Neodymium Profile
· ₹12,669.86/kg today · Live chart →
The rare-earth element that makes powerful motors small — without it, today's compact EV drivetrains and wind turbines would need to be considerably bulkier.
Asian MetalWhere Neodymium Is Produced & Consumed
Among this site's tracked countries:
Notable producers
Major consumers
The Magnet Metal
Neodymium-iron-boron (NdFeB) permanent magnets are the strongest commercially available, and they're what let EV motors, wind-turbine generators, hard drives and headphone speakers be as compact and powerful as they are — swap them out for older magnet technology and the same power output needs a noticeably bigger, heavier motor.
One Country Refines Almost All of It
China's dominance in neodymium isn't just about mining — it controls the large majority of the world's rare-earth refining and magnet-manufacturing capacity, a processing chokepoint that matters at least as much as who holds the deposits, with Australia one of the few other tracked countries producing any meaningful volume.
Did You Know?
Almost none of the world's neodymium trades on a public exchange — like several other rare and minor metals here, it's priced through surveyed benchmark assessments rather than a listed futures contract.
Frequently Asked Questions
The Neodymium price in India today is ₹12,669.86 per kilogram as of August 4, 2026. See the live price and chart for the full 10-day trend.
Neodymium is bought mainly by EV and wind-turbine motor manufacturers needing high-strength permanent magnets, alongside consumer-electronics makers building speakers, headphones and hard drives.
Among the countries tracked on this site, China, Australia are notable producers, while China, Germany, Japan, USA, South Korea are among the largest consumers.
Neodymium is tracked on Asian Metal — see each exchange's market profile for how it actually works.
