Rare earth market update on May 13, 2025
The domestic rare earth market in China is exhibiting a sideways trend. Amid multiple uncertainties, trading sentiment among merchants remains stagnant, lacking momentum for price increases, resulting in limited market transaction volumes. Today, prices for praseodymium-neodymium metal, gadolinium oxide, and dysprosium oxide are approximately 520,000 yuan/ton, 168,000 yuan/ton, and 1,650,000 yuan/ton, respectively.
According to CTIA GROUP LTD, key factors influencing the current rare earth market include: first, China's special operation to combat the smuggling and export of strategic minerals like rare earths and tungsten may tighten export channels in the short term; second, despite robust development in industries such as new energy vehicles, robotics, and wind power, downstream rare earth producers show low buying enthusiasm, struggling to boost market activity; third, with weak downstream demand and normal production levels from rare earth manufacturers, spot supply for some products appears slightly abundant; fourth, a positive overseas rare earth market supports potential domestic price increases.
According to the Inner Mongolia Department of Industry and Information Technology, a company in Baotou plans to expand its annual production capacity of 6,000 tons of rare earth metals and alloys. The project scale includes: an expanded capacity of 6,000 tons per year, comprising 5,600 tons of praseodymium-neodymium metal, 100 tons of praseodymium metal, 100 tons of gadolinium-iron alloy, 100 tons of dysprosium-iron alloy, and 100 tons of holmium-iron alloy. The total investment is 70 million yuan, with a construction period of 24 months.
Price of rare earth products on May 13, 2025
Neodymium oxide picture
