Yttrium price surges to record as rally approaches 1,500%
Geopolitics · Mining.com ·
Yttrium prices have skyrocketed to a record $126 a kilogram, up from less than $8 at the end of 2024, representing a rally of nearly 1,500%. The dramatic surge reflects tightening supply amid China's export restrictions on heavy rare earths used in high-performance magnets and defense applications.