Praseodymium
Companies
Key Companies in the Praseodymium Value Chain
The Praseodymium industry encompasses at least 4 major companies from junior explorers and mine developers to integrated producers and downstream processors. With annual production of 10,000 tonnes REO and prices around 70-80 $/kg oxide (NdPr blend), the Praseodymium market supports a diverse corporate ecosystem.
Annual Production
10,000
tonnes REO
Market Price
70-80
$/kg oxide (NdPr blend)
Top Producer
China
62% share
Companies Tracked
4
Major Producers and Processors
The following companies are key participants in the Praseodymium supply chain:
Northern Rare Earths
Dominant NdPr producer from Bayan Obo
Lynas Rare Earths
Largest non-Chinese NdPr producer
MP Materials
US NdPr producer building domestic separation capability
Shin-Etsu Chemical
Worlds largest NdFeB magnet maker consuming NdPr feedstock
Active Operations and Development Projects
These are the key Praseodymium operations and development-stage projects associated with the companies above:
Nolans Project
Arafura Rare Earths
Dedicated NdPr project in Northern Territory
Wicheeda
Defense Metals
Large carbonatite deposit with significant NdPr content
Corporate Strategy Trends
Major consumers of Praseodymium across the permanent magnets (ndpr alloy) and aircraft engine alloys 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 62% concentration in China.
More on Praseodymium
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Uses & Applications
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Supply Chain
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Mining & Processing
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Refining & Grade Specs
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Recycling
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Substitutes
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