Lu

Lutetium

Companies

Key Companies in the Lutetium Value Chain

The Lutetium industry encompasses at least 4 major companies from junior explorers and mine developers to integrated producers and downstream processors. With annual production of 10 tonnes and prices around 900-1,400 $/kg oxide, the Lutetium market supports a diverse corporate ecosystem.

Annual Production

10

tonnes

Market Price

900-1,400

$/kg oxide

Top Producer

China

95% share

Companies Tracked

4

Major Producers and Processors

The following companies are key participants in the Lutetium supply chain:

China Southern Rare Earth Group

Producer
China

Primary global source of separated lutetium

Siemens Healthineers

Major consumer SHL.DE
Germany

Major PET scanner manufacturer using LSO/LYSO scintillation crystals containing lutetium

GE HealthCare

Major consumer GEHC
United States

Produces PET scanners using lutetium-based scintillator detectors

Novartis

Consumer NVS
Switzerland

Markets Pluvicto (lutetium-177 PSMA), a radioligand therapy for metastatic prostate cancer approved in 2022

Corporate Strategy Trends

Major consumers of Lutetium across the pet scan detectors and petroleum refining catalysts sectors are increasingly focused on securing long-term supply agreements, investing in supply chain traceability, and supporting new production sources to reduce exposure to the 95% concentration in China.

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