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China's Export Restrictions Cause Yttrium Prices to Skyrocket

11/17/2025

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Summary

Story summary

China's export restrictions began in April 2025, driving a 4,400% rise in yttrium oxide prices in Europe to about $270 per kilogram.
China supplies about 93% of the U.S. yttrium market, and traders report inventory declines.
The aerospace and semiconductor industries face production delays and higher costs due to tighter supply.
ReElement Technologies plans to start domestic yttrium production by December to reduce reliance on Chinese imports.

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Story summary

China's export restrictions began in April 2025, driving a 4,400% rise in yttrium oxide prices in Europe to about $270 per kilogram.
China supplies about 93% of the U.S. yttrium market, and traders report inventory declines.
The aerospace and semiconductor industries face production delays and higher costs due to tighter supply.
ReElement Technologies plans to start domestic yttrium production by December to reduce reliance on Chinese imports.