Procyon Metals
Metals Documentation
Sm62

Samarium

Rare Earth
Last updated: January 2026

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

01SmCo permanent magnets
02Nuclear reactor control
03Cancer treatment
04Optical lasers
05Headphones

Price History

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

20192020202120222023202402468

Physical Properties

Density
7.52 g/cm³
Melting Point
1,072°C
Atomic Number
62
Category
Rare Earth

Supply Concentration

  • China88%
  • Australia5%
  • Brazil3%
  • Other4%

Procyon Indicative Price

On request

Form: Metal · Purity: 99.9%

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.

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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.

Where can you buy samarium?

Physical samarium 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 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%).