Rare earth market update on April 24, 2025

The domestic rare earth market in China continues to show a downward trend, with prices for praseodymium oxide, praseodymium-neodymium metal, terbium oxide, and dysprosium oxide dropping by approximately 10,000 yuan/ton, 4,000 yuan/ton, 260 yuan/kg, and 30,000 yuan/ton, respectively.

Rare earth market update on April 23, 2025

The domestic rare earth market in China continues to perform poorly. As positive support weakens, the buyer's market holds a significant advantage, primarily reflected in fluctuating declines in mainstream product prices and low order volumes. Today, prices for praseodymium-neodymium metal, dysprosium-iron alloy, and terbium oxide dropped by approximately 3,000 yuan/ton, 10,000 yuan/ton, and 140 yuan/kg, respectively.

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.

Rare earth market update on April 21, 2025

At the beginning of the week, the overall domestic rare earth market in China was lackluster. With positive factors gradually fading and weak downstream demand, prices of mainstream products saw varying degrees of decline.

Rare earth market update on April 18, 2025

The domestic rare earth market in China displays chaotic pricing, with mainstream light and heavy rare earth product price trends perging slightly due to numerous uncertainties.

Northern Rare Earth is expected to achieve a net profit attributable to shareholders of 425 to 435 million yuan in the first quarter of 2025. Compared with the same period last year, it will increase by 375 to 385 million yuan, with a year-on-year increase of 716.49% to 735.70%. The expected non-recurring net profit is 429 to 439 million yuan. Compared with the same period last year, it will increase by 425.3 to 435.3 million yuan, with a year-on-year increase of 11,468.78% to 11,738.45%.

In 2024, Northern Rare Earth achieved operating revenue of 32.966 billion yuan, a year-on-year decrease of 1.58%; net profit attributable to the parent company was 1.004 billion yuan, a year-on-year decrease of 57.64%; net profit after deducting non-recurring items was 901 million yuan, a year-on-year decrease of 61.12%; basic earnings per share was 0.28 yuan, a year-on-year decrease of 57.64%. At the end of the reporting period, the total assets were 45.381 billion yuan, a year-on-year increase of 12.06%; the net assets attributable to the parent company were 22.432 billion yuan, a year-on-year increase of 3.76%.

Rare earth market update on April 17, 2025

The domestic rare earth market in China exhibited a widespread downward trend, with prices for praseodymium oxide, praseodymium-neodymium metal, terbium oxide, and dysprosium oxide falling by approximately 8,000 yuan/ton, 4,000 yuan/ton, 100 yuan/kg, and 28,000 yuan/ton, respectively. However, despite this decline, market transaction volumes did not see a significant increase.

Recently, Northern Rare Earth issued an announcement stating that, according to the pricing method of rare earth concentrate and the prices of rare earth oxides in the first quarter of 2025, the trading price of rare earth concentrate in the second quarter of 2025 has been adjusted to 18,825 yuan per ton (dry basis, REO = 50%) without tax. This is an increase of 207 yuan per ton compared with 18,618 yuan per ton in the first quarter of 2025, representing a growth rate of 1.11%. For every 1% increase or decrease in REO, the tax-excluded price will increase or decrease by 376.50 yuan per ton, which is an increase of 4 yuan per ton compared with the first quarter of 2025 (for every 1% increase or decrease in REO, the tax-excluded price increased or decreased by 372.36 yuan per ton), with a growth rate of 1.11%.

Recently, according to the information from the Industry and Information Technology Bureau of Baotou City, among the 36 kinds of industrial products under key monitoring in Baotou City in March 2025, on a month-on-month basis, the prices of 17 products such as pig iron, high-speed wire rod, and polyethylene decreased; the prices of 2 products such as polysilicon and monocrystalline silicon remained the same; and the prices of 17 products such as neodymium metal, A00 aluminum, and hydrogen fluoride increased. On a year-on-year basis, the prices of 23 products such as rebar, hot-rolled coil, and lanthanum metal decreased, and the prices of 13 products such as iron concentrate powder, A00 aluminum, and neodymium oxide increased.