China December Pr-Nd oxide Output and Forecast for January

China's Pr-Nd oxide output in December was 5,922 mt, down 4.9% MoM. Much of the blame for the decrease was Jiangxi where output fell by 22%.

According to SMM research, suffering severe losses, most NdFeB scrap recyclers lowered operating rate. Some separation plants halted production for maintenance towards the end of 2023. Under this circumstance, Pr-Nd oxide output plummeted in December.