praseodymium

noun

Etymology: From Ancient Greek πράσιος (prásios, “leek-green”) + didymium.

1. A chemical element (symbol Pr) with an atomic number of 59, a soft, silvery, malleable and ductile rare earth metal, valued for its magnetic, electrical, chemical, and optical properties.

   “But the government also gave MP Materials a decade-long guaranteed price floor for its products, such as the rare earths neodymium-praseodymium, at twice recent market rates (leaving aside the fact prices have soared this week as MP Materials has cut ties with China).”