Myanmar will once again suspend the transportation of auxiliary materials starting from December 5, followed by a halt on rare earth ore shipments in late December

According to rare earth ore traders in Myanmar, Myanmar will once again suspend the transportation of auxiliary materials starting from December 5, and the transportation of rare earth ore starting from late December.

In China, rare earth carbonate prices kept dipping last week. During last week, rare earth carbonate prices dipped from 39,800-40,100 yuan/mt on November 23 to 38,900-39,300 yuan/mt on November 30, down 2% WoW. Medium-yttrium and rich-europium ore prices hiked from 230,000-232,000 yuan/mt on November 23 to 232,000-233,000 yuan/mt on November 30, up 0.6% WoW.