Rare earth market update on April 7, 2025

At the beginning of the week, domestic rare earth market in China exhibited a mixed pattern of gains and losses.

On April 4, 2025, the Ministry of Commerce, in collaboration with the General Administration of Customs of the People’s Republic of China, issued an announcement regarding the implementation of export control measures on seven categories of medium and heavy rare earth-related items, including samarium (Sm), gadolinium (Gd), terbium (Tb), dysprosium (Dy), lutetium (Lu), scandium (Sc), and yttrium (Y). These measures took effect immediately upon the announcement’s release.

On April 4, 2025, China’s Ministry of Commerce, in collaboration with the General Administration of Customs, announced export control measures on seven categories of medium and heavy rare earth-related items—samarium (Sm), gadolinium (Gd), terbium (Tb), dysprosium (Dy), lutetium (Lu), scandium (Sc), and yttrium (Y)—effective immediately upon release. This policy is poised to have multifaceted impacts on the rare earth industry, influencing supply-demand dynamics, market prices, and the global industry landscape.

Rare earth market update on April 3, 2025

This week, the domestic rare earth market maintained a sideways trend, characterized by minimal price changes for most products and low enthusiasm among traders to engage in market activities. Specifically, the price of praseodymium-neodymium oxide rose by approximately 1,000 yuan, a 0.23% increase; terbium oxide increased by about 120 yuan, a 1.86% rise; and dysprosium oxide also saw a similar increase of around 120 yuan, up 1.86%.