Recently, the Baotou Industry and Information Technology Bureau reported that in 2024, the added value of Baotou's industrial enterprises above designated size increased by 14.3% year-on-year, surpassing the national average (5.8%) by 8.5 percentage points and the regional average (6.8%) by 7.5 percentage points. This marks 52 consecutive months of double-digit growth.

Recently, the United States Geological Survey (USGS) released the global rare earth production and reserves in 2024, as well as the situation of the rare earth industry in the United States. The following is the relevant content compiled by China Tungsten Online.

Rare earth market update on February 21, 2025

This week, the domestic rare earth market exhibited a pattern of initial decline followed by a rebound.

According to China Tungsten Online, in order to implement the "Rare Earth Management Regulations", effectively protect and rationally develop and utilize rare earth resources, maintain ecological security, and promote the high-quality development of the rare earth industry, the Raw Materials Industry Department of the Ministry of Industry and Information Technology has drafted the "Measures for the Total Control of Rare Earth Mining and Rare Earth Smelting and Separation (Interim) (Draft for Public Comments)" and "Measures for the Information Traceability of Rare Earth Products (Interim) (Draft for Public Comments)".