Rare Earth News

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Lynas’ First Heavy Rare Earth Oxide Product: Dysprosium Oxide 5

On May 16, 2025, Australian company Lynas announced that its new production line in Malaysia successfully produced dysprosium oxide, marking its first heavy rare earth oxide product. The successful mass production of dysprosium oxide represents a critical step forward in Lynas’ rare earth supply chain development, significantly enhancing its supply chain resilience and opening a new overseas supply pathway for the global rare earth market. Notably, the raw material for this batch of dysprosium oxide comes from the Mt Weld…

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Lynas First Produces Terbium Oxide 4

On June 18, 2025, Lynas, an Australian company, announced that its advanced materials plant in Malaysia successfully achieved the first mass production of terbium oxide. This marks the company’s second heavy rare earth oxide product following the initial production of dysprosium oxide in May 2025. Amid China’s rare earth export controls and high overseas rare earth prices, this milestone by Lynas—the world’s largest rare earth company outside China—holds significant importance. It can help alleviate the urgent demand for rare earth…

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Rare Earth Market – June 20, 2025 9

Rare earth market update on June 20, 2025 This week, the domestic rare earth market exhibited a pattern of both rising and falling prices. Early in the week, limited downstream inquiries and relatively ample spot supplies for some products led many suppliers to slightly lower their quotes. However, nearing the weekend, bolstered by stronger production cost support and increased low-price procurement enthusiasm from downstream users, prices for certain products saw an uptick. According to CTIA GROUP LTD, this week, praseodymium-neodymium…

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Rare Earth Market – June 19, 2025 20

Rare earth market update on June 19, 2025 The domestic rare earth market continues to operate in a weak trend, with mainstream product prices experiencing varying degrees of decline, such as praseodymium-neodymium oxide dropping by approximately 2,000 yuan/ton, praseodymium-neodymium metal by about 5,000 yuan/ton, and terbium oxide by around 10 yuan/kg. Recently, with falling raw material prices, neodymium-iron-boron blank prices have also decreased. However, due to significant support from production costs and limited supply increases for some products, holders have…

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Rare Earth Market – June 18, 2025 15

Rare earth market update on June 18, 2025 The domestic rare earth market is operating steadily, with a balanced supply-demand dynamic fostering a subdued trading atmosphere between buyers and sellers. Most rare earth product prices remain stable, while new order volumes are limited. On the supply side, multiple factors contribute to sluggish market growth. First, stringent environmental regulations persist, coupled with low rare earth prices and subdued downstream inquiry enthusiasm, prompting some producers to slow capacity releases. Second, tight overseas…

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China Successfully Produces Yttrium-90 Using a Commercial Nuclear Reactor 21

On June 14, China National Nuclear Corporation (CNNC) Qinshan Nuclear Power Plant achieved another breakthrough: Yttrium-90 (Y-90) glass microspheres irradiated in a heavy water reactor were successfully removed and passed all relevant inspections. This milestone marks China’s elimination of its previous heavy reliance on imported Y-90 microspheres and establishes the nation as one of the few in the world capable of producing this cutting-edge medical product using a commercial nuclear reactor. Y-90 microspheres are primarily produced from Yttrium-89 (Y-89), which…

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Rare Earth Market – June 17, 2025 16

Rare earth market update on June 17, 2025 The domestic rare earth market has remained in a sideways trend overall, with low trading activity and no significant price fluctuations due to traders largely maintaining rigid, demand-driven transactions. As of today, the prices of neodymium oxide, erbium oxide, and holmium oxide are approximately RMB 450,000/ton, RMB 305,000/ton, and RMB 520,000/ton, respectively. On the positive side, two key factors are supporting the market. First, production costs remain high, overseas rare earth prices…

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The Rare Earth Permanent Magnet Sector Performed Strongly 19

The first U.S.-China economic and trade consultation mechanism meeting was held in London on June 9-10, 2025. Reports indicate that both sides reached a framework agreement in principle to implement the consensus from the June 5 leaders’ call and the Geneva talks. The U.S. Commerce Secretary stated that the trade framework and implementation plan with China should resolve restrictions on rare earths and magnetic materials. In the context of the meeting’s focus on rare earths and technology exports, the rare…

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Rare Earth Market – June 16, 2025 38

Rare earth market update on June 16, 2025 At the beginning of the week, the domestic rare earth market exhibited a weak trend, with limited supplier price concessions and lackluster downstream demand growth leading to a subdued trading atmosphere. Some product prices saw a slight downward shift, and market participants expressed cautious confidence in future prospects. Today, praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices dropped by approximately 2,000 yuan/ton, 50 yuan/kg, and 20,000 yuan/ton, respectively. However, bolstered by robust…

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Rare Earth Market – June 13, 2025 141

Rare earth market update on June 13, 2025 The domestic rare earth market is experiencing poor conditions, with most product prices continuing to decline. Praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices have decreased by approximately 3,000 yuan/ton, 50 yuan/kg, and 10,000 yuan/ton, respectively. This is primarily due to prolonged weak downstream demand and an increase in spot market inventory. However, influenced by strong production cost support, high overseas rare earth prices, and the expanding applications of rare earths, suppliers…

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