<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>釔氧化物的價格在今年飆升近 1500%，達到每公斤 126 美元，這主要是由於中國對稀土的出口限制。這突顯了中美之間持續的貿易緊張關係，而中國在生產方面佔據主導地位。釔廣泛應用於醫療技術、航空航天、陶瓷、激光和超導體。美國和澳大利亞的公司正在擴大生產，以減少對中國進口的依賴</p>

稀土元素釔的價格飆升至創紀錄水平，漲幅接近 1500%