Adamas Intelligence and Roskill, leading analysts in the REE industry, estimates that the demand for REE will increase significantly in the years to come, thus putting preassure on prices based on the fact that demand will outperform supply.
In 2015 the basket price for REE (Fen deposit) was historically low i.e. USD 12,5 per kilo. The basket price has since then soard to new heights as viewed below. Spot price indicates USD 41.6 for the Fen-field specifically as of January-22.