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Rare earth market update on March 12, 2025 The overall situation of the domestic rare earth market remains relatively favorable, primarily reflected in the continued upward trend of prices for various rare earth raw materials, strong inquiry and procurement enthusiasm from downstream users, and a prevalent reluctance among suppliers to sell due to bullish expectations. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and gadolinium oxide have increased by approximately 2,000 yuan/ton, 1,000 yuan/ton, and 1,000 yuan/ton, respectively. Notably, in…

Rare earth market update on March 11, 2025 Domestic rare earth price is fluctuating within a reasonable range, influenced by factors such as tightening spot supply of raw materials, a slight increase in inquiries from downstream users, strong support from production costs, and promising development prospects for downstream rare earth industries. As a result, many suppliers have slightly raised their quotations. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and terbium oxide have increased by approximately 2,000 yuan/ton, 3,000 yuan/ton,…

Recently, according to a report from the Press Office of the Inner Mongolia Autonomous Region Government, in 2024, the region’s public welfare geological exploration efforts achieved significant results, playing a leading and exemplary role, while the commercial exploration market continued to heat up, with several mines realizing substantial increases in reserves. In 2024, Inner Mongolia made remarkable progress in increasing reserves of strategic mineral resources. Newly added resources included 52,400 tons of molybdenum, 591 million tons of iron ore, 80.6…

Recently, according to non-ferrous metals news, rare earths, as a critical component of non-ferrous metals, serve as a core material for transforming traditional industries, developing strategic emerging industries, and supporting the defense technology sector. However, how can the rare earth industry deeply integrate technological innovation with industrial innovation? Under the “dual carbon” goals, with increasingly stringent environmental policies, how should the rare earth industry strike a balance between resource development and ecological protection? Ao Hong, Vice President of the China…

Recently, Huahong Technology announced that its wholly-owned subsidiary, Xintai Technology, along with its subsidiaries Wanhong High-Tech and Jishui Jincheng, signed the 2025 Annual Cooperation Agreement for Praseodymium-Neodymium Product Procurement with Northern Rare Earth. This collaboration aims to secure a stable and sustainable supply of rare earth oxide products for Xintai Technology and its subsidiaries over the next 11 months, ensuring the operational stability and sustainability of Xintai Technology and its subsidiaries. It further highlights their industry position and comprehensive strength…

Rare earth market update on March 10, 2025 At the beginning of the week, domestic rare earth price fluctuated within a narrow range. Specifically, the prices of praseodymium-neodymium oxide, gadolinium oxide, and dysprosium oxide stabilized at approximately 442,000 yuan/ton, 165,000 yuan/ton, and 1,720,000 yuan/ton, respectively. On the positive side, several factors supported the market: first, the spot supply from rare earth mining companies remained tight; second, imports of rare earth minerals from Myanmar continued to be relatively limited; and third,…

Rare earth market update on March 7, 2025 This week, domestic rare earth price in China displayed a mixed pattern of gains and losses. With traders showing moderate enthusiasm for market operations, a strong wait-and-see sentiment prevailed, resulting in limited new orders. On the supply side, as the Spring Festival holiday has been over for some time, rare earth manufacturers have largely resumed normal production. Consequently, the spot supply of certain products like praseodymium-neodymium raw materials is relatively abundant, while…

Rare earth market update on March 6, 2025 Domestic rare earth price is generally fluctuating within a narrow range. Under the conditions of weak supply and demand, coupled with the absence of direct positive news in the market, traders are basically maintaining rigid transactions. Intense price negotiations have led to low actual transaction volumes and a lack of upward momentum in product prices. Today, the prices of praseodymium-neodymium oxide, gadolinium oxide, and dysprosium-iron alloy are stabilizing around 442,000 yuan/ton, 165,000…

Recently, Northern Rare Earth learned from its affiliate, Jinlong Rare Earth, that its shares will be listed and publicly traded on the National Equities Exchange and Quotations (NEEQ) starting February 28, 2025. Jinlong Rare Earth Co., Ltd. was established on March 3, 2000, with its joint-stock company formed on November 30, 2023, and a registered capital of 2.475 billion yuan. Xiamen Tungsten Co., Ltd. holds a 65.20% stake, making it the controlling shareholder, while the Fujian State-owned Assets Supervision and…

Rare earth market update on March 5, 2025 The overall center of gravity for domestic rare earth prices has slightly shifted downward, mainly due to the current high price levels of many rare earth products, strong profit-taking sentiment among suppliers, and weaker-than-expected downstream demand. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and dysprosium-iron alloy have dropped by approximately 3,000 yuan/ton, 5,000 yuan/ton, and 40,000 yuan/ton, respectively. Under these circumstances, the market trading atmosphere remains subdued, with a low number…