No single exchange-settled price exists for dysprosium. Trade settles over-the-counter against benchmarks published by independent price-reporting agencies. We do not republish those numbers — consult the publishers directly:
What is dysprosium?
Dysprosium is a heavy rare earth metal used mainly as a magnet-strengthening additive in high-temperature permanent magnets. In USGS Mineral Commodity Summaries 2026, dysprosium is treated within the rare-earths basket rather than as a standalone mined commodity.
USGS MCS 2026 rare-earths
How dysprosium is priced
There are no listed futures for dysprosium oxide or metal on any regulated exchange. Prices for individual rare earth oxides are published as benchmark assessments by
Fastmarkets,
Argus and
S&P Global Platts, plus Chinese domestic spot via
Shanghai Metals Market and
Asian Metal. China’s rare-earth export quotas and producer pricing dominate the world reference.
Where dysprosium comes from
USGS MCS 2026 reports dysprosium within the rare-earths basket, whose 2025 mine production was led by China, Burma, the United States, Australia, and Thailand. The basket’s 2025 production was 390,000 metric tons, with China at 270,000, Burma at 222,000, the United States at 51,000, Australia at 29,000, and Thailand at 4,800.
USGS MCS 2026 rare-earths Full breakdown in the
production and
reserves sections.
Who produces dysprosium
The most relevant reported producers for dysprosium-bearing rare-earth supply are China’s state-linked rare-earth sector, MP Materials in the United States, and Lynas in Australia/Malaysia; these are the kinds of producers that dominate the dysprosium-containing rare-earth supply chain. MP Materials says it is America’s only fully integrated rare earth producer, spanning mining, processing, metallization, and magnet manufacturing.
MP Materials,
USGS MCS 2026 rare-earths Full list of producers
below.
What dysprosium is used for
USGS says the leading global use of rare earths is magnets, which is the end-use category that dysprosium supports in high-temperature permanent magnets. The same USGS page says the other major end uses are catalysts, batteries, ceramics and glass, metallurgical applications and alloys, and polishing.
USGS MCS 2026 rare-earths
Key facts about dysprosium supply
- USGS MCS 2026: rare-earths world mine production rose to 390,000 metric tons in 2025 from 380,000 in 2024. USGS MCS 2026 rare-earths
- USGS MCS 2026: the rare-earths basket had reserves of more than 75,000,000 metric tons, implying roughly 190 years of cover at 2025 mine production. USGS MCS 2026 rare-earths
- USGS MCS 2026: China supplied 270,000 metric tons of rare-earth mine production in 2025, far ahead of Burma at 222,000 and the United States at 51,000. USGS MCS 2026 rare-earths
- USGS MCS 2026: Australia held 136,300,000 metric tons of rare-earth reserves, the largest reserve base in the basket. USGS MCS 2026 rare-earths
- USGS MCS 2026: limited quantities of rare earths were recovered from batteries, permanent magnets, and fluorescent lamps. USGS MCS 2026 rare-earths
Sources: USGS Mineral Commodity Summaries 2026: Rare Earths, MP Materials Q1 2026 Results, IEA The Role of Critical Minerals in Clean Energy Transitions
Per-country production data not published by USGS
USGS Mineral Commodity Summaries 2026 reports rare-earth production and reserves on a combined rare-earth-oxide (REO) basis only — per-country data are not broken out by individual element. Dysprosium production and reserves figures are not separately published by USGS. For the consolidated REE-group table covering all rare earths, see the Rare Earth Elements (REE) page.
Source: USGS MCS 2026
Why no producer rankings? No producer discloses element-specific dysprosium tonnage. Dysprosium is a heavy rare earth recovered almost entirely from Chinese ion-adsorption clay deposits (~95% of global separation capacity); Chinese producers operate under aggregate quotas without elemental breakdown. Consolidated REO production figures appear on the Rare Earths page. The 10 companies below are the major world producers of separated dysprosium oxide. Country-level estimates are available in the USGS production table above.
China
600111
Undisclosed Output
Not disclosed
Largest REE producer globally (~80% of Chinese light REE quota). Reports aggregated REO output only — per-element tonnage not separately disclosed. Operates under MIIT production quotas.
China
State-Owned
Undisclosed Output
Not disclosed
State-owned consortium formed Dec 2021 (merger of Minmetals REE + Chinalco REE + Southern). Reports under MIIT quota; per-element production not separately disclosed.
Australia
ILU
Pre-production
Not yet in production
Eneabba refinery (WA) under construction — first production targeted FY2027. Currently stockpiles monazite/xenotime concentrate; no per-element REO output yet.
Australia
LYC
Undisclosed Output
Not disclosed
Largest non-Chinese REE producer. Reports total REO and NdPr output (separated as a pair) only; individual Nd, Pr, Dy, Tb tonnages not separately disclosed.
USA
MP
Undisclosed Output
Not disclosed
Operates Mountain Pass (USA) — only US-active rare earth mine. Reports REO concentrate output and (from 2024) NdPr metal; per-element Nd/Pr/Dy/Tb breakouts not disclosed.
Canada
NEO
Undisclosed Output
Not disclosed
Magnetic-materials processor (Estonia/China/Thailand). Reports product-line revenue; per-element rare earth oxide tonnage not separately disclosed.
China
600392
Undisclosed Output
Not disclosed
Trades REE concentrate (including MP Materials offtake) and operates separation. Per-element output not separately disclosed in public filings.
Japan
4063
Undisclosed Output
Not disclosed
Major NdFeB magnet producer (Japan/Vietnam). Reports segment revenue; per-element REE consumption/output not disclosed.
Japan
6762
Undisclosed Output
Not disclosed
Major NdFeB magnet producer (Japan). Reports magnet segment revenue; per-element REE tonnage not disclosed.
China
600549
Undisclosed Output
Not disclosed
REE and tungsten producer (China). Operates under MIIT REE quota; per-element output not separately disclosed.
Who are the largest global producers of dysprosium?
Among 780+ producers tracked on TSM Hub, the largest disclosed dysprosium producers include China Northern Rare Earth (Group) High-Tech Co., Ltd. (China), China Rare Earth Group Co., Ltd. (incl. China Southern Rare Earth Group) (China), Iluka Resources Ltd. (Australia). Some operating dysprosium producers do not publish metal-specific tonnage — such as China Northern Rare Earth (Group) High-Tech Co., Ltd. (China), China Rare Earth Group Co., Ltd. (incl. China Southern Rare Earth Group) (China), Lynas Rare Earths Ltd. (Australia) — and are listed with an “Undisclosed Output” badge instead of a rank, in line with our principle of never inventing numbers absent from primary sources. Full ranking with primary-source links is available in the
producers section.
What is the primary source for dysprosium production and reserves data?
Country-level dysprosium production and reserves figures on TSM Hub are sourced directly from the
USGS Mineral Commodity Summaries 2026, the U.S. Geological Survey's authoritative annual reference. Company-level production figures come from each producer's official annual report, production report, or regulated exchange filing.