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Dysprosium Oxide price index

This post is a summary of the Dysprosium Oxide price developments since 2017.

Dysprosium Oxide price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

Further information on the Dysprosium Oxide price index

 

What is dysprosium oxide

Dysprosium oxide (Dy2O3) is a chemical compound composed of dysprosium and oxygen. It is a white, powdery solid with a melting point of about 2,400 degrees Celsius. Dysprosium is a rare earth metal that is known for its high magnetic moment, making it useful in a variety of applications including magnets, lasers, and nuclear fuel rods.

Dysprosium oxide is primarily used as an additive to improve the magnetic properties of other materials, particularly in the production of high-performance magnets. It is also used as a catalyst in the production of other chemicals, and it is sometimes used as a dopant in the semiconductor industry.

Dysprosium oxide is not found naturally in its pure form and must be extracted from dysprosium-bearing minerals through a complex process involving several steps including mining, milling, separation, and purification. The demand for dysprosium oxide is driven by the demand for high-performance magnets and other products that use dysprosium, and it is influenced by economic conditions in the industries that use it.

 

How is dysprosium oxide produced

Dysprosium oxide (Dy2O3) is produced through a multi-step process that involves extracting dysprosium from its ores, purifying it, and then oxidizing it to form dysprosium oxide.

Extraction

Dysprosium oxide is not found naturally in its pure form and must be extracted from dysprosium-bearing minerals such as monazite, bastnaesite, and xenotime. The first step in the production process involves mining these minerals and then milling them to a fine powder. The dysprosium is then separated from the other elements present in the ore through a series of chemical separation processes, including solvent extraction and ion exchange.

Purification

The purified dysprosium is then further purified through a series of refining steps to remove any impurities or contaminants. This may involve processes such as distillation, electrolysis, or crystallization.

Oxidation

Once the dysprosium has been purified, it is then oxidized to form dysprosium oxide. This typically involves heating the dysprosium in the presence of oxygen, or by reacting it with a strong oxidizing agent such as peroxide or nitric acid. The resulting dysprosium oxide is then purified through further refining steps to remove any impurities or byproducts.

It is important to note that the production of dysprosium oxide involves the handling of hazardous chemicals and requires specialized equipment and trained personnel. It should be carried out in a well-ventilated area with appropriate safety measures in place.

 

What is dysprosium oxide used for

Dysprosium oxide (Dy2O3) is primarily used as an additive to improve the magnetic properties of other materials, particularly in the production of high-performance magnets. Dysprosium has a high magnetic moment, making it useful in a variety of applications where strong magnetic fields are required, such as in motors, generators, and MRI machines. Dysprosium oxide is also used as a catalyst in the production of other chemicals, and it is sometimes used as a dopant in the semiconductor industry.

Other potential uses of dysprosium oxide include its use as a neutron absorber in nuclear fuel rods and as a phosphor in fluorescent lamps. Dysprosium oxide is also being explored for use in solid-state lasers and as an additive in ceramics to improve their strength and durability.

 

What types of dysprosium oxide are there

There are several different types of dysprosium oxide (Dy2O3) available, depending on the purity and quality of the material. Some of the main types of dysprosium oxide include:

Technical grade dysprosium oxide

This is a lower purity form of dysprosium oxide that is primarily used as a starting material for the production of other dysprosium compounds or as an additive in the production of high-performance magnets. It may contain impurities and byproducts from the manufacturing process.

Pure dysprosium oxide

This is a higher purity form of dysprosium oxide that meets stringent purity standards and is suitable for use in applications that require high purity materials. It is often used as a dopant in the semiconductor industry or as a catalyst in the production of other chemicals.

Dysprosium oxide nanoparticles

These are very small particles of dysprosium oxide that are typically less than 100 nanometers in size. Dysprosium oxide nanoparticles have unique physical and chemical properties that make them useful in a variety of applications, including as catalysts, in solid-state lasers, and in the production of high-performance magnets.

The specific purity and quality standards of these different types of dysprosium oxide can vary depending on the manufacturer and the intended use of the material.

 

How big is the dysprosium oxide market

It is difficult to provide an accurate estimate of the size of the dysprosium oxide (Dy2O3) market, as data on its production and consumption is not readily available. The demand for dysprosium oxide is driven by the demand for high-performance magnets and other products that use dysprosium, and it is influenced by economic conditions in the industries that use it.

According to some estimates, global demand for dysprosium oxide was around 3,500 metric tons in 2020, with the Asia-Pacific region being the largest market for dysprosium oxide, followed by Europe and North America. China is the world’s largest producer and exporter of dysprosium oxide, followed by the United States and Russia. However, these estimates may vary significantly depending on the source and the methodology used to arrive at them.

 

Further information

 

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Notes on the price-data

  • We aim to update the data series on the 11th and 25th of each month (but we do not always make it for each chart)
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