Rare earth market update on December 12, 2025
This week, domestic rare earth prices overall showed a weak downward trend, mainly attributed to low downstream inquiry activity and insufficient motivation among suppliers to maintain prices. It is reported that tight funding for downstream enterprises and a large number of long-term agreement orders have resulted in fewer transactions in the spot market. However, supported by production costs and the positive development of emerging industries such as new energy and robotics, suppliers generally maintained rational willingness to concede prices.
According to CTIA GROUP LTD, this week praseodymium-neodymium oxide prices decreased by approximately RMB 10,000/ton, down 1.69%; praseodymium-neodymium metal prices decreased by approximately RMB 10,000/ton, down 1.39%; terbium oxide prices decreased by approximately RMB 90,000/ton, down 1.40%; dysprosium oxide prices decreased by approximately RMB 30,000/ton, down 2.10%; 55N neodymium-iron-boron blank prices decreased by approximately RMB 3/kg, down 1.10%; neodymium-iron-boron scrap (praseodymium-neodymium) prices decreased by approximately RMB 10/kg, down 1.63%.
On the news front, according to CCTV News, the 10th session of the 15th National Assembly of Vietnam passed an amendment to the Geology and Minerals Law on the 11th, classifying rare earths as special strategic resources strictly regulated by the state and prohibiting the export of rare earth ore. The amendment will take effect from January 1, 2026. According to the amendment, all rare earth exploration, mining, and processing activities in Vietnam must comply with the national rare earth strategy and overall planning. Only institutions and enterprises designated or authorized by the Vietnamese government may be permitted to conduct rare earth exploration, mining, and processing activities. The Vietnamese government will uniformly manage geological data, regulate trade, and maintain appropriate reserves. According to a report released by the U.S. Geological Survey in 2025, Vietnam’s rare earth reserves are approximately 3.5 million tonnes, ranking sixth in the world.
Price of rare earth products on December 12, 2025
Images of neodymium oxide
