What it is
A group of seventeen metallic elements, among them neodymium and dysprosium. They are not especially rare, but they are hard to separate from one another. Their main use is in the strong permanent magnets of electric motors and wind turbines.
How it is usually quoted
Per kilogram or per tonne of oxide, most often in yuan.
This is the customary unit of the reference market. Other markets for the same commodity may use another unit or currency, and an exchange can change a contract’s terms: its own rulebook is the authority.
Where the reference contract trades
No leading exchange contract; sold under contract and priced from published assessments.
Named for orientation only. Naming an exchange or a market here does not mean that GIO4X gives access to it.
What commonly moves it
- China’s production quotas and export controls
- Demand for magnets in electric vehicles and wind turbines
- New mines and separation plants outside China
- Recycling of magnets
These are the things people who follow this market usually watch. They explain how the market works; they do not say what the price will do next.
Where it comes from
China dominates both mining and, still more, processing. The United States, Australia and Myanmar also mine them.
The order of producers changes from year to year, so no quantities or shares are given here.
At GIO4X
Rare earths is not offered as a GIO4X instrument. This page is general education about a market that exists elsewhere, and nothing on it means that GIO4X quotes, trades or gives access to it.
The commodities GIO4X does list are Brent crude, gold, natural gas, palladium, platinum, silver and WTI crude.
Words worth knowing
A reference page. Educational information, not investment advice or a recommendation to trade. It gives no price and no forecast.