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Modern cars have started developing rare earth free electric vehicle motors
According to BusinessKorea, Hyundai Motor Group has started developing electric vehicle motors that do not heavily rely on Chinese “rare earth elements“. According to industry insiders on August 13th, Hyundai Motor Group is currently developing a propulsion motor that does n...Read more -
At the beginning of the week, the rare earth alloy market remained stable, with a focus on wait-and-see
At the beginning of the week, the rare earth alloy market was mainly stable and wait-and-see. Today, the mainstream quotation for rare earth silicon 30 # one-step method is 8000-8500 yuan/ton, the mainstream quotation for 30 # two-step method is 12800-13200 yuan/ton, and the mainstream quotation ...Read more -
Market sentiment pessimistic Lanthanum oxide/Cerium market difficult to improve
The problem of excess production capacity of lanthanum cerium is becoming increasingly serious. The terminal demand is particularly sluggish, with poor order release and a sharp increase in pressure on manufacturers to ship, resulting in continuous price reductions. Moreover, both fundamentals an...Read more -
Rare earth supply chain trading usurps China’s monopoly position
Lynas Rare Earths, the largest rare earth producer outside of China, announced an updated contract on Tuesday to build a heavy rare earth processing plant in Texas. English source: Marion Rae Industry contract compilation Rare earth elements are crucial for defense technology and industrial magne...Read more -
The price trend of rare earths on August 14, 2023
product name price highs and lows Metal lanthanum (yuan/ton) 25000-27000 - Cerium metal (yuan/ton) 24000-25000 - Metal neodymium (yuan/ton) 590000~595000 - Dysprosium metal (yuan /Kg) 2920~2950 - Terbium metal (yuan /Kg) 9100~9300 - Pr-Nd metal (yuan/ton) 583000~587000 - Ferrigad...Read more -
July 31st – August 4th Rare Earth Weekly Review – Light Rare Earth Slows Up and Heavy Rare Earth Shakes
This week (July 31st to August 4th), the overall performance of rare earths was quiet, and a stable market trend has been rare in recent years. There are not many market inquiries and quotations, and trading companies are mostly on the sidelines. However, subtle differences are also evident. At t...Read more -
On August 1, 2023, the price trend of rare earths.
product name price highs and lows Metal lanthanum (yuan/ton) 25000-27000 - Cerium metal (yuan/ton) 24000-25000 - Metal neodymium (yuan/ton) 570000-580000 - Dysprosium metal (yuan /Kg) 2900-2950 - Terbium metal (yuan /Kg) 9100-9300 - Pr-Nd metal (yuan/ton)...Read more -
The price trend of rare earths on July 31, 2023.
Product name price highs and lows Metal lanthanum (yuan/ton) 25000-27000 - Cerium metal (yuan/ton) 24000-25000 - Metal neodymium (yuan/ton) 570000-580000 - Dysprosium metal (yuan /Kg) 2900-2950 - Terbium metal (yuan /Kg) 9100-9300 - Pr-Nd metal (yuan/ton)...Read more -
The price trend of rare earths on July 27, 2023.
product name price highs and lows Metal lanthanum (yuan/ton) 25000-27000 - Cerium metal (yuan/ton) 24000-25000 - Metal neodymium (yuan/ton) 570000-580000 - Dysprosium metal (yuan /Kg) 2900-2950 - Terbium metal (yuan /Kg) 9100-9300 -100 Pr-Nd metal (yuan/t...Read more -
Vietnam plans to increase its rare earth production to 2020000 tons/year, with data showing that its rare earth reserves are second only to China
According to a government plan, Vietnam plans to increase its rare earth production to 2020000 tons per year by 2030, according to the Zhitong Finance APP. Deputy Prime Minister of Vietnam Chen Honghe signed the plan on July 18, saying that the mining of nine rare earth mines in the northern prov...Read more -
Rare earth price trend on July 21, 2023
Product name Price Highs and lows Metal lanthanum (yuan/ton) 25000-27000 - Cerium metal (yuan/ton) 24000-25000 - Metal neodymium (yuan/ton) 550000-560000 - Dysprosium metal (yuan /Kg) 2800-2850 +50 Terbium metal (yuan /Kg) 9000-9200 +100 Pr-Nd metal (yuan...Read more -
Rare earth price trend on July 19, 2023
Product name Price Ups and downs Metal lanthanum (yuan/ton) 25000-27000 - Cerium metal (yuan/ton) 24000-25000 - Metal neodymium (yuan/ton) 550000-560000 - Dysprosium metal (yuan/kg) 2720-2750 - Terbium metal (yuan/kg) 8900-9100 - Praseodymium neodymium me...Read more