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Rare earth market update on February 27, 2025 Domestic rare earth prices fluctuate in a narrow range. With the supply and demand relationship relatively balanced and no major news released in the market, the negotiation atmosphere between buyers and sellers is slightly stalemated, resulting in a weak trading atmosphere and slow order growth. Today, the prices of praseodymium-neodymium metal, terbium oxide and dysprosium-iron alloy are about 553,000 yuan/ton, 6,300 yuan/kg and 1,710,000 yuan/ton respectively. According to China Tungsten Online, the…

Rare earth market update on February 26, 2025 The domestic rare earth market, on the whole, shows a scenario of a price-driven but market-sluggish situation. Today, the prices of several products keep rising. Specifically, the price of praseodymium-neodymium oxide has increased by another 1,000 yuan per ton, the price of terbium oxide has gone up by another 20 yuan per kilogram, and the price of dysprosium oxide has risen by another 20,000 yuan per ton. According to China Tungsten Online,…

Rare earth market update on February 25, 2025 The overall center of gravity of domestic rare earth prices has moved up again, among which the price of praseodymium oxide has increased by about 4,000 yuan/ton, the price of praseodymium-neodymium oxide has increased by about 8,000 yuan/ton, the price of erbium oxide has increased by about 2,000 yuan/ton, and the price of terbium oxide has increased by about 50 yuan/kg. From the supply side, affected by factors such as stricter environmental…

According to data from the United States Geological Survey (USGS), in 2024, the United States’ rare earth concentrate production is expected to be 45,000 tons, an increase of about 8.17% year-on-year; the production of rare earth compounds and metals is expected to be 1,300 tons, an increase of about 420% year-on-year; the import volume of rare earth compounds is expected to be 8,000 tons, a decrease of about 10.31% year-on-year; the import volume of ferrocerium and alloys is expected to…

Rare earth market update on February 24, 2025 At the beginning of the week, the overall center of gravity of domestic rare earth prices moved downward, mainly due to the significant increase in the price of rare earth products near the weekend last week, while downstream demand followed up slowly, which led to a rational reduction in suppliers’ quotations. Today, the price of praseodymium oxide dropped by about 5,000 yuan/ton, the price of praseodymium-neodymium oxide dropped by about 3,000 yuan/ton,…

Recently, the Baotou Industry and Information Technology Bureau reported that in 2024, the added value of Baotou’s industrial enterprises above designated size increased by 14.3% year-on-year, surpassing the national average (5.8%) by 8.5 percentage points and the regional average (6.8%) by 7.5 percentage points. This marks 52 consecutive months of double-digit growth. In 2024, the rare earth, crystalline silicon photovoltaic, steel, and aluminum industries will serve as the “four pillars” of Baotou’s industrial sector, with their output values each exceeding…

Rare earth market update on February 21, 2025 This week, the domestic rare earth market exhibited a pattern of initial decline followed by a rebound. At the beginning of the week, influenced by the significant price increases from the previous week, the persistently high rare earth prices, and limited downstream inquiries, suppliers rationally lowered their quotations. However, towards the weekend, the Ministry of Industry and Information Technology (MIIT) released draft regulations for public consultation on rare earth production quotas and…

Recently, the United States Geological Survey (USGS) released the global rare earth production and reserves in 2024, as well as the situation of the rare earth industry in the United States. The following is the relevant content compiled by China Tungsten Online. Global rare earth reserves and production In 2024, the global rare earth reserves will be about 90 million tons, a year-on-year decrease of 18.18%. Among them, China has the highest rare earth reserves of 44 million tons, accounting…

According to China Tungsten Online, in order to implement the “Rare Earth Management Regulations”, effectively protect and rationally develop and utilize rare earth resources, maintain ecological security, and promote the high-quality development of the rare earth industry, the Raw Materials Industry Department of the Ministry of Industry and Information Technology has drafted the “Measures for the Total Control of Rare Earth Mining and Rare Earth Smelting and Separation (Interim) (Draft for Public Comments)” and “Measures for the Information Traceability of…

Rare earth market update on February 20, 2025 There is no significant change in the overall center of gravity of domestic rare earth prices. Under the interweaving of long and short factors, the atmosphere of traders’ negotiations is slightly stalemate, so the market trading atmosphere is relatively weak and the transaction volume is relatively small. At present, the industry focuses on the downstream demand. Today, the prices of praseodymium-neodymium oxide, terbium oxide and holmium oxide are about 435,000 yuan/ton, 6,100…