Rare Earth market Update - April 22, 2025

Rare earth market update on April 22, 2025

The domestic rare earth market in China continues to operate weakly, mainly reflected in slight price declines for some products, low enthusiasm among traders for market operations, and a scarcity of new orders.

Today, prices for praseodymium-neodymium metal, gadolinium oxide, and terbium oxide dropped by approximately 2,000 yuan/ton, 3,000 yuan/ton, and 80 yuan/kg, respectively. Industry players are currently focused on the demand dynamics of magnetic material companies and the announcement of the first batch of rare earth mining quotas for this year.

According to CTIA GROUP LTD, the reasons for the recent decline in prices of mainstream light and heavy rare earth products include: first, prolonged weak demand from downstream users; second, the depletion of positive factors that previously supported rare earth price increases, leading to reduced market speculation; third, the current high rare earth selling prices combined with limited liquidity, resulting in cautious purchasing behavior. However, due to the rigid support of production costs, suppliers are generally maintaining rational pricing.

News update: In 2024, Northern Rare Earth achieved revenue of 32.966 billion yuan, down 1.58% year-on-year; net profit attributable to shareholders of 1.004 billion yuan, down 57.64% year-on-year; non-recurring profit-adjusted net profit of 901 million yuan, down 61.12% year-on-year; basic earnings per share of 0.28 yuan, down 57.64% year-on-year; total assets at the end of the reporting period were 45.381 billion yuan, up 12.06% year-on-year; and net assets attributable to shareholders were 22.432 billion yuan, up 3.76% year-on-year.

Price of rare earth products on April 22, 2025

Picture of neodymium oxide

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