According to Global Times, data released by the General Administration of Customs on the 20th shows that in June, China, the world’s largest producer of rare earth magnets, saw its exports to the United States surge to 352.8 tons, a 660% increase from May. This marks a sharp recovery in the export of critical minerals needed for electric vehicles and wind turbines following a trade agreement between China and the United States.

On July 18, the Ministry of State Security published an article titled “Key Point! It’s Not Ordinary Soil”, with the full text as follows:

Rare earth market update on July 22, 2025

Domestic rare earth prices remain partially stable, with some showing slight increases, including praseodymium-neodymium oxide price increasing by approximately 2,000 yuan per ton and praseodymium-neodymium metal price increasing by about 5,000 yuan per ton.

Recently, the International Mineralogical Association’s Commission on New Minerals, Nomenclature and Classification (IMA-CNMNC) unanimously approved a new mineral, “Huanghoite-(Nd),” discovered and submitted by a joint research team from China University of Geosciences and the Inner Mongolia Autonomous Region Geological Survey Institute, with the approval number IMA No. 2025-014. The discovery of Huanghoite-(Nd) is one of the innovative outcomes of the comprehensive budget project of the Inner Mongolia Autonomous Region Natural Resources Department, titled “Study on the Distribution Patterns and Occurrence Regularities of Rare Earth Elements in the Bayan Obo Deposit.” The research team, in collaboration with researchers from Jiangxi University of Applied Science and the Beijing Research Institute of Uranium Geology, named and submitted the mineral for approval.