Latest Prices of Europium Oxide and Terbium Oxide

As the second batch of total production control plan for rare earth production issued, prices of rare earths sustain steady growth in China. 

The industry expects that in the next 3 years the market demand for rare earths will maintain annual growth of 6%-9%, of which the incremental contribution is demand for rare earth permanent magnet. The current nominal demand is 90,000 tons.

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