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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…

Rare earth market update on March 4, 2025 The overall price of rare earths in the domestic market has fluctuated within a narrow range. With the intertwined influence of bullish and bearish factors, traders’ sentiment towards entering the market for operations is mediocre, which in turn leads to a low level of market trading activity and a slow growth rate of orders. Today, the price of praseodymium oxide, erbium oxide, and dysprosium oxide are approximately 466,000 yuan per ton, 299,000…

1. Analysis of China’s Rare Earth Prices in February 2025 According to China Tungsten Online, the price of China’s rare earth products in February 2025 showed a fluctuating upward trend. Among them, the price of praseodymium oxide increased by about RMB 41,000/ton, an increase of 9.58%, the price of neodymium oxide increased by about RMB 44,000/ton, an increase of 10.48%, the price of praseodymium-neodymium oxide increased by about RMB 33,000/ton, an increase of 7.91%, the price of praseodymium-neodymium metal increased…

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…