Recent Rare Earth Market

Overseas Market

Recently, the Australian strategic materials company announced that its rare earth metal plant in ochang Province, South Korea has started hot commissioning, and South Korean Vice Premier Hong Nanji also visited the plant. In the statement, strategic materials said that it has started the thermal commissioning of its metal neodymium electrolytic furnace, including heating metal furnace and trial production of metal neodymium. This is the first stage of thermal commissioning. Other metal workshops of South Korea metal plant are under construction and installation. The company added that the first phase of thermal commissioning activities will continue until the first half of 2022, and the full capacity of 5200 T / a will be completed in the second half of 2022.

Rare earth metals

Yesterday, the price of mainstream metal products in the rare earth market was weak, and the overall operation of praseodymium and neodymium metals was weak. The quotation of metal enterprises was less and strong. Some trading enterprises had reached the psychological price, and a small amount of goods were offered for profit. Dysprosium and terbium operate weakly, the quotation drops slightly, the transaction remains to be seen, and the market quotation is less. There are few metal quotations from metal factories, some metal enterprises have no quotation for the time being, raw materials are still in short supply, the market wait-and-see atmosphere is strong, the metal corresponds to the oxide adjustment, the activity of magnetic material inquiry is weaker than yesterday, the upstream and downstream are still deadlocked, it still needs time to digest, and the market as a whole remains to be seen. It is expected that the price of praseodymium and neodymium metal is mainly weak, the price of dysprosium and terbium metal is mainly stable, and the price of gadolinium and iron is stable, medium and weak in the near future.

Rare earth permanent magnet

Yesterday, the overall inquiry activity of Nd-Fe-B market was not high. Some magnetic material enterprises mainly delivered long orders, mainly on the sidelines. The new orders in Nd-Fe-B market were limited, it was difficult to lock, it was difficult to find low-cost goods, and the transaction was not as expected.

Market summary:

Analysts believe that light rare earth separation enterprises are strongly influenced by the high prices of raw ore and waste materials, and their quotations are hesitant and firm. Some separation enterprises have no quotation for delivery to the long-term association. Some trading enterprises have realized profits, and the supply of low-cost goods in the market has increased. The overall spot of large metal manufacturers is still low, the quotation is slightly firm, the upstream and downstream game still exists, and the overall transaction deadlock in the market is weak, It is expected that the price of praseodymium and neodymium is mainly weak and stable in the short term. Affected by the continuous entry mood of Myanmar mines, dysprosium has increased, market inquiry is weak, transactions are less, and the trend is weak and stable. In the short term, there is no group capital on the market, downstream consumption lacks obvious positive support, and the price is mainly stable and weak.