Gold ₹14,829.00/g ▲ +0.38% Silver ₹213.09/g ▲ +1.13% Platinum ₹5,004.95/g ▲ +1.25% Palladium ₹3,466.94/g ▲ +0.44% Rhodium ₹25,506.72/g ▼ -0.77% Copper ₹1,273.33/kg ▲ +1.02% Aluminium ₹259.31/kg ▲ +0.37% Cobalt ₹3,411.38/kg ▲ +0.31% Gallium ₹22,556.37/kg ▲ +0.37% Indium ₹66,761.68/kg ▼ -1.54% Iron Ore ₹7.85/kg ▲ +0.13% Lead ₹163.62/kg ▲ +0.32% Lithium ₹1,324.21/kg ▼ -1.79% Molybdenum ₹7,978.99/kg ▲ +0.04% Nickel ₹1,317.73/kg ▲ +0.11% Neodymium ₹12,282.84/kg ▲ +0.37% Tin ₹4,373.89/kg ▲ +0.31% Tellurium ₹10,351.30/kg ▲ +0.37% Uranium ₹17,184.43/kg ▲ +0.31% Zinc ₹319.63/kg ▲ +0.73% Crude Oil (Brent) ₹10,012.37/bbl ▼ -0.54% Crude Oil (WTI) ₹9,177.39/bbl ▼ -0.28% Gasoline ₹299.13/gal ▼ -1.15% Natural Gas ₹304.04/MMBtu ▼ -1.93%
Product

Rare Earth Concentrates

Covered in 2 MetalsCost.com News Intelligence articles, most recently on October 6, 2026.

Form Mineral concentrate, roughly 30%-70% total rare earth oxide content
Key Minerals Bastnaesite, monazite, xenotime
Production Crushing, grinding, and flotation/magnetic/gravity separation
Major Sources Bayan Obo (China), Mountain Pass (USA), Mount Weld (Australia)
Next Step Shipped to chemical separation plants to become individual rare earth oxides

Overview

Rare earth concentrate is the mineral product that comes off a mine's processing plant before any chemical separation happens — crushed, ground ore that's been upgraded through flotation, magnetic and gravity separation into a concentrate typically carrying 30% to 70% total rare earth oxides, still bound up as a mix of every rare earth element the ore contained. It isn't usable directly in magnets, catalysts or any end product; it's an intermediate that has to be chemically decomposed and separated before individual elements become available.

How It's Made

The dominant deposit minerals are bastnaesite (a rare earth fluorocarbonate) and monazite (a rare earth phosphate that also carries thorium and uranium, which is why standalone monazite mining is restricted in China on radiological grounds). Concentrate produced at mines like Bayan Obo in China, Mountain Pass in the US, and Mount Weld in Australia is then processed by oxidation roasting with acid leaching, caustic decomposition, or sulfuric acid roasting to break the minerals down ahead of solvent-extraction separation.

Sources

Coverage