Rare Earth Metal Prices Poised for More Gains: Analysts

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Rare earth metal prices have risen sharply over the past year while growing adoption of new technologies like electric vehicles is likely to send costs even higher, according to analysts. In the 12 months through September, the price of lithium carbonate—used in batteries, mobile devices, and spacecraft—surged 150 percent; the price of holmium oxide—used in magnets and sensors—rose 109.4 percent; and the price of praseodymium-neodymium oxide—used
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