Ningbo Yunsheng Reports 247.95% YoY Net Profit Increase in 2025, Revenue Up 8.39% to 5.464 Billion Yuan

As of now, Pr-Nd alloy prices continued to rise from the morning, reaching 980,000-985,000 yuan/mt, up approximately 60,000 yuan/mt from 915,000-930,000 yuan/mt a week ago, a gain of about 6.5%. This price increase was primarily driven by expectations of supply tightening and growing end-use demand.

[SMM Rare Earth Update] Driven by continued fundamentals and sentiment, as of 5:00 PM today, spot Pr-Nd oxide was quoted at 805,000-810,000 yuan/mt, up 5,000 yuan/mt from 11:00 AM, and spot Pr-Nd alloy was quoted at 980,000-985,000 yuan/mt, up 7,500 yuan/mt from the morning price. According to SMM, market inquiry activity recovered in the afternoon compared to the morning, and the trading center of Pr-Nd oxide shifted up to 805,000-810,000 yuan/mt. Pr-Nd alloy quotes were raised on raw material cost support, with the highest transaction price at 990,000 yuan/mt, but actual trading volume was low, with the mainstream transaction range at 980,000-985,000 yuan/mt.

European Resources Company, listed on the Australian Securities Exchange, has significantly expanded the Mineral Resource Estimate (MRE) for its Korsnäs rare earth project in Finland, with inferred resources of 15.4 million mt at a grade of 1% total rare earth oxides (TREO) and a cut-off grade of 0.5% TREO. In less than a year and a half, the Korsnäs MRE has more than doubled, driven by the expansion of the geological and assay database, the incorporation of new drilling data and assay results, and the refinement of the geological model.