No single exchange-settled price exists for gadolinium. 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 gadolinium?
Gadolinium (Gd, atomic number 64) is a silvery rare-earth metal in the lanthanide series. It is best known commercially for magnetic resonance imaging (MRI) contrast agents and specialized nuclear applications.
Lynas Rare Earths
How gadolinium is priced
Gadolinium has no exchange-listed contract. The reference market is the Chinese domestic spot market, where prices are published daily by
Shanghai Metals Market (SMM) and the
China Rare Earth Industry Association. International benchmark assessments are published by
Fastmarkets and
Argus Media on a daily/weekly basis. Both are regulated benchmark administrators under UK/EU BMR. The
LME does not currently list a Gadolinium-specific contract; cash-settled rare-earth contracts on LME are limited to NdPr oxide.
Where gadolinium comes from
Gadolinium is not reported by USGS as a separate mined metal; it is supplied within the rare-earths basket. In USGS Mineral Commodity Summaries 2026, rare-earth mine production was dominated by China (270,000 metric tons in 2025), followed by the United States (51,000), Australia (29,000), and Burma (222,000), with Brazil (2,000) and Thailand (4,800) also material contributors.
USGS MCS 2026 Rare Earths Full breakdown in the
production and
reserves sections.
Who produces gadolinium
For gadolinium-bearing rare earth supply, key producers and processors include MP Materials in the United States at Mountain Pass, Lynas Rare Earths in Australia/Malaysia, China Northern Rare Earth in China, and Shenghe Resources in China. These companies sit in the broader rare-earth supply chain rather than producing elemental gadolinium as a stand-alone mine product.
MP Materials,
Lynas Rare Earths Full list of producers
below.
What gadolinium is used for
USGS says the leading domestic end use of rare earths is catalysts, while the leading global use is magnets; other important uses include batteries, ceramics and glass, metallurgical applications and alloys, and polishing. For gadolinium specifically, Lynas lists MRI contrast agents and nuclear reactor rods as current applications.
USGS MCS 2026 Rare Earths,
Lynas Rare Earths
Key facts about gadolinium supply
- USGS MCS 2026: world rare-earth reserves were >75,000,000 metric tons versus 390,000 metric tons of 2025 mine production, implying more than 190 years of reserve cover at that production rate. USGS MCS 2026 Rare Earths
- USGS MCS 2026: China produced 270,000 metric tons of rare earths in 2025, about 69% of the 390,000-metric-ton world total. USGS MCS 2026 Rare Earths
- USGS MCS 2026: the United States produced 51,000 metric tons of rare earths in 2025, or about 13% of world output. USGS MCS 2026 Rare Earths
- USGS MCS 2026: rare-earth compounds and metals had U.S. net import reliance of 67% of apparent consumption in 2025e. 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 MCS 2026 Rare Earths, Lynas Rare Earths, MP Materials
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. Gadolinium 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
No producer data available for this metal.
What is the primary source for gadolinium production and reserves data?
Country-level gadolinium 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.