The aim of this study is two-fold. First, to offer a historical perspective of the REE market by constructing and analyzing time series of consumption, production, and oxide/metal prices. Such series are mostly non-existent (e.g., consumption) or scattered across different sources (e.g., prices). Second, to provide a financial perspective of the REE market by gauging the market capitalization and systematic risk of leading companies involved in exploration, production and processing of REEs worldwide; and, by measuring co-movement of REE prices and commodity indices. We contribute to the existing literature by providing a thorough overview of the REE market.