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:

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.

Rare earth market update on July 21, 2025

At the beginning of the week, the domestic rare earth market maintained a sideways trend, with a slightly strained negotiation atmosphere between buyers and sellers due to the interplay of bullish and bearish factors, resulting in moderate market transaction volumes.

Rare earth market update on July 18, 2025

This week, the domestic rare earth market performed relatively well, with light and heavy rare earth product prices showing pergent trends under the interplay of bullish and bearish factors, though overall market transaction activity still has room for improvement.

Rare earth market update on July 17, 2025

The domestic rare earth market maintains stable operations overall, characterized by no significant changes in product prices, moderate sentiment among traders, and limited new orders. 

On July 15, China Rare Earth announced that it expects a net profit attributable to shareholders of 136.27 million to 176.27 million yuan for the first half of 2025, compared to a loss of 244.419 million yuan in the same period last year. The net profit after excluding non-recurring gains and losses is projected to be 131.06 million to 170.06 million yuan, compared to a loss of 254.7415 million yuan in the same period last year. Basic earnings per share are expected to be 0.1284 to 0.1661 yuan, compared to a loss of 0.2303 yuan per share in the same period last year.

On July 15, Apple Inc. and U.S. rare earth company MP Materials announced a $500 million agreement to procure rare earth magnets and jointly establish a rare earth recycling facility in California. This marks a significant move by the U.S. tech giant to support a domestic critical mineral supply chain, reducing reliance on Chinese rare earths.

Rare earth market update on July 16, 2025

The domestic rare earth market is showing an overall sideways and volatile trend, influenced by multiple uncertainties.

On July 11, China Northern Rare Earth announced that, based on the pricing method for rare earth concentrates and the prices of rare earth oxides in Q2 2025, the transaction price for rare earth concentrates in Q3 2025 has been adjusted to 19,109 yuan per ton (dry basis, REO=50%), excluding tax. This represents an increase of 284 yuan per ton, or 1.51%, compared to the Q2 2025 price of 18,825 yuan per ton. For every 1% increase or decrease in REO content, the price, excluding tax, adjusts by 382.18 yuan per ton, an increase of 6 yuan per ton, or 1.51%, compared to Q2 2025 (376.50 yuan per ton).

Rare earth market update on July 15, 2025

The domestic rare earth market continues to perform favorably overall, with light and heavy rare earth product prices showing pergent trends under the interplay of bullish and bearish factors: praseodymium-neodymium (NdPr) product prices continue to rise, while dysprosium and terbium prices remain stable. Currently, industry participants hold high expectations for the market outlook.