SMM Analysis: Nov 2024 Sees Slight Rise in Medium-Heavy Rare Earth Production, Gadolinium Oxide Declines

[SMM Analysis: Separation Plants Have Sufficient Ion-Adsorption Ore Inventory; Medium-Heavy Rare Earth Production Increased Slightly MoM in November]

In November 2024, the production of dysprosium oxide and terbium oxide increased compared to the previous month, while the production of gadolinium oxide continued to decline. Meanwhile, the production of holmium oxide also showed a slight upward trend. According to the SMM survey, driven by increased demand from leading producers and market news, the production of dysprosium oxide and terbium oxide rose slightly MoM. Unlike dysprosium oxide and terbium oxide, the market demand for gadolinium