Rare earth market update on June 27, 2025

This week, the domestic rare earth market as a whole showed a mixed pattern of ups and downs. Under the interweaving of multiple and bearish factors, the price trends of light and heavy rare earths were slightly different, but both types of products still had significant room for transaction growth.

On June 21, 2025, The Times of India reported that India is considering a ₹350-500 billion rare earth production plan to boost domestic raw material and magnet production, with approval expected within two weeks. This move aims to reduce India’s reliance on Chinese rare earth products.

Rare earth market update on June 26, 2025

The domestic rare earth market is experiencing overall weak conditions, marked by sluggish price increases, low enthusiasm among traders for market engagement, and reduced transaction volumes.

Recently, a Chinese research team achieved a major breakthrough in rare earth chemistry. Researchers from Soochow University, in collaboration with those from Tsinghua University, successfully synthesized a rare earth triple-bond compound, long considered a "forbidden zone" in scientific research. This achievement challenges traditional understanding of rare earth elements' bonding capabilities, with the findings published in Nature Chemistry.