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Thulium

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One of the scarcest rare-earth metals, used mainly to make an X-ray-emitting isotope for portable X-ray devices and as a dopant in surgical lasers. China added thulium to its export controls in October 2025, but suspended that measure until November 2026.

Supply risk

Reviewed 11 Oct 2026 · Methodology

High

China supplies nearly all thulium; its 2025 export controls are suspended

Supply concentration (critical) sets the level: China processed 100% of world thulium in the EU's 2023 assessment. China's October 2025 thulium export controls were suspended before they applied, so export controls (elevated) add snap-back risk rather than a current restriction.

Since 1 Jan 2023 · Sources: European Commission, DG GROW, CIRS Group

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Risk drivers

Supply concentrationCritical
China processed 100% of world thulium and supplied all EU thulium in the EU's 2023 assessment. Heavy rare earths such as thulium come mainly from ion-adsorption clays; USGS does not report thulium output by country.Sources: European Commission, DG GROW, U.S. Geological Survey
Export controlsElevated
MOFCOM Announcement No. 57 (9 Oct 2025) added thulium metals, alloys, oxides, compounds and products to China's export controls from 8 Nov 2025. Announcement No. 70 suspended it from 7 Nov 2025 until 10 Nov 2026, before it applied; MOFCOM said on 28 Sep 2026 that the Kuala Lumpur arrangement behind it is extended to 10 Jan 2027 (no amending announcement yet).Sources: CIRS Group, Ministry of Commerce of the People's Republic of China
Policy & tariffsModerate
On 14 Jan 2026 Proclamation 11001 closed the US Section 232 review of processed critical minerals without a tariff and opened 180 days of negotiations, leaving further measures possible. No sanctions or duties specific to thulium were identified.Source: Thompson Hine
Operational disruptionModerate
Ion-adsorption clays in Myanmar's Kachin State supply roughly half of world heavy rare earths. In May 2026 Reuters reported a renewed military offensive to retake the Kachin rare-earth belt from the KIA; no loss of output was documented.Source: Reuters via Asia News Network
Demand shockLow
Demand is small and specialised, mainly portable X-ray sources and surgical lasers. No demand-driven shortage of thulium was reported in the 12 months to October 2026.

A supply-availability rating, not a price forecast or investment view. Export-control information is factual and is not legal advice.

Trade flows

2024 · HS 280530, 284690

CombinedRare-earth metals and compounds, combined (excluding cerium compounds)

Recorded world imports: 156,822 t · $2.6B

Top exporters

  1. Myanmar28%44,366 t · $818M
  2. China20%31,868 t · $413M
  3. Australia20%31,232 t · $128M
  4. Malaysia10%15,216 t · $278M
  5. Laos7%10,748 t · $260M
  6. Vietnam4%6,616 t · $215M
  7. Japan2%3,538 t · $99.8M
  8. United States1%1,634 t · $52.5M
  9. Austria<1%1,412 t · $20M
  10. Poland<1%1,186 t · $4.42M

Top importers

  1. China48%74,581 t · $1.4B
  2. Malaysia20%31,428 t · $133M
  3. Japan9%14,763 t · $396M
  4. United States6%10,115 t · $156M
  5. Philippines4%6,981 t · $64.9M
  6. Germany3%5,054 t · $71.9M
  7. Taiwan (Other Asia, nes)2%2,431 t · $23.4M
  8. South Korea1%1,677 t · $72.8M
  9. Thailand<1%1,424 t · $79M
  10. India<1%1,375 t · $10.6M

Largest routes

  1. Myanmar→China44,366 t · $818M
  2. Australia→Malaysia31,210 t · $128M
  3. Malaysia→China14,009 t · $206M
  4. China→Japan11,186 t · $186M
  5. Laos→China10,748 t · $260M

Source: UN Comtrade, imports reported by 113 countries for 2024. Exporters are ranked by what importing countries recorded (mirror data), so countries that do not report their own exports are still counted. Values are in US dollars including freight and insurance. Weights are product weight. Recent years can be incomplete, and unrecorded trade is not included.

Overview

Thulium is element 69, a metal.1 It is among the least abundant , with an average crustal concentration of about 0.52 parts per million; for comparison, silver averages 0.075 ppm.2

Thulium's markets are small and specialized. Irradiated thulium is a compact X-ray source for portable medical and dental equipment, and thulium-doped crystals are used in surgical lasers.13 Thulium is on the US 2025 List of and is covered by the heavy rare earths entry on the EU list.45

Where it comes from

Thulium is found principally in monazite, which contains about 20 parts per million of it. It is separated from the other rare earths by ion exchange and solvent extraction, and the metal is made by reducing the anhydrous fluoride with calcium or the with lanthanum.1 The US government records thulium as a potential or of other rare earths, iron and heavy .4

Heavy rare earths such as thulium are generally scarcer than the but are elevated in some ores, including ion-adsorption clays.3 Ion-adsorption clay deposits in southern China have been the world's primary source of heavy rare earths.2

The (USGS) does not report thulium production. For all rare earths together, world was an estimated 390,000 t of rare-earth oxide (REO) in 2025, of which China produced about 270,000 t.6 The chart covers all rare earths, not thulium alone.

