Samarium
Overview
A rare earth element used in permanent magnets and nuclear applications. Samarium-cobalt magnets offer superior temperature stability and corrosion resistance compared to NdFeB alternatives.
Strategic Relevance
Preferred for high-temperature and corrosive environments where NdFeB magnets fail. Critical for aerospace and defense applications.
Applications
Price History
Historical price trend (USD/kg or USD/tonne)
Physical Properties
- Density
- 7.52 g/cm³
- Melting Point
- 1,072°C
- Atomic Number
- 62
- Category
- Rare Earth
Supply Concentration
- China88%
- Australia5%
- Brazil3%
- Other4%
Related Documentation
Procyon Indicative Price
Form: Metal · Purity: 99.9%
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.
Request a firm quote →Frequently asked questions
What is the price of samarium?
In 2024, the reference price for samarium stood at around 3.2 USD/kg, compared with 3.8 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 samarium?
Samarium 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 samarium a strategic metal?
Preferred for high-temperature and corrosive environments where NdFeB magnets fail. Critical for aerospace and defense applications.
Which countries produce samarium?
Samarium production is highly concentrated: China (88%), Australia (5%), Brazil (3%).
How liquid is physical samarium?
Less liquid than listed products: there is no exchange price for samarium 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.