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.

On July 10, 2025, Northern Rare Earth released an announcement stating that the company expects to achieve a net profit attributable to shareholders of 900 million to 960 million yuan for the first half of 2025, an increase of 855 million to 915 million yuan compared to the same period last year, representing a year-on-year rise of 1882.54% to 2014.71%. It also anticipates a non-GAAP net profit of 880 million to 940 million yuan, an increase of 865 million to 925 million yuan year-on-year, marking a rise of 5538.33% to 5922.76%.

Rare earth market update on July 14, 2025

At the beginning of the week, the domestic rare earth market showed a relatively positive overall trend. Driven by strong speculative sentiment among suppliers, the prices of most mainstream products saw varying degrees of increase, with praseodymium-neodymium oxide and erbium oxide prices rising by approximately 3,000 yuan per ton and 7,000 yuan per ton, respectively. 

According to the Baotou Industry and Information Technology Bureau, in June 2025, among the 36 key monitored industrial products, month-on-month data shows that prices of 24 products, including cerium oxide, rebar, polyethylene, and PVC, decreased; prices of 3 products, such as lanthanum oxide and lanthanum metal, remained stable; and prices of 9 products, including neodymium metal, A00 aluminum, and #1 copper, increased. Year-on-year, prices of 27 products, such as high wire, hot-rolled coil, and A00 aluminum, decreased, while prices of 9 products, including rare earth carbonate, lanthanum oxide, and praseodymium-neodymium metal, increased.