Rare-earth mine production by country (all rare earths, REO equivalent)2025 (est.) · world 390,000 t
  • China69%
  • United States13%
  • Australia7%
  • Burma6%
  • Thailand1%
  • India<1%
  • Madagascar<1%
  • Russia<1%
  • Other countries1%

Covers all rare earths combined, in rare-earth-oxide terms; USGS does not publish thulium output by country. World total is the USGS rounded figure; country figures sum to 389,310 t. USGS estimated Burma, Thailand and Madagascar from Chinese import data. Source: Mineral Commodity Summaries 2026: Rare Earths

What it is used for

  • Portable X-ray sources. When thulium is irradiated in a nuclear reactor it forms an that emits X-rays, used in portable X-ray devices for medicine and dentistry.1 USGS lists portable X-rays among the uses of heavy rare earths.3
  • Lasers. Thulium is used as a in yttrium aluminum garnet (YAG) crystals for lasers with surgical applications.1 Industrial and medical lasers are a recognized of the heavy rare earths as a group.3

USGS does not publish separate consumption figures for thulium.3

Grades and forms

Thulium is recovered from the other rare earths as a separated compound such as the oxide, which can be reduced to metal with lanthanum.1 China's October 2025 controls covered thulium metals, , oxides, compounds, mixtures and products containing it.7

Thulium oxide (Tm₂O₃)

The usual separated product, used as feed for metal, isotope targets and laser materials.

Thulium metal

Made by reducing anhydrous thulium fluoride with calcium, or thulium oxide with lanthanum.

Irradiated thulium X-ray sources

Thulium irradiated in a nuclear reactor, used as the X-ray source in portable medical and dental devices.

Thulium-doped laser crystals

Yttrium aluminum garnet (YAG) crystals doped with thulium, used in surgical lasers.

Trade and policy

The United States relied on imports for all of its heavy-rare-earth compounds and metals in 2025. A significant amount of imported heavy rare earths arrives embedded in finished goods.3

Thulium was not among the seven elements in China's April 2025 rare-earth , but was added later in the year:

DateEvent
9 Oct 2025China's Ministry of Commerce (MOFCOM) and customs authority issue Announcement No. 57 of 2025, extending export controls to holmium, erbium, thulium, europium and ytterbium, at various stages of processing and in mixtures, materials and magnets.78
7 Nov 2025MOFCOM Announcement No. 70 suspends Announcement No. 57 and five other October 2025 announcements, effective immediately, until 10 November 2026.8

While the suspension applies, exports of thulium products are not bound by the specific provisions of Announcement No. 57.8 USGS likewise reports that China suspended the October measures for one year.3

This section is factual background, not legal or trade-compliance advice.

Recycling and substitution

Only small quantities of heavy rare earths are , mainly from .3 exist for some heavy-rare-earth applications but are generally less effective, and light rare earths can replace heavy ones in several uses.3

Sources

  1. Thulium: element information, properties and uses. Royal Society of Chemistry, accessed 2026-10-03. ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  2. The Rare-Earth Elements: Vital to Modern Technologies and Lifestyles (Fact Sheet 2014–3078). U.S. Geological Survey, accessed 2026-10-03. ↩ ↩2

  3. Mineral Commodity Summaries 2026: Rare Earths (Heavy). U.S. Geological Survey, accessed 2026-10-03. ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9

  4. Final 2025 List of Critical Minerals. Federal Register, accessed 2026-10-03. ↩ ↩2

  5. Regulation (EU) 2024/1252 (Critical Raw Materials Act). EUR-Lex, accessed 2026-10-03. ↩

  6. Mineral Commodity Summaries 2026: Rare Earths. U.S. Geological Survey, accessed 2026-10-03. ↩

  7. China Suspends Export Controls on Certain Critical Minerals-Related Items. Pillsbury Winthrop Shaw Pittman, accessed 2026-10-03. ↩ ↩2

  8. China Temporarily Suspends Export Controls on Key Raw Materials Including Rare Earths, Lithium Batteries, and Diamond. CIRS Group, accessed 2026-10-03. ↩ ↩2 ↩3

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