Rare earths are an important strategic resource in China. Xiao Yaqing, minister of industry and information technology, pointed out earlier that rare earths were not sold at the "rare" price, but at the "local" price, resulting in the waste of this precious resource. The General Office of the State Council has also issued the State Council 2021 Legislative work Plan, including the regulations on the Administration of rare Earths, in order to plan and manage rare earth resources. At present, the demand for rare earths is driven by new energy vehicles, wind power, energy-saving frequency conversion air conditioners, traditional cars and other fields.
Opportunities and challenges coexist. SMM will join hands with Wuxi stainless Steel Trading Center to hold the "2021 China rare Earth permanent Magnet Industry Market Application and Development Forum" from 8.25 to 8.26, guided by the market terminal product application and user demand of rare earth permanent magnet materials. Invite rare earth raw materials, permanent magnet materials, motors and terminals and other enterprises together to discuss the road of innovation and development of China's rare earth permanent magnet industry!
Choose Wuxi stainless steel trading center to create prosperity! The company warmly welcomes the majority of new and old customers to visit and exchange with us.
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![Rare Earth Export Prices Saw Slight Correction This Week as Geopolitical Tensions and Supply Chain Restructuring Accelerated [SMM Rare Earth Ex-China Weekly Review]](https://imgqn.smm.cn/usercenter/UXEpx20251217171743.jpeg)
