Impact of China's Rare Earth Export Controls on the Automotive Industries of Some Countries

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On June 5, 2025, during the Foreign Ministry's regular press conference, a Japanese media reporter raised concerns about reports that China’s rare earth export controls have delayed automotive parts procurement, leading Suzuki to suspend production of its main compact models in Japan—a first for the country. Foreign Ministry spokesperson Lin Jian responded that China’s export control measures align with international norms, are non-discriminatory, and not targeted at any specific country. He suggested directing specific inquiries to the relevant Chinese authorities.

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Rare Earth Market - June 11, 2025

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Rare earth market update on June 11, 2025

The domestic rare earth market is maintaining a stable operation, primarily reflected in product prices fluctuating within a narrow range, traders largely adhering to rigid transactions, and moderate trading volumes. Today, praseodymium-neodymium oxide, erbium oxide, and dysprosium-iron alloy prices are stabilizing at approximately 449,000 yuan/ton, 305,000 yuan/ton, and 1,610,000 yuan/ton, respectively.

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Rare Earth Market - June 9, 2025

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Rare earth market update on June 9, 2025

At the beginning of the week, the domestic rare earth market maintained a generally strong performance, primarily reflected in the continued rise of product prices and an increase in new orders.

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Rare Earth Market - June 10, 2025

Neodymium oxide picture

Rare earth market update on June 10, 2025

The domestic rare earth market is exhibiting a steady yet slightly upward trend, with many suppliers slightly raising their quotes.

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Rare Earth Market - June 6, 2025

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Rare earth market update on June 6, 2025

This week, the domestic rare earth market exhibited a pattern of high prices with low trading volume. Factors such as strong production cost support, continued tight overseas rare earth supply, limited imports of rare earth products in China, and reduced output in some regions have led suppliers to slightly raise their quotes. However, due to low inquiry and purchasing enthusiasm from downstream users, market transaction volumes remain limited.

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