China's Auto Production in March 2026: NEV and ICEV NdFeB Consumption Rises YoY and MoM

[SMM Rare Earth News Flash] Neo Performance Materials announced that the solvent extraction line at its Silmet plant in Estonia had been successfully commissioned, producing its first batches of terbium oxide and dysprosium oxide. The production line operated at nameplate capacity, achieving heavy rare earth separation using mixed rare earth carbonate raw materials. This move further strengthened the supply chain for Neo's first large-scale sintered magnet factory in Europe, located in Narva, with an annual capacity of 2,000 mt. Neo's CEO stated that the company now possessed both light and heavy rare earth processing capabilities, enabling it to supply secure, traceable, high-quality heavy rare earth materials to European permanent magnet factories.

[SMM Rare Earth News Flash] Zhong Ke San Huan, a leading enterprise in rare earth permanent magnets, successfully developed ultra-high performance sintered NdFeB permanent magnets. According to authoritative detection by the National Institute of Metrology of China, the magnet achieved a remanence (Br) of 15.32 kGs at room temperature, an intrinsic coercivity (HcJ) of 17.89 kOe, and a BH max of 56.8 MGOe, making it the rare earth permanent magnet with the highest coercivity among all publicly reported ultra-high remanence magnet systems worldwide. The R&D team achieved a major breakthrough in the comprehensive performance of the magnet without excessive reliance on heavy rare earth elements such as dysprosium and terbium.

[SMM Rare Earth Weekly Review: Rare Earth Prices Rose Overall This Week, Market Trading Remained Stagnant] Pr-Nd oxide market prices continued to rise overall. Affected by futures price fluctuations, speculative news, and the superimposed impact of some upstream separation enterprises suspending production, suppliers continuously raised their quotations. Low-priced supplies tightened rapidly, and Pr-Nd oxide prices rose to 755,000-760,000 yuan/mt during the week.