Rare earth market update on July 2, 2025

The domestic rare earth market is operating steadily, with product prices showing no significant changes and order growth remaining moderate, as traders maintain essential transactions and no major news has been released. Today, at 02:16 PM HKT on Wednesday, July 02, 2025, prices for praseodymium oxide, terbium oxide, and holmium oxide are approximately 464,000 yuan/ton, 7,100 yuan/kg, and 518,000 yuan/ton, respectively.

Rare earth market update on June 30, 2025

The domestic rare earth market showed overall poor performance at the beginning of the week, primarily due to varying degrees of price declines across most products and slow order growth.

Rare earth market update on June 27, 2025

This week, the domestic rare earth market as a whole showed a mixed pattern of ups and downs. Under the interweaving of multiple and bearish factors, the price trends of light and heavy rare earths were slightly different, but both types of products still had significant room for transaction growth.

Rare earth market update on June 26, 2025

The domestic rare earth market is experiencing overall weak conditions, marked by sluggish price increases, low enthusiasm among traders for market engagement, and reduced transaction volumes.

On June 21, 2025, The Times of India reported that India is considering a ₹350-500 billion rare earth production plan to boost domestic raw material and magnet production, with approval expected within two weeks. This move aims to reduce India’s reliance on Chinese rare earth products.

Recently, a Chinese research team achieved a major breakthrough in rare earth chemistry. Researchers from Soochow University, in collaboration with those from Tsinghua University, successfully synthesized a rare earth triple-bond compound, long considered a "forbidden zone" in scientific research. This achievement challenges traditional understanding of rare earth elements' bonding capabilities, with the findings published in Nature Chemistry.

Rare earth market update on June 25, 2025

The domestic rare earth prices are fluctuating within a reasonable range, with a balanced supply-demand dynamic leading to a somewhat stagnant negotiation atmosphere between buyers and sellers, resulting in a subdued trading mood.

Rare earth market update on June 24, 2025

The domestic rare earth prices remained stable in parts with slight adjustments in some cases.

Rare earth market update on June 23, 2025

At the beginning of the week, the domestic rare earth market as a whole showed a relatively positive performance, with prices of many products continuing to rise to varying degrees.

On May 16, 2025, Australian company Lynas announced that its new production line in Malaysia successfully produced dysprosium oxide, marking its first heavy rare earth oxide product. The successful mass production of dysprosium oxide represents a critical step forward in Lynas’ rare earth supply chain development, significantly enhancing its supply chain resilience and opening a new overseas supply pathway for the global rare earth market. Notably, the raw material for this batch of dysprosium oxide comes from the Mt Weld rare earth deposit—a large, high-grade overseas rare earth site—whose abundant reserves and quality ore provide a solid resource foundation for Lynas’ dysprosium oxide production.