Rare earth · heavy

What is ytterbium? Uses, supply and price

Ytterbium (Yb, atomic number 70) is a heavy rare earth used in fibre lasers and as an additive in stainless steel, with a steady oxide price of $13 to $15 per kg since 2021. Among the 15 rare earths with a USGS price, ytterbium oxide ranks number 11 by 2025 average price.

USGS Mineral Commodity Summaries 2026 · reviewed 28 October 2026

Ytterbium key facts

Ytterbium key facts
FactValue
Symbol and atomic numberYb, 70
ClassYtterbium is a heavy rare earth
Oxide price, 2025$15 per kg, up 7% on 2024 ($14)
US import sources, 2021–24China 86%, Germany 4%, Chile 4%, South Korea 3%, other 3%
Chinese export licenceOctober 2025 package, suspended for one year
Main usesFibre lasers, stainless-steel additives

Ytterbium price: oxide, 2021 to 2025

Ytterbium oxide average price per kilogram, 2021 to 2025
Year20212022202320242025e
USD per kg1514131415

Oxide 99.99%. Source: USGS Mineral Commodity Summaries 2026 (Argus Media, Asian Metal), dollars per kilogram, FOB. Annual averages, not live prices. We have no supplier reference price for ytterbium metal; the weekly prices we track are on the rare earth prices page.

How ytterbium compares with the other rare earths

Rare earth oxide prices ranked, 2025 average
RankElement2025 oxide, USD/kg
1 Terbium 1,010
2 Lutetium 888
3 Scandium 640
4 Dysprosium 239
5 Praseodymium 74
6 Neodymium 73
7 Holmium 70
8 Erbium 46
9 Gadolinium 30
10 Europium 27
11 Ytterbium 15
12 Yttrium 9.00
13 Samarium 2.82
14 Cerium 1.71
15 Lanthanum 1.00

Forms and purities differ by element (oxide 99.5% to 99.99%; scandium is a range midpoint of the USGS lot-size average). Promethium and thulium have no USGS price.

Where ytterbium comes from

Supply

Ytterbium compounds and metals imported from Chile, Germany and South Korea were derived from concentrates and chemical intermediates produced elsewhere (USGS).

What ytterbium is used for

Main uses of ytterbium
End useDetail
Fibre lasersIndustrial cutting and welding
Stainless steelAdditive

Chinese export controls and policy

Licence status: October 2025 package (suspended).

Ytterbium was in the October 2025 Chinese package suspended for one year on 7 November 2025.

See the full export-control timeline, and rare earth stocks for listed companies.

Ytterbium: frequently asked questions

What is ytterbium?

Ytterbium (Yb) is a heavy rare earth used in fibre lasers and as an additive in stainless steel, with a steady oxide price of $13 to $15 per kg since 2021.

What is the price of ytterbium?

USGS gives a 2025 average of $15 per kg for ytterbium oxide at 99.99% purity.

Where does the US get ytterbium?

China supplied 86% of US ytterbium compounds and metals in 2021 to 2024.

Is there a ytterbium price chart or live price?

We show the USGS annual average for the oxide above. We do not have a supplier reference price for ytterbium metal. Prices we track weekly are on the rare earth prices page.

Related elements

Sources

  1. U.S. Geological Survey, Mineral Commodity Summaries 2026: Rare earths (heavy)

Information only, not investment advice. Reviewed 28 October 2026.