Samarium cobalt magnets are a type of rare earth magnet, same to neodymium magnets, but their compositions differ. The primary components of samarium cobalt magnets are metallic samarium and metallic cobalt, and their price fluctuations directly impact the cost of the magnets.
As these metals are rare specialty metals, their prices fluctuate significantly and are typically quoted in kilograms rather than tons. The following prices serve as a general reference range (actual prices should be checked against the daily market rate).
Disc shaped samarium cobalt rare earth magnets, one of the most common shapes.

Metal cobalt is a strategic metal with relatively greater price fluctuations. In the international commodity market, the price of cobalt has been reported to be $33335 per ton. In the domestic non-ferrous metal market, the market price of high-purity cobalt (≥ 99.8%) listed by the "Cobalt Industry Network" as of September 25, 2025 is approximately 297750 RMB/ton.
The price of Samarium-Cobalt 30H grade on September 25 was 230,000 RMB per ton, equivalent to 230 RMB per kilogram.
The above covers pricing information for samarium-cobalt magnet materials. Our company can process various standard or custom-shaped samarium-cobalt magnets. Please provide dimensions, quantities, and destination country for a price quote.
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