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 25, 2025

The domestic rare earth prices are fluctuating within a reasonable range, with a balanced supply-demand dynamic leading to a somewhat stagnant negotiation atmosphere between buyers and sellers, resulting in a subdued trading mood.

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.

Rare earth market update on June 24, 2025

The domestic rare earth prices remained stable in parts with slight adjustments in some cases.