A method is described to produce high purity rare earth oxides of the elements La, Ce, Tb, Eu and Y from phosphor, such as waste phosphor powders originating in various consumer products. One approach involves leaching the powder in two stages and converting to two groups of relatively high purity mixed rare earth oxides. The first group containing Eu and Y is initially separated by solvent extraction. Once separated, Eu is purified using Zn reduction with custom apparatus. Y is purified by running another solvent extraction process using tricaprylmethylammonium chloride. Ce is separated from the second group of oxides, containing La, Ce and Tb by using solvent extraction. Subsequently, La and Tb are separated from each other and converted to pure oxides by using solvent extraction processes. A one-stage leaching process, wherein all rare earths get leached into the solution and subsequently processed, is also described.