• industrial neodymium magnet china
          Empowering you with magnet solutions

          For tech companies who use neodymium magnets in their innovative products, our know-how in magnet engineering and manufacturing speeds up your project success.

          Permanent Magnets

          Find high-performance magnets for diverse applications, supported by our expert knowledge and dedication to quality.

          Magnetic Assemblies

          Discover custom-designed, high-performance assemblies for various applications, backed by our expertise and commitment to precision and reliability.

        • Magnets frequently come assembled with metal or plastic components. By offering these products together, we can streamline your process and save you valuable time.

          As a comprehensive magnet system solutions provider, we not only supply CNC precision machining parts, cast metals, and stamped metal parts but also specialize in designing and manufacturing plastic molds. 

          This extensive range of capabilities enhances our ability to support your product development needs more effectively.

          Metal Part Manufacturing
          Custom Metal Parts
          Custom Mold-Making
          Custom Plastic Parts
  • Contact

Rare Earth Alloy NdPr and NdPr Price

Why does NdPr Price matter?

Introduction: NdPr alloy and its Price​

NdPr price is the spotlight for those involved in the NdFeB industry as well as industries that are highly dependent on NdFeB magnets. Praseodymium-Neodymium is of vital importance to the production of NdFeB magnets. Its price has been considered as an indicator of NdFeB price because it makes up the major cost of neodymium magnets. 

NdPr alloy is the upstream alloy of pure neodymium (Nd) metal. In the early days of NdFeB production, it’s widely thought praseodymium (Pr) is detrimental to the magnetic properties. Therefore, NdFeB manufacturers used pure Nd metal to produce the NdFeB strip casting ingot. Later on, it was found that partial substitution of neodymium with praseodymium did not harm the magnetic properties of most NdFeB magnets. Since then, manufacturers started to use PrNd directly, saving the unnecessary costs of separating the elements as well as the additional cost of Nd.

prnd alloy

NdPr Price Chart - since 2006

ndpr price trend

NdPr price is volatile. In some cases, it can even rise by over 20% within two months. It’s important for customers to make purchase plans ahead of time. At Tengye, we always look for strategic cooperation with customers. To help our customer maintain stable costs, we can fix the price for customers. For more detail, please get in touch with us.

Tell us your project by filling out this inquiry form or send us an Email, we will get back to you within 24 hours.

Your information will be kept strictly confidential.
Jonah Jin

Jonah Jin
Managing Director

Every customer deserves to be treated professionally and responsively.