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Samarium is a rare earth element used in samarium-cobalt (SmCo) magnets, which maintain their strength at extreme temperatures far better than neodymium magnets. SmCo magnets are critical for aerospace and defense applications.
Samarium is critical for defense and aerospace applications requiring magnets that perform reliably at extreme temperatures where neodymium magnets would fail.
Critical Minerals HQ tracks the live samarium price in USD/kg, refreshed every 15 minutes during market hours from institutional pricing feeds.
Samarium is a rare earth element used in samarium-cobalt (SmCo) magnets, which maintain their strength at extreme temperatures far better than neodymium magnets. SmCo magnets are critical for aerospace and defense applications.
The leading producers of samarium are China, Russia, United States, according to the latest USGS Mineral Commodity Summaries.
Samarium is critical for defense and aerospace applications requiring magnets that perform reliably at extreme temperatures where neodymium magnets would fail.