Update shared on 15 Apr 2026
Latest Shanghai Metals Market average pricing (Apr 13/26):
Neodymium Oxide (FOB China) USD$171/kg
Praseodymium Oxide (FOB) USD$126/kg
Dysprosium Oxide (FOB China) USD$292/kg
Terbium Oxide (FOB) USD$1135/kg
these are the four main Rare Earth Oxides outlined in the Springer resource estimate
In-situ value of Springer resource based on this latest pricing:
Indicated (56.6 million tonnes) at US$268/tonne or US$15.17 billion
Inferred (119.5 million tonnes) at US$219/tonne or US$26.17 billion
Total resource of 176 million tonnes has an in-situ value of US$41.3 billion
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