<div id="readability-page-1"><div><p>[MELBOURNE] Rare-earth element yttrium oxide has hit an all-time high after surging almost 1,500 per cent this year, highlighting the fallout of trade curbs from China.</p><p>Prices surged to US$126 a kilogramme, up from less than US$8 at the end of 2024, according to Asian Metal. In April, China imposed export curbs on rare earths, including yttrium.</p><p>Rare earths – their output, refining, trade, and usage – are at the heart of the drawn-out trade showdown between the world’s two largest economies. At present, China dominates their production, and while Beijing recently agreed to free up sales, the two sides are still negotiating over the details.</p><p>Yttrium’s uses include medical technologies, as well as aerospace equipment, ceramics, lasers and superconductors. In the four years to 2023, more than 90 per cent of US imports came from China, according to the US Geological Survey.</p><p>In the US, while Pentagon-backed MP Materials mines yttrium at its Mountain Pass project, the company is stockpiling the material while it plans a downstream expansion.</p><p>Elsewhere, Australia’s Lynas Rare Earths, which produces an array of rare earths, is expanding capacity to produce yttrium from its Mount Weld mine and processing plant in Malaysia. BLOOMBERG</p></div></div>

<p>钇氧化物的价格在今年飙升近 1500%，达到每公斤 126 美元，这主要是由于中国对稀土的出口限制。这突显了中美之间持续的贸易紧张关系，而中国在生产方面占据主导地位。钇广泛应用于医疗技术、航空航天、陶瓷、激光和超导体。美国和澳大利亚的公司正在扩大生产，以减少对中国进口的依赖</p>

稀土元素钇的价格飙升至创纪录水平，涨幅接近 1500%