The average price of rare earth per ton is $235.00-465.00. Rare earth elements are a collection of 17 chemical elements present in the periodic table. Scandium and yttrium are rare earth elements and are found in the same ore deposits and possess same chemical properties. Ytterbite was the first rare earth mineral to be found on the earth. Rare earth elements are often found together. Electronic waste and other wastes have significant components of rare earth.