Praseodymium Price Today — USD/kg | Critical Minerals HQ
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Praseodymium is a rare earth element used alongside neodymium in magnets for electric vehicles and wind turbines. Praseodymium-neodymium (PrNd) mixed oxide is the standard commercial magnet feedstock.
Top Uses of Praseodymium
- PrNd alloy magnets for EV motors and wind turbines
- Aircraft engine alloys
- Colorant for glass and ceramics
- High-strength rare earth alloys
Top Praseodymium Producing Countries
- China
- Australia
- United States
- Myanmar
Why Praseodymium Is a Critical Mineral
Praseodymium is co-critical with neodymium for EV and wind energy magnets. Supply concentration in China creates strategic vulnerability for energy transition supply chains.
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Frequently Asked Questions about Praseodymium
What is the price of praseodymium today?
Critical Minerals HQ tracks the live praseodymium price in USD/kg, refreshed every 15 minutes during market hours from institutional pricing feeds.
What is praseodymium used for?
Praseodymium is a rare earth element used alongside neodymium in magnets for electric vehicles and wind turbines. Praseodymium-neodymium (PrNd) mixed oxide is the standard commercial magnet feedstock.
Which countries produce the most praseodymium?
The leading producers of praseodymium are China, Australia, United States, according to the latest USGS Mineral Commodity Summaries.
Why is praseodymium considered a critical mineral?
Praseodymium is co-critical with neodymium for EV and wind energy magnets. Supply concentration in China creates strategic vulnerability for energy transition supply chains.