Commodity ratio · live

Iron Ore to Neodymium Ratio

The iron ore to neodymium ratio is 0.0001067 Iron Ore at $101.60 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Iron Ore to Neodymium ratio

0.0001067

1.000 T of iron ore = 0.0001067 T of neodymium

Inverse (NDYM/IORECR): 9375 — one Metric Ton of neodymium buys that much iron ore.

Iron Ore

$101.60

per Metric Ton

Neodymium

$952,500.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 11:23:49 GMT.

These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

Iron Ore to Neodymium ratio charts

Pick a range once — it applies to the IORECR/NDYM ratio line, the OHLC candles and the Iron Ore / Neodymium price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

IORECR/NDYM ratio line

How many T of Neodymium one T of Iron Ore buys, over 1Y.

No overlapping history for IORECR/NDYM over 1Y. Try a longer range.

IORECR/NDYM ratio candles

Open, high, low and close of the IORECR/NDYM ratio for each period in the last 1Y.

No overlapping history for IORECR/NDYM over 1Y. Try a longer range.

Iron Ore and Neodymium prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the iron ore to neodymium ratio

Iron Ore to Neodymium ratio = Iron Ore price per Metric Ton ÷ Neodymium price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of neodymium per Metric Ton of iron ore — rather than a plain count.

Worked example, live prices: $101.60 ÷ $952,500.00 = 0.0001067. The inverse is 9375.

Live prices behind the ratio

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6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the iron ore to neodymium ratio today?

The iron ore to neodymium ratio is 0.0001067 — Iron Ore at $101.60 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.

How do you calculate the iron ore to neodymium ratio?

Divide the iron ore price per Metric Ton by the neodymium price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of neodymium per Metric Ton of iron ore.

What is the inverse of the iron ore to neodymium ratio?

The inverse, neodymium to iron ore, is 9375 — how many Metric Tons of iron ore one Metric Ton of neodymium buys.

Iron Ore to Neodymium Ratio — 0.0001067 Today | CommodityPriceAPI