{"id":7703,"date":"2022-01-12T15:56:17","date_gmt":"2022-01-12T14:56:17","guid":{"rendered":"https:\/\/garnet.it\/?p=7703"},"modified":"2022-01-13T15:56:44","modified_gmt":"2022-01-13T14:56:44","slug":"rare-earths-price-trend-january-2022","status":"publish","type":"post","link":"https:\/\/garnet.it\/en\/rare-earths-price-trend-january-2022\/","title":{"rendered":"Rare earths price trend &#8211; January 2022"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">RARE EARTHS<\/h3>\n\n\n\n<p><strong><strong>Rare earths are a group of 17 chemical elements<\/strong>&nbsp;<\/strong>of the periodic table considered strategic material for the production of permanent magnets used in many industrial sectors.<\/p>\n\n\n\n<p>In particular,&nbsp;<a href=\"https:\/\/garnet.it\/en\/prod\/sintered-neodymium-iron-boron-ndfeb-magnets\/\">sintered neodymium magnets (NdFeB)&nbsp;<\/a>are the most popular on the market.<br>The alternative magnetic materials available can be&nbsp;<a href=\"https:\/\/garnet.it\/en\/prod\/samarium-cobalt-smco-sintered-magnets\/\">samarium-cobalt<\/a>,&nbsp;<a href=\"https:\/\/garnet.it\/en\/prod\/bremag-bonded-magnets-neodymium-iron-boron-ndfeb\/\">compressed plasto-neodymium<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/garnet.it\/en\/prod\/injected-bonded-neodymium-iron-boron-ndfeb-plastomagnets\/\">injected plasto-neodymium<\/a>&nbsp;(bonded and injection molding), also available on&nbsp;<a href=\"https:\/\/garnet.it\/en\/prod\/sintered-ferrite-magnets\/\">ferrite<\/a>&nbsp;base, and magnetic materials in&nbsp;<a href=\"https:\/\/garnet.it\/en\/prod\/alnico-magnets-sintered-and-cast-alnico-aluminum-nickel-and-cobalt\/\">aluminum-nickel-cobalt (AlNiCo)<\/a>. &nbsp;<\/p>\n\n\n\n<p>Rare earths prices are currently at the highest levels recorded in recent years and continue to rise. The magnets price, especially in sintered neodymium (NdFeB), after a slight decline at the end of December 2021 is still growing now. In order to minimize the effects of raw material costs, we recommend purchase scheduling to avoid further cost increases. <\/p>\n\n\n\n<p>The situation of Chinese permanent magnet factories is particularly unstable. In addition, the Chinese New Year is next February 1, 2022, and the factories will remain closed for the holidays, resulting in the suspension of production. Colleagues at our Chinese headquarters in Ningbo are monitoring the situation regarding raw materials and the slowdown in production rates on a daily basis, to promptly inform us for new changes.<\/p>\n\n\n\n<p>In order to ensure proper supply continuity, we recommend planning the most urgent orders and sending us the forecasts for year 2022 so as to be ready when rare earth prices return to stable levels.<\/p>\n\n\n\n<p>We remain at your complete disposal for further information on the matter.<\/p>\n\n\n\n<p>Below it\u2019s showed the&nbsp;<strong>main raw materials update prices used for rare earth magnets<\/strong>&nbsp;<strong>production<\/strong>.&nbsp;The permanent magnets cost as a finished product is inevitably influenced by the trend in the raw materials price, indicated in RMB \/ Ton in the following graphs.<\/p>\n\n\n\n<p><strong><strong>Dysprosium Alloy \u2013 Iron:<\/strong><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/dy-iron-gen22-964x1024.jpg\" alt=\"\" class=\"wp-image-7695\" width=\"723\" height=\"768\" title=\"\" srcset=\"https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/dy-iron-gen22-964x1024.jpg 964w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/dy-iron-gen22-282x300.jpg 282w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/dy-iron-gen22-768x816.jpg 768w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/dy-iron-gen22-640x680.jpg 640w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/dy-iron-gen22-1024x1088.jpg 1024w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/dy-iron-gen22.jpg 1094w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 723px\" \/><\/figure>\n\n\n\n<p><strong><strong><strong>Praseodynium \u2013 Neodymium Alloy:&nbsp;<\/strong><\/strong><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/pr-nd-gen22-851x1024.jpg\" alt=\"\" class=\"wp-image-7696\" width=\"638\" height=\"768\" title=\"\" srcset=\"https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/pr-nd-gen22-851x1024.jpg 851w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/pr-nd-gen22-249x300.jpg 249w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/pr-nd-gen22-768x924.jpg 768w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/pr-nd-gen22-640x770.jpg 640w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/pr-nd-gen22-1024x1232.jpg 1024w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/pr-nd-gen22.jpg 1094w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 638px\" \/><\/figure>\n\n\n\n<p><strong>Cobalt:&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/cobalt-gen22-902x1024.jpg\" alt=\"\" class=\"wp-image-7698\" width=\"677\" height=\"768\" title=\"\" srcset=\"https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/cobalt-gen22-902x1024.jpg 902w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/cobalt-gen22-264x300.jpg 264w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/cobalt-gen22-768x872.jpg 768w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/cobalt-gen22-640x727.jpg 640w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/cobalt-gen22-1024x1163.jpg 1024w, https:\/\/garnet.it\/wp-content\/uploads\/2022\/01\/cobalt-gen22.jpg 1094w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 677px\" \/><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RARE EARTHS Rare earths are a group of 17 chemical elements&nbsp;of the periodic table considered strategic material for the production of permanent magnets used in many industrial sectors. In particular,&nbsp;sintered neodymium magnets (NdFeB)&nbsp;are the most popular on the market.The alternative magnetic materials available can be&nbsp;samarium-cobalt,&nbsp;compressed plasto-neodymium&nbsp;and&nbsp;injected plasto-neodymium&nbsp;(bonded and injection molding), also available on&nbsp;ferrite&nbsp;base, and magnetic [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1345],"tags":[],"class_list":["post-7703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magnets"],"acf":[],"_links":{"self":[{"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/posts\/7703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/comments?post=7703"}],"version-history":[{"count":3,"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/posts\/7703\/revisions"}],"predecessor-version":[{"id":7708,"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/posts\/7703\/revisions\/7708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/media\/5403"}],"wp:attachment":[{"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/media?parent=7703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/categories?post=7703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/garnet.it\/en\/wp-json\/wp\/v2\/tags?post=7703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}