Praseodymium Sentiment Dashboard

Description: Praseodymium (symbol Pr, atomic number 59) is a soft, silvery, malleable rare earth element. It is primarily used in praseodymium-neodymium (PrNd) alloys for permanent magnets in electric vehicles and wind turbines, as well as in mischmetal for lighter flints, and as a glass colorant to create yellow and green tints. The metal is extracted from minerals such as monazite and bastnäsite, with major reserves in China, the United States, and Australia. As a critical raw material for green energy technologies, its price is influenced by supply constraints, geopolitical factors, and demand from the renewable energy and electronics sectors. Praseodymium is typically traded through futures contracts and spot markets on exchanges like the London Metal Exchange (LME) and the Shanghai Futures Exchange.

Established / Launched: 1885

Founder / Issuer: Carl Auer von Welsbach

Sector / Category: Commodities