China Rare Earth Exports Fell in July and Prices Rose, What is the Driving Force?

[Ore Prices Follow Oxide Gains, Magnetic Material Market Sees Average Trading] Yesterday, Pr-Nd oxide market prices pulled back slightly following futures, but most suppliers held offer prices firm and low-priced supply remained hard to find. In the medium-heavy rare earth segment, dysprosium and terbium market prices continued to mainly hold up well, with some buyers making small purchases.

[Oxide Prices Diverge, Metal Trading Stalemate, Off-Season Magnetic Material Demand Slows] Yesterday, NdFeB blank quotations edged down slightly, mainly because lower raw material prices dragged down blank prices. In terms of trading, as the off-season set in, the production pace of end-users and motor factories gradually slowed, rigid demand orders were released moderately, while large-scale restocking orders have not yet been effectively released. Overall trading volume in the NdFeB market was modest.

[SMM Rare Earth Flash] Hastings Technology Metals yang terdaftar di ASX telah merilis hasil studi kelayakan definitif (DFS) yang diperbarui untuk Tahap 1 proyek tanah jarang dan niobium Yangibana di Australia Barat. Proyek ini dimiliki oleh perusahaan patungan, dengan Wyloo Gascoyne memegang 60% kepemilikan dan Hastings memegang 40%. DFS yang diperbarui mengonfirmasi nilai sekarang bersih (NPV) sebelum pajak sebesar 649 juta dolar Australia, tingkat pengembalian internal (IRR) 34%, dan periode pengembalian modal 2,4 tahun. Investasi modal awal sebesar 333 juta dolar Australia, dengan umur tambang 19 tahun dan produksi konsentrat rata-rata tahunan 37.000 metrik ton. Proyek ini didasarkan pada cadangan bijih 20,93 juta metrik ton dengan kadar total oksida tanah jarang (TREO) 0,90%. Neodymium-praseodymium (NdPr) menyumbang 37% dari TREO dan diharapkan berkontribusi lebih dari 90% terhadap pendapatan proyek. Semua persetujuan lingkungan telah diperoleh, serta infrastruktur dan peralatan dengan waktu pengadaan panjang telah dikirim ke lokasi.