Quick Conversions
Neodymium Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
The Names That Keep Coming Up
Ask about rare earth investing and two company names surface almost immediately: MP Materials, which owns the Mountain Pass mine and processing operation in California, and Lynas Rare Earths, which mines at Mount Weld in Australia and processes at its Malaysian facility. Today's neodymium reference rate is ₹12.41 per gram on September 17, 2026 — the commodity both companies are ultimately exposed to.
- MP Materials: US-based, Mountain Pass mine and integrated processing
- Lynas Rare Earths: Australian mining, Malaysian separation facility
- VanEck REMX ETF: a diversified basket fund, not a single-company bet
Neodymium Reference Rate by Weight
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 |
Single Stocks vs a Basket Fund — A Real Trade-Off
Buying MP Materials or Lynas directly is a concentrated bet on one company's execution — its own mine output, processing ramp-up, and project timelines matter as much as where rare earth prices head. The VanEck Rare Earth and Strategic Metals ETF (REMX) spreads that risk across a basket of producers, refiners and recyclers instead, at the cost of diluting exposure to any single name's specific upside.
Why interest in this whole category has grown
China's tightened strategic-mineral export controls and narrower rare earth mining quotas have been real, documented developments pushing manufacturers and governments to look harder at non-China supply — a genuine structural shift, not just sentiment. That's shown up in rising investor attention toward both the individual stocks and the broader ETF, though attention and actual production capacity are two different things.
| Vehicle | Type | What It Actually Holds |
|---|---|---|
| MP Materials | Single company | Mountain Pass mine and processing (California) |
| Lynas Rare Earths | Single company | Mount Weld mine (Australia) plus Malaysian separation plant |
| VanEck REMX ETF | Diversified fund | A basket of rare earth and strategic metals producers, refiners and recyclers |
Neodymium Reference Rate — 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 | — |
Before Putting Money Behind Any of These Names
Every one of these vehicles carries risk beyond the neodymium or broader rare earth price itself — project delays, processing ramp-up challenges, and fund-level fees and turnover all layer on top of the commodity story. None of this page is a recommendation to buy or sell anything; it's a map of what the commonly referenced names actually are.
For neodymium's own price trend, separate from any company or fund, the comparison table and history above track the live reference rate, and the site's neodymium price history page holds a longer record.
This page is for general information, not investment advice. Company shares and funds carry risks beyond the underlying commodity price. Consider consulting a qualified financial advisor before making investment decisions.
Rare Earth Stocks and ETFs — Common Questions
MP Materials, which owns the Mountain Pass mine and processing facility in California, and Lynas Rare Earths, which mines in Australia and processes at its Malaysian facility, are the two most frequently cited non-China rare earth producers. Both are real, publicly listed companies with disclosed operations.
Not one tracking neodymium alone. The VanEck Rare Earth and Strategic Metals ETF (ticker REMX) is the best-known broad rare-earth-and-strategic-metals fund, holding a basket of mining, refining and recycling companies rather than the metal itself.
REMX tracks an index of companies involved in producing, refining and recycling rare earth and strategic metals, with holdings that have included Albemarle, MP Materials, Lynas Rare Earths, and China Northern Rare Earth, among others. Exact holdings and weightings change over time, so check the fund's own published list for the current breakdown.
No. Both companies' stock prices reflect their own production volumes, costs, project execution, and broader market sentiment on top of whatever rare earth prices are doing — a real but imperfect proxy for the underlying commodity.
China's tightened strategic-mineral export controls and narrower rare earth mining quotas have pushed governments and manufacturers to look harder at non-China supply, which is reflected in rising investor interest in companies like MP Materials and Lynas — a real, observable trend, though individual stock and fund performance still varies with broader market conditions.
