Terbium oxide price October 2024 and outlook (see chart below)

  • Northeast Asia:US$933.4/KG, 4.8% up

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Terbium oxide price index

This post is a summary of the Terbium oxide price developments. The price developments of Terbium oxide are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Terbium oxide price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for Terbium oxide prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of Terbium oxide prices
  • Recent price developments of underlying feedstocks which drive the price of Terbium oxide
  • Market futures for both cost drives and feedstocks of Terbium oxide prices
  • Adjustment of current supply/demand imbalances in the Terbium oxide market
  • Longer term trends in likely demand conditions

Further information on the Terbium oxide price index

 

What is Terbium oxide

Terbium oxide, also known as terbia, is a chemical compound with the chemical formula Tb4O7. It is one of the compounds of the rare earth element terbium (Tb). Terbium oxide is a dark brownish-black to black solid at room temperature. It is part of the family of rare earth oxides, which includes compounds of the lanthanide series elements.

Terbium oxide has several notable properties and applications, including:

Phosphors

Terbium oxide is widely used in the production of green phosphors for various applications, such as color television tubes, fluorescent lamps, and LED lighting. These phosphors emit green light when they are exposed to certain types of radiation, and terbium is responsible for the characteristic green color.

Magneto-Optical Materials

Terbium oxide is utilized in magneto-optical materials and devices. It exhibits strong magnetic properties and is used in magneto-optical recording media, which are used for data storage applications.

Electronic Components

Terbium oxide is used in some electronic components and devices, particularly in applications that require high-temperature stability and certain electrical or magnetic properties.

Other Applications

Terbium oxide may also have applications in nuclear technology, sensors, and as a dopant in various materials for specialized purposes.

The unique optical and magnetic properties of terbium oxide make it valuable in these specific applications. It is one of the many compounds derived from the rare earth element terbium and plays a crucial role in various technologies and industries

 

How is Terbium oxide produced

Terbium oxide (Tb4O7) is typically produced through a multi-step process that involves mining, mineral processing, chemical extraction, and purification. The production process may vary depending on the specific ore source and the desired purity of the final terbium oxide product. Here’s a general overview of how terbium oxide is produced:

Mining

Terbium oxide is typically obtained from rare earth mineral deposits that contain terbium. Monazite, bastnäsite, and xenotime are among the primary sources of terbium.

Crushing and Grinding

The mined ore is initially crushed and ground into a fine powder to facilitate further processing.

Beneficiation

The powdered ore undergoes beneficiation processes, such as flotation, to separate the valuable rare earth minerals (including terbium) from the gangue materials (unwanted minerals and rock).

Chemical Processing

After separation from the gangue, chemical processes are used to extract terbium from the ore. This typically involves acid leaching, where the ore is treated with acids, such as sulfuric acid, to dissolve the terbium and other rare earth elements.

Precipitation and Separation

The dissolved rare earth elements are precipitated from the solution through chemical reactions or pH adjustments. The resulting precipitate contains a mixture of rare earth elements.

Separation of Terbium

Separation processes, such as solvent extraction or ion exchange, are employed to separate terbium from the other rare earth elements in the precipitate.

Reduction

The separated terbium compound is reduced using high-temperature processes to produce metallic terbium. This may involve reactions with calcium or other reducing agents.

Refining

The metallic terbium undergoes further refining processes to remove impurities and obtain high-purity terbium.

Oxidation

The purified terbium metal is oxidized to produce terbium oxide (Tb4O7). This is typically achieved through controlled oxidation processes in the presence of oxygen or other oxidizing agents.

Packaging and Storage

The final terbium oxide product is cooled, crushed, and packaged for commercial use. It is often shipped in the form of a fine powder or as pressed pellets.

The production of terbium oxide is a complex and resource-intensive process due to the relatively low natural abundance of rare earth minerals and the need to extract and refine them to obtain pure terbium oxide. The availability and cost of terbium can be influenced by factors such as geopolitical considerations, environmental regulations, and market demand for rare earth elements.

 

What is Terbium oxide used for

Terbium oxide (Tb4O7) has several important applications in various industries, thanks to its unique properties. Some of the common uses of terbium oxide include:

Phosphors

Terbium oxide is a key component in the production of green phosphors. These phosphors are used in various applications, including cathode ray tubes (CRTs), fluorescent lamps, and LED lighting. Terbium is responsible for the characteristic green emission in these devices.

Magneto-Optical Devices

Terbium oxide is utilized in magneto-optical materials and devices. It exhibits strong magnetic properties, such as high magnetic susceptibility, making it valuable for magneto-optical applications. This includes magneto-optical recording media, used for data storage.

Electronic Components

In some electronic devices and components, terbium oxide is used for specialized applications that require high-temperature stability and certain electrical or magnetic properties.

Nuclear Technology

Terbium compounds, including terbium oxide, are used in some nuclear technologies, such as in control rods and neutron detectors.

Sensors

Terbium oxide can be employed in sensors and detectors due to its unique optical and magnetic properties.

Specialty Glass

In some specialized glass formulations, terbium oxide may be used to achieve specific optical and color properties.

The unique optical and magnetic characteristics of terbium oxide, particularly its role in green light emission, make it valuable in the production of various display and lighting technologies. Additionally, its strong magnetic properties have applications in magneto-optical devices and data storage.

It’s important to note that terbium is one of the less common rare earth elements, and its compounds, like terbium oxide, are used in specific, high-tech applications where its properties are particularly beneficial

 

How big is the global Terbium oxide market

The main rare earth elements ranked in decreasing order of market size are:

Neodymium (Nd): Neodymium is often ranked as one of the most valuable rare earth elements due to its crucial role in the production of high-strength permanent magnets used in a wide range of applications, including electric vehicle motors and wind turbines.

Cerium (Ce): Cerium is among the most abundant rare earth elements and is used in various industrial applications, such as catalysts, glass polishing, and metallurgy.

Lanthanum (La): Lanthanum is used in catalysts, ceramics, optics, and as a component in certain types of batteries and fuel cells.

Dysprosium (Dy): Dysprosium is used to improve the high-temperature performance of neodymium-iron-boron magnets. It is essential for the growth of the clean energy and electric vehicle markets.

Praseodymium (Pr): Praseodymium is used in combination with neodymium to produce high-strength magnets. It is vital in the manufacture of electric vehicle motors and wind turbines.

Europium (Eu): Europium is primarily used in phosphors for color television tubes, LED lighting, and other display technologies.

Terbium (Tb): Terbium is used in phosphors for color television tubes, fluorescent lamps, and as an activator for green phosphors.

Yttrium (Y): Yttrium is not a lanthanide, but it is often grouped with rare earth elements. It is used in a variety of applications, including ceramics, superconductors, and phosphors.

It’s important to note that market rankings may change over time as new technologies and applications emerge and as supply and demand conditions evolve. The demand for rare earth elements is influenced by various industries, including electronics, automotive, renewable energy, and more. For the most current market information and rankings, it’s advisable to consult industry reports and market analysis from reputable sources

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