The Global Europium Oxide Market was valued at USD 1.54 Billion in 2024 and is projected to reach USD 2.68 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2024–2030). This robust growth is driven by the surging demand for red and blue phosphors in display technologies, the expanding use of europium in permanent magnets, and its critical role in nuclear control rods and other advanced applications.

As industries worldwide accelerate their adoption of energy-efficient lighting, high-definition screens, and cutting-edge electronics, the spotlight is on the key rare earth producers who control the global supply of this vital material. In this blog, we profile the Top 10 Companies in the Europium Oxide Industry—a strategic mix of integrated mining giants, specialized processors, and regional leaders shaping the future of high-purity rare earth supply chains.

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🔟 1. China Minmetals Rare Earth Co., Ltd.

Headquarters: Beijing, China
Key Offering: High-Purity Europium Oxide (3N to 5N)

China Minmetals Rare Earth is one of China’s state-owned leaders in the rare earth sector, formed through the consolidation of key rare earth enterprises. It controls significant mining and separation capacity, making it a dominant force in supplying europium oxide for global phosphor and ceramic markets.

Strategic Initiatives:

• Vertical integration from mining to high-purity oxide production

• Focus on sustainable mining practices and environmental compliance

• Expansion of value-added products like europium-based phosphors

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9️⃣ 2. Longyi Heavy Rare-Earth Co., Ltd.

Headquarters: Ganzhou, Jiangxi, China
Key Offering: Europium Oxide, Heavy Rare Earth Concentrates

Longyi Heavy Rare-Earth specializes in the processing of ion-adsorption clay deposits, which are particularly rich in heavy rare earth elements like europium. The company is a critical supplier for high-value applications requiring precise europium concentrations.

Strategic Initiatives:

• Specialization in heavy rare earth separation technologies

• Strategic partnerships with downstream magnet and phosphor manufacturers

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8️⃣ 3. Ganzhou Rare Earth Mineral Industry Co., Ltd.

Headquarters: Ganzhou, Jiangxi, China
Key Offering: Europium Oxide, Rare Earth Carbonates

As a key player in the ‘Rare Earth Kingdom’ of Jiangxi province, Ganzhou Rare Earth Mineral Industry has extensive expertise in the extraction and initial processing of europium-bearing ores. The company serves as a crucial link in the supply chain for global electronics manufacturers.

Strategic Initiatives:

• Investment in advanced solvent extraction technology

• Expansion of production capacity to meet growing demand

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7️⃣ 4. Ganzhou Qiandong Rare Earth Group Co., Ltd.

Headquarters: Ganzhou, Jiangxi, China
Key Offering: High-Purity Europium Oxide (4N, 4.5N)

Ganzhou Qiandong is renowned for its high-purity rare earth products, with europium oxide being a flagship offering. The company’s technical capabilities allow it to produce materials that meet the stringent specifications of the global lighting and display industries.

Strategic Initiatives:

• Focus on high-purity and specialty rare earth compounds

• R&D in europium applications for next-generation displays

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6️⃣ 5. Chenguang Rare Earth

Headquarters: Baotou, Inner Mongolia, China
Key Offering: Europium Oxide from Bastnasite Ores

Chenguang Rare Earth operates in the Baotou region, home to the world’s largest rare earth deposits from bastnasite ores. The company has developed specialized processes for efficiently extracting europium from these complex ore bodies.

Strategic Initiatives:

• Integration with Baotou Steel’s mining operations

• Development of environmentally friendly extraction processes

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5️⃣ 6. Jiangyin Jiahua Advanced Material Resources Co., Ltd.

Headquarters: Jiangyin, Jiangsu, China
Key Offering: Ultra-High Purity Europium Oxide (5N+)

Jiangyin Jiahua focuses on the high-end segment of the market, producing ultra-high purity europium oxide for research institutions and specialty applications. The company’s capabilities in purification set it apart in serving niche, high-value markets.

Strategic Initiatives:

• Specialization in ultra-high purity materials for R&D and specialty uses

• Collaborations with academic and research institutions

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4️⃣ 7. Lynas Rare Earths Ltd.

Headquarters: Sydney, Australia
Key Offering: Europium Oxide, Mixed Rare Earth Carbonate

Lynas is the largest rare earth producer outside of China, operating the Mount Weld mine in Australia and a separation facility in Malaysia. While its primary focus is on neodymium and praseodymium, it is a significant supplier of europium oxide to Western markets.

Strategic Initiatives:

• Strategic importance as a non-Chinese rare earth supplier

• US Department of Defense funding for heavy rare earth separation facility in Texas

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3️⃣ 8. Alkane Resources Ltd.

Headquarters: Sydney, Australia
Key Offering: Europium Oxide, Zirconium, Hafnium

Through its Dubbo Project in New South Wales, Alkane Resources is developing a significant source of zirconium, hafnium, niobium, and rare earths, including europium. The project represents a potential long-term, multi-product source of critical materials.

Strategic Initiatives:

• Development of the Toongi deposit (Dubbo Project)

• Focus on producing critical minerals for technology and defense sectors

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2️⃣ 9. MP Materials

Headquarters: Las Vegas, Nevada, USA
Key Offering: Rare Earth Concentrates, Planned Oxide Production

MP Materials owns and operates the Mountain Pass rare earth mine in California, the only active rare earth mining and processing site in the United States. The company is scaling up its separation capabilities, positioning itself to become a major Western supplier of europium oxide.

Strategic Initiatives:

• Restoring the full rare earth supply chain in the United States

• Partnership with Sumitomo Corporation of Japan

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1️⃣ 10. Indian Rare Earths Limited (IREL)

Headquarters: Mumbai, India
Key Offering: Rare Earth Chlorides, Oxides

As a government-owned enterprise under the Department of Atomic Energy, IREL is India’s primary producer of rare earths. The company extracts rare earths from beach sand minerals and is expanding its capabilities to serve both domestic and international markets.

Strategic Initiatives:

• Modernization and expansion of Orissa Sands Complex (OSCOM)

• Strategic focus on reducing import dependence for critical minerals

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Europium Oxide Market – View in Detailed Research Report

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🌍 Outlook: The Future of Europium Oxide Is High-Tech and Strategic

The europium oxide market is undergoing a significant transformation. While traditional phosphor applications continue to drive volume, new high-growth sectors are emerging, creating both opportunities and supply chain challenges. The strategic importance of europium is increasingly recognized by governments worldwide, leading to initiatives aimed at securing stable, diversified supplies.

📈 Key Trends Shaping the Market:

• Accelerating demand for europium in permanent magnets for electric vehicles and wind turbines

• Development of next-generation display technologies requiring advanced europium-based phosphors

• Geopolitical shifts driving supply chain diversification outside of China

• Increasing focus on recycling and circular economy approaches for rare earth elements

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Europium Oxide Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial material—they’re enabling the technological advancements that define modern life, from vibrant displays to clean energy solutions.