Global price forecast of rare earth oxide gadolinium oxide 2011-2030

It is forecast that the price of the rare earth oxide (REO) gadolinium will be 187,500 Renminbi per metric ton in 2030. Prices of the REO have been fairly volatile during the 2010s, with the 2011 price of nearly 390,000 Renminbi per metric ton decreasing to less than 70,000 Renminbi per metric ton in 2016. However, prices seem to have stabilized since then, with a gradually increasing trajectory forecast for 2021 through 2030.

There are 17 rare earth elements and although they are fairly abundant in the Earth's crust, often they occur at sparse intervals are are less economically exploitable.