Rare Earth Market - August 7, 2025

Rare earth market update on August 7, 2025

The domestic rare earth market is currently in a state of gradual decline, with most product prices experiencing varying degrees of decline: praseodymium-neodymium oxide prices have decreased by approximately 5,000 yuan per ton, terbium oxide by about 20 yuan per kilogram, and erbium oxide by around 2,000 yuan per ton.

This has led to limited new order volumes, and industry confidence in the subsequent market outlook appears somewhat weak.

From a bullish perspective, firstly, frequent high-temperature rainfall recently, combined with ongoing environmental regulations and crackdowns on illegal mining, has increased production costs and operational pressures, prompting some rare earth production enterprises to reduce output. Secondly, against the backdrop of robust emerging industry development, certain downstream companies, such as magnetic material firms, exhibit significant demand for rare earth products. The Shanghai Embodied Intelligence Industry Development Implementation Plan outlines goals by 2027, including breakthroughs in core algorithms and technologies in embodied models and corpora exceeding 20 items; the establishment of at least four high-quality embodied intelligence incubators, achieving the clustering of over 100 industry-leading enterprises, the implementation of 100 innovative application scenarios, and the promotion of 100 internationally leading products; with the core embodied intelligence industry scale surpassing 500 billion yuan.

From a bearish perspective, firstly, since the beginning of the year, rare earth prices have seen oscillatory increases, placing them at relatively high levels, compounded by tight market funding, leading downstream enterprises to adopt a more cautious procurement stance. Secondly, with the likelihood of significant short-term price surges being low, some downstream users are opting to delay purchases, fostering a strong wait-and-see attitude. As of now, terbium oxide prices have risen by approximately 27.27% this year, praseodymium oxide by about 31.25%, neodymium oxide by around 33.33%, praseodymium-neodymium oxide by about 33.25%, and praseodymium-neodymium metal by about 31.36%.

According to news from the Baogang News Center, recently, the Northern Rare Earth Zhongxin Antai expansion project for an annual production capacity of 8,000 tons of rare earth metals and alloys has commenced construction in the Baotou Rare Earth High-Tech Industrial Development Zone. Upon completion, the company’s annual production capacity for rare earth metals and alloys will reach 15,000 tons, further enhancing its production capacity and technical level, and helping Zhongxin Antai secure a favorable position in the industrial chain.

Price of rare earth products on August 7, 2025

Neodymium oxide picture

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