Procyon Metals
Metals Documentation
Ce58

Cerium

Rare Earth
Last updated: January 2026

Overview

The most abundant rare earth element, widely used in catalytic converters, glass polishing, and metallurgy. Cerium oxide is essential for semiconductor manufacturing and petroleum refining.

Strategic Relevance

Foundation of automotive emissions control. Growing demand from hydrogen fuel cells and advanced glass manufacturing.

Applications

01Catalytic converters
02Glass polishing
03Petroleum cracking catalysts
04Metallurgical alloys
05Self-cleaning ovens

Price History

Historical price trend (USD/kg or USD/tonne)

20192020202120222023202402468

Physical Properties

Density
6.77 g/cm³
Melting Point
795°C
Atomic Number
58
Category
Rare Earth

Supply Concentration

  • China70%
  • Australia12%
  • Myanmar8%
  • Other10%

Procyon Indicative Price

Quote on request

Form: Metal · Purity: 99%

Indicative level for information only, based on Procyon Metals' trading activity. It is not a firm offer or investment advice. Firm quotes are issued to partner advisers and professional clients according to form, purity and volume.

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Frequently asked questions

What is the price of cerium?

In 2024, the reference price for cerium stood at around 2.8 USD/kg, compared with 3.5 USD/kg in 2023. Prices vary with purity, form (oxide or metal) and traded volume; the full history is charted above.

How can a client hold physical cerium?

Cerium is held in a specified form (metal, oxide or compound) and purity, backed by a certificate of analysis for the lot. Procyon Metals works through wealth advisers and family offices: it sources from vetted counterparties, documents the lot and arranges transport and storage with a specialist custodian.

Why is cerium a strategic metal?

Foundation of automotive emissions control. Growing demand from hydrogen fuel cells and advanced glass manufacturing.

Which countries produce cerium?

Cerium production is highly concentrated: China (70%), Australia (12%), Myanmar (8%).

How liquid is physical cerium?

Less liquid than listed products: there is no exchange price for cerium that a private holder can trade on. Resale is negotiated with industrial buyers or traders, and the price and timing depend on form, purity, lot size and demand at that moment. It should be treated as a long-horizon holding.