This chapter discusses the ecological and physiological impacts of lanthanides on algae as primary producers in aquatic environments. Although lanthanides are nonessential elements for living organisms, their bioaccumulation is a common phenomenon. Here, we critically review the ecological effects of increasing levels of lanthanides directly reaching water systems through mining, application of fertilizers, and the production of advanced technologies. We describe interactions between lanthanides and algae, with a particular focus on various applications including fertilizers, tracers, bioindicators, bioremediation, and recycling. We examine the stimulatory effects of low levels of lanthanides versus their toxicity at higher levels and discuss mechanisms by which they may affect the algal cell. This chapter highlights the importance of a better understanding of the biological roles of lanthanides.