Benchmark to launch ex-China rare earth prices

Benchmark Mineral Intelligence is pleased to announce the addition of European and North American rare earth oxide prices to the monthly Benchmark Rare Earths Price Assessment. Publication of these new prices will begin 31 July 2025.

Benchmark launches ex-China rare earth prices

Benchmark is pleased to announce the launch of four ex-China rare earth price assessment grades:

These new grades will be published at the same frequency as the existing grades:

The launch of these grades is in response to the growing maturity and liquidity being observed in the ex-China rare earths market.

“Rare earths are the backbone of today’s technology revolution,” commented Daisy Jennings-Gray, head of prices at Benchmark.

“Rare earth permanent magnets are powering the electric vehicle boom, next-generation military hardware, and the expanding drone economy. Until now, however, price opacity and dependency on China-dominated supply chains have created uncertainty for manufacturers, innovators, and governments,” she added.

Following China’s rare earth export restrictions in April, developing a robust ex-China supply chain has become imperative for private and public sectors worldwide.

“Benchmark’s ex-China NdPr indices could be transformative for project developers and marginal producers seeking to enter the market, tracking any natural delta which could materialize between Chinese and western material in order to reshape the global rare earth supply chain,” commented Neha Mukherjee, research manager (rare earths) at Benchmark.

These four additional price grades alongside the existing price grades will be made available to existing Rare Earths Price Assessment subscribers on the final working day of the month by 4pm (London), starting from 31 July 2025, with market analysis sent out to subscribers soon after.

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