Rare Earth market Update - April 29, 2025

Rare earth market update on April 29, 2025

Domestic rare earth prices in China are consolidating within a reasonable range, with praseodymium oxide at approximately 433,000 yuan/ton, gadolinium oxide at 163,000 yuan/ton, and dysprosium oxide at 1,600,000 yuan/ton. Market activity remains subdued, with few new orders. 

On the positive side, strong production cost support and tightening supply of certain products have reduced suppliers' willingness to offer discounts. On the negative side, the upcoming May Day holiday and tight liquidity have led buyers to adopt a cautious procurement strategy.

In related news, from January to March 2025, China’s major power generation enterprises completed investments in power projects totaling 132.2 billion yuan, down 2.5% year-on-year. Grid infrastructure investments reached 95.6 billion yuan, up 24.8% year-on-year. The national installed power generation capacity stood at 3.43 billion kilowatts, a 14.6% increase year-on-year. Among these, solar power capacity was approximately 950 million kilowatts, up 43.4% year-on-year, and wind power capacity was about 540 million kilowatts, up 17.2% year-on-year.

Price of rare earth products on April 29, 2025

Picture of erbium oxide

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