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Thulium

Companies

Key Companies in the Thulium Value Chain

The Thulium industry encompasses at least 2 major companies from junior explorers and mine developers to integrated producers and downstream processors. With annual production of 3 tonnes and prices around $4,000 per kg, the Thulium market supports a diverse corporate ecosystem.

Annual Production

3

tonnes

Market Price

$4,000

per kg

Top Producer

China

95% share

Companies Tracked

2

Major Producers and Processors

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

China Southern Rare Earth Group

Producer
China

Primary source of separated thulium from ion-adsorption clay processing

IPG Photonics

End user IPGP
United States

Major fiber laser manufacturer developing thulium-doped fiber lasers for medical and defense applications

Corporate Strategy Trends

Major consumers of Thulium across the portable x-ray machines and laser materials 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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