Praseodymium
Overview
A rare earth element often paired with neodymium in permanent magnets. Praseodymium is also used in aircraft engines and as a colorant for glasses and ceramics.
Strategic Relevance
Demand closely linked to neodymium for magnet applications. Essential component of didymium used in protective welding glasses.
Applications
Price History
Historical price trend (USD/kg or USD/tonne)
Physical Properties
- Density
- 6.77 g/cm³
- Melting Point
- 931°C
- Atomic Number
- 59
- Category
- Rare Earth
Supply Concentration
- China70%
- Australia12%
- Myanmar8%
- Other10%
Related Documentation
Procyon Indicative Price
Form: Metal · Purity: 99%
Indicative price provided for information purposes, derived from Procyon Metals' trading activity. It is neither a firm offer nor investment advice. Firm quotes available on request, depending on volume, form and purity.
Request a quote →Frequently asked questions
What is the price of praseodymium?
In 2024, the reference price for praseodymium stood at around 65 USD/kg, compared with 70 USD/kg in 2023. Prices vary with purity, form (oxide or metal) and traded volume; the full history is charted above.
Where can you buy praseodymium?
Physical praseodymium is purchased through specialist traders. Procyon Metals supports clients end to end: sourcing from vetted counterparties, purity certification, insured logistics and secure storage in Brinks vaults.
Why is praseodymium a strategic metal?
Demand closely linked to neodymium for magnet applications. Essential component of didymium used in protective welding glasses.
Which countries produce praseodymium?
Praseodymium production is highly concentrated: China (70%), Australia (12%), Myanmar (8%).