Rare Earth News

Tungsten News
Rare Earth Magnetic Materials Output in Baotou City Increased by More Than 66% in January-February 2025 42

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Baotou City grew by 16.0% year-on-year, an acceleration of 1.7 percentage points compared to the full year of the previous year. This growth rate exceeded the national average (5.9%) by 10.1 percentage points and the Inner Mongolia regional average (5.8%) by 10.2 percentage points, marking 54 consecutive months of double-digit growth. From January to February, among Baotou City’s six…

Tungsten News
Inner Mongolia’s Rare Earth Compound Output Increased by More Than 9% in January-February 2025 34

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Inner Mongolia grew by 5.8% year-on-year. By major industry categories, the mining sector saw a 2.5% increase in added value, manufacturing grew by 10.3%, and the production and supply of electricity, heat, gas, and water rose by 7.1%. In terms of specific products, raw coal output reached 207 million tons, up 2.0%; power generation totaled 135.98 billion kilowatt-hours, up…

Tungsten News
China’s First Set of “Rare Earth Magnetic Overrunning Clutch” Put into Production 31

Recently, an enterprise in Baotou City achieved large-scale production with its “Rare Earth Magnetic Overtaking Clutch First-Unit Industrialization Project.” Leveraging an advanced structural design, this project has increased the average service life of overtaking clutches in planetary gearboxes of domestic loaders by more than 2,000 hours. The product’s low cost and extended lifespan have disrupted the long-standing monopoly of imported fixed-shaft gearboxes from abroad. According to CTIA GROUP LTD, the rare earth magnetic overtaking clutch is an innovative self-regulating clutch…

Tungsten News
Rare Earth Market Update – March 20, 2025 46

Rare earth market update on March 20, 2025 The domestic rare earth market has generally maintained stable operation. On one hand, downstream users show low buying interest, and market demand lacks momentum; on the other hand, the positive supporting factors from earlier periods are gradually fading. Under the combined influence of these two factors, many suppliers lack confidence in raising prices, and the number of new orders remains limited. Today, the prices of praseodymium-neodymium oxide, terbium oxide, and erbium oxide…

Tungsten News
Rare Earth Market Update – March 19, 2025 49

Rare earth market update on March 19, 2025 The domestic rare earth market has generally maintained stable operations, primarily reflected in traders sticking to rigid transactions, with product price showing no significant changes. Industry participants exhibit moderate confidence in the market outlook and are mostly adopting a wait-and-see approach. On the supply side, due to relatively high energy prices and increasingly stringent environmental policies, the capacity release pace of rare earth mining companies remains moderate. Additionally, difficulties in importing ore…

Tungsten News
Rare Earth Market Update – March 18, 2025 43

Rare earth market update on March 18, 2025 The domestic rare earth market has maintained an overall stable operating trend. The interplay of bullish and bearish factors has made it difficult for buyers and sellers to reach a high degree of consensus during negotiations, resulting in product prices lacking momentum for significant increases while also being resistant to substantial declines. At the same time, order growth has been relatively slow. From the perspective of positive factors: First, downstream manufacturing enterprises…

Tungsten News
Rare Earth Market Update – March 17, 2025 48

Rare earth market update on March 17, 2025 At the beginning of the week, the domestic rare earth market in China maintained a stable trend overall. With downstream users generally sticking to just-in-time procurement and the growth rate of spot supply in the market remaining moderate, product prices showed no significant changes. Among them, the prices of praseodymium oxide, terbium oxide, and dysprosium oxide stabilized at approximately 464,000 yuan/ton, 6,650 yuan/kg, and 1,720,000 yuan/ton, respectively. According to China Tungsten Online,…

Tungsten News
Baotou rare earth price increased month-on-month In February 2025 33

Recently, according to a report from the Baotou City Industry and Information Technology Bureau, in February 2025, among the 36 key industrial products monitored in Baotou City, 19 products, including aluminum, copper, and neodymium metal, saw price increases month-on-month, while 2 products, such as monocrystalline silicon and photovoltaic modules, maintained stable prices, and 15 products, including pig iron, polypropylene, and magnesium, experienced price declines. Year-on-year, 11 products, such as aluminum, hydrogen fluoride, and praseodymium-neodymium metal, recorded price increases, while 25…

Tungsten News
Northern Rare Earth Plans to Build a Pilot Base for Hydrometallurgy and Inorganic Functional Materials 28

Recently, Northern Rare Earth issued an announcement stating that, to further enhance the quality and efficiency of its technological achievements transformation, improve the allocation efficiency of scientific and technological resources, and strengthen its innovation capabilities, the company plans to invest 73.3645 million yuan to implement the Wet Smelting and Inorganic Functional Materials Pilot Base Construction Project. According to the announcement, the project will be located within the premises of the Northern Rare Earth Smelting Branch; it will cover a total…

Tungsten News
Molybdenum Market Update – March 14, 2025 49

Molybdenum market update on March 14, 2025 This week, the domestic molybdenum market has continued to exhibit a relentless downward trend, with the decline in prices of numerous molybdenum products slightly larger than last week. The price of molybdenum concentrate, for instance, has dropped from approximately 3,480 yuan/ton-degree to around 3,350 yuan/ton-degree. This is primarily attributed to strong downward pressure from steel companies on molybdenum iron prices, recent fluctuations and declines in international molybdenum prices, and a heightened willingness among…

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