Quick Conversions
1 Kg Neodymium Price Trend — Last 10 Days
All prices in ₹ per gram · daily rate, updated once per day
1 Kg Neodymium Price — Metal, Not Magnet
Scaled up from today's per-gram rate of ₹12.41, 1 kg of neodymium comes to ₹12,405.39 on September 17, 2026. One distinction worth making immediately: this tracks the raw rare-earth metal, not a finished neodymium-iron-boron magnet, which costs considerably more once alloying, sintering, and machining are added on top.
- 1 gram: ₹12.41
- 100 grams: ₹1,240.54
- 1 kilogram: ₹12,405.39
- 1 metric tonne: ₹12,405,389.00
1 Kg Neodymium Price and Other Weight Conversions
Today's Neodymium rate is Twelve Rupees per gram. At this rate, 10 grams of Neodymium costs One Hundred and Twenty Four Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹12.41 | Twelve Rupees |
| 8 Grams | 8.0000 g | ₹99.24 | Ninety Nine Rupees |
| 10 Grams | 10.0000 g | ₹124.05 | One Hundred and Twenty Four Rupees |
| 100 Grams | 100.0000 g | ₹1,240.54 | One Thousand Two Hundred and Forty One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹12,405.39 | Twelve Thousand Four Hundred and Five Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹351.69 | Three Hundred and Fifty Two Rupees |
| 1 Troy Ounce | 31.1035 g | ₹385.85 | Three Hundred and Eighty Six Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹12,405,389.00 | One Crore Twenty Four Lakh Five Thousand Three Hundred and Eighty Nine Rupees |
Who Buys Neodymium Metal in Kilogram Lots
Magnet manufacturers are the dominant buyer, alloying neodymium with iron and boron to produce NdFeB magnets — the strongest class of permanent magnet in common industrial use. Those magnets go on to EV traction motors, wind turbine generators (especially direct-drive designs), hard disk drives, and a long list of smaller electronics applications that all quietly depend on rare-earth magnetism.
Why "rare earth" doesn't mean geologically scarce
Neodymium is one of 17 elements grouped as rare earths, and despite the name, most aren't actually rare in the ground. What's genuinely difficult and environmentally intensive is separating and refining them to usable purity — that processing bottleneck, not raw geological scarcity, is the real story behind neodymium's supply chain.
| Application | Typical Formulation |
|---|---|
| EV traction motors | NdFeB with dysprosium (heat resistance) |
| Wind turbine generators | NdFeB with dysprosium (direct-drive designs) |
| Hard disk drives | Plain NdFeB, little or no dysprosium |
1 Kg Neodymium Price History — Last 10 Days
The most recent Neodymium price on record (2026-09-17) is Twelve Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹12.38.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹12.41 | +0.02 |
| 2026-09-16 | ₹12.38 | -0.06 |
| 2026-09-15 | ₹12.44 | +0.02 |
| 2026-09-14 | ₹12.42 | +0.02 |
| 2026-09-13 | ₹12.40 | +0.00 |
| 2026-09-12 | ₹12.40 | +0.01 |
| 2026-09-11 | ₹12.40 | -0.01 |
| 2026-09-10 | ₹12.40 | +0.06 |
| 2026-09-09 | ₹12.34 | +0.05 |
| 2026-09-08 | ₹12.30 | — |
Reading This Figure Against the Supply Picture
China dominates both the mining and, more decisively, the processing and magnet-manufacturing side of the rare earth supply chain. The United States, Australia and other countries have publicly announced efforts to build non-China mining and processing capacity, citing supply-security concerns — real and well documented, though still early relative to China's scale.
The comparison table and 10-day history above track how today's kilogram figure fits into the recent trend. For a longer view, the site's own neodymium price history page holds real recorded data by year and month.
1 Kg Neodymium Price — FAQs
Today's 1 kg neodymium price works out to ₹12,405.39, scaled from the per-gram figure of ₹12.41 on September 17, 2026. It's a tracking benchmark for the metal, not a magnet or finished-product price.
No — this tracks the raw metal, not a finished neodymium-iron-boron (NdFeB) magnet. A finished magnet's price includes the iron and boron alloyed with it, plus manufacturing, machining, and coating costs on top of the raw neodymium content.
Magnet manufacturers producing NdFeB magnets for EV motors, wind turbine generators, hard disk drives, and countless smaller electronics applications are the primary kilogram-scale buyers, alongside metallurgical alloy producers.
Neodymium has no retail bullion market — no coin, no bar, nothing sold at a jeweller. It's an industrial and clean-energy materials commodity, priced for magnet manufacturing and electronics, not as a store of value for individual investors.
The reference rate reflects the broader global market, which China dominates on both mining and — even more decisively — processing and refining. That concentration is a real, well-documented structural feature of neodymium's supply chain worth understanding alongside the price itself.