Rare earth market update on May 9, 2025

In the first week following the May Day holiday, the domestic rare earth market in China performed relatively well, with rising prices for numerous products, increased market trading activity, and higher transaction volumes.

According to the Baotou City Statistics Bureau, Baotou's economy achieved a strong start in Q1 2025. The city's GDP reached 109.13 billion yuan, up 7.1% year-on-year at constant prices.

Rare earth market update on May 8, 2025

The domestic rare earth prices remain locally stable with slight increases in some areas, with praseodymium-neodymium metal prices rising by approximately 3,000 yuan/ton, terbium oxide by about 90 yuan/kg, and dysprosium oxide by around 20,000 yuan/ton.

In Q1 2025, Northern Rare Earth reported revenue of 9.287 billion yuan, up 61.19% year-on-year; net profit attributable to shareholders was 431 million yuan, up 727.30% year-on-year; non-recurring profit-adjusted net profit was 435 million yuan, up 11,622.98% year-on-year; basic earnings per share were 0.12 yuan, up 727.30% year-on-year; net cash flow from operating activities was 410 million yuan, up 371.14% year-on-year; total assets at the end of the period were 46.235 billion yuan, up 1.88% year-on-year; and net assets attributable to shareholders were 22.87 billion yuan, up 1.95% year-on-year.