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%.

Rare earth market update on April 16, 2025

The domestic rare earth price is generally consolidating within the rising range. In the situation where the supply-demand relationship is relatively balanced and there are no major positive news released in the market, the market trading enthusiasm is low and the trading volume is small.

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.

Rare earth market update on April 15, 2025

The domestic rare earth market in China exhibited a mixed pattern of price movements. Terbium oxide and dysprosium-iron alloy prices rose by approximately 150 yuan/kg and 20,000 yuan/ton, respectively, while gadolinium oxide and holmium oxide prices fell by about 2,000 yuan/ton and 18,000 yuan/ton, respectively.