Rare Earth Pricing
Rare earth elements are not exchange-traded in the same way that precious (for instance, gold and silver) or non-ferrous metals (such as nickel, tin, copper, and aluminium) are. Instead they are sold on the private market, which makes their prices difficult to monitor and track. However, prices are published periodically on websites such as mineralprices.com. The 17 elements are not usually sold in their pure form, but instead are distributed in mixtures of varying purity, e.g. "Neodymium metal ≥ 99.5%". As such, pricing can vary based on the quantity and quality required by the end user's application.
Read more about this topic: Rare Earth Element, Global Rare Earth Production
Famous quotes containing the words rare and/or earth:
“The capacity to give one’s attention to a sufferer is a very rare and difficult thing; it is almost a miracle; it is a miracle. Nearly all those who think they have this capacity do not possess it. Warmth of heart, impulsiveness, pity are not enough.”
—Simone Weil (1909–1943)
“Have We not made the earth as a cradle and the mountains as pegs? And We created you in pairs, and We appointed your sleep for a rest; and We appointed night for a garment, and We appointed day for a livelihood. And We have built above you seven strong ones, and We appointed a blazing lamp and have sent down out of the rain-clouds water cascading that We may bring forth thereby grain and plants, and gardens luxuriant.”
—Qur’An. “The Tiding,” 78:6-16, trans. by Arthur J. Arberry (1955)