in US dollars per kilogram, from one supplier series. Industrial benchmarks for oxides traded in China are usually far lower and move on different days, so the two should not be mixed.
How often are the prices updated?
The supplier reviews prices every week. Outside major market events they often stay unchanged for weeks or months, so each page shows the date the price last changed rather than today's date.
Is China's ban on gallium and germanium exports to the US still in force?
The US-only ban is suspended until 27 November 2026. Exports of gallium, germanium and antimony to every country, the US included, still need a Chinese export licence.