Rare earth market update on June 13, 2025

The domestic rare earth market is experiencing poor conditions, with most product prices continuing to decline. Praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices have decreased by approximately 3,000 yuan/ton, 50 yuan/kg, and 10,000 yuan/ton, respectively.

According to a Global Times report citing Nikkei Asia, Japan plans to propose a comprehensive cooperation package with the U.S. during the fifth round of tariff negotiations, focusing on addressing disruptions to Chinese rare earth and U.S. liquefied natural gas (LNG) supply chains amid U.S.-China tensions. Japan aims to collaborate with the U.S. on this front.

Rare earth market update on June 12, 2025

The domestic rare earth market is maintaining a generally weak trend, with mainstream product prices declining to varying degrees.

Recently, some countries have expressed concerns over China’s export controls on medium and heavy rare earths. It must be emphasized that all parties should rationally and objectively view the legitimacy and necessity of China’s rare earth export controls, respecting China’s legitimate rights in managing its resources, and jointly uphold international economic order, peace, and security.