NdPr Prices Climb Above U.S. Price Floor, Easing Need for MP Materials Subsidy
Prices for neodymium-praseodymium (NdPr) oxide have surged to $123 per kg, surpassing the U.S. price-support floor set for MP Materials and reducing the immediate need for government subsidies. The rally reflects strong magnet demand and constrained supply, particularly in China, and lifts prospects for other Western rare earth producers while anal…