Rare earth market update on March 6, 2025
Domestic rare earth price is generally fluctuating within a narrow range. Under the conditions of weak supply and demand, coupled with the absence of direct positive news in the market, traders are basically maintaining rigid transactions. Intense price negotiations have led to low actual transaction volumes and a lack of upward momentum in product prices. Today, the prices of praseodymium-neodymium oxide, gadolinium oxide, and dysprosium-iron alloy are stabilizing around 442,000 yuan/ton, 165,000 yuan/ton, and 1,670,000 yuan/ton, respectively.
On the news front, on March 4, the signing ceremony for the technical transformation and relocation project of Zhongxi Jinlong, with an annual output of 5,000 tons of rare earth smelting and separation, was held in Changting. Zhongxi Jinlong is a smelting, separation, and deep-processing enterprise jointly established by China Rare Earth Group and Jinlong Rare Earth, with its main business being the smelting and separation of rare earth raw ore.
Price of rare earth products on March 6, 2025
Praseodymium oxide picture
