Argus Rare Earths Analytics Service

The service covers 16 rare earth elements:

• Cerium
• Dysprosium
• Europium
• Erbium
• Gadolinium
• Holmium
• Lanthanum
• Lutetium
• Neodymium
• Neodymium-Praseodymium (NdPr)
• Praseodymium
• Samarium
• Terbium
• Thulium
• Yttrium
• Ytterbium

Price forecasts cover oxides and metals in key pricing terms, including fob China and cif Europe.

Argus Rare Earths Analytics is an independent consulting service that delivers short and long-term price forecasts and market analysis across the global rare earths market. It provides a monthly outlook with 12-month price projections and a biannual report with 15-year supply, demand and price forecasts, supported by proprietary modelling and expert analysis.

Forecasts are produced by the Argus Consulting team using proprietary models underpinned by Argus' historical database of rare earths prices, built on decades of trusted price assessments. Analysts incorporate supply and demand fundamentals, trade flow data, project tracking and geopolitical developments to deliver perspectives grounded in real market expertise.

The service is updated on two publication cycles:

• Monthly — 12-month price projections and market outlook.
• Biannual — comprehensive 15-year forecasts for supply, demand, prices and projects.

Subscribers receive:

• A monthly PDF report with short-term analysis and element-by-element outlook.
• A biannual long-term analytics report with a data-rich executive summary.
• Raw data in Excel, accessible via a client portal.
• Price forecasts via API (monthly outlook).
• Direct access to Argus rare earths consultants across 28 offices globally.

The service includes:

• Project trackers for Chinese and global rare earths mining and refining operations.
• Permanent magnet export and import data for ores, concentrates and mixed carbonates.
• Chinese rare earths compound and metal import and export data.
• US, Japanese and EU rare earths import data.
• EV sales forecasts and EV-driven demand projections by element.
• Global wind power growth forecasts and renewables-driven demand data.
• Rare earths demand by application (volume and value), both current and forecast.
• Global rare earths mining output by region and country.

Rare earth elements are critical inputs for permanent magnets, EV motors, wind turbines, defence systems and electronics. More than 90pc of magnet production and the majority of rare earth processing are concentrated in China, so global buyers face significant supply risk from geopolitical tensions, export controls and trade policy shifts — making independent forecasting and analysis essential.

The service equips procurement, strategy and supply chain teams with:

• One and 15-year price forecasts to anchor contracts and planning cycles.
• Supply and demand analysis by element to identify tightening or surplus conditions.
• Geopolitical risk coverage including export controls, tariffs and trade disruptions.
• Access to Argus experts for bespoke advisory and scenario analysis.

The monthly outlook covers the following:

• Pricing series — price assessments and outlooks for cerium, dysprosium, europium, ferro-dysprosium, gadolinium, lanthanum, mischmetal, neodymium, praseodymium, NdPr, samarium, terbium and yttrium, with price movement analysis.
• End market updates — developments in permanent magnets, EVs and offshore wind.
• Supply updates — producer and supply chain developments, mine production updates and a project tracker.
• Trade — import and export data for key markets and updates on trade restrictions and regulations.

 

Deliverables include a PDF report, Excel dataset and price forecasts via API.

The biannual report provides a comprehensive 15-year outlook to 2040. It covers:

• Market overview — rare earths market drivers, permanent magnet market dynamics and demand from EVs and wind power.
• Supply — supply by source and element, project tracker and project benchmarking including adjusted basket value and marginal cost curve analysis.
• Demand — demand by application and element, with detailed EV and renewable energy demand data.
• Trade — rare earths import and export data across key global markets.
• Prices and forecasts — historic and forecast prices for all key rare earth elements and feedstocks to 2040.

 

Deliverables include a PDF report and Excel dataset, with ad hoc access to Argus experts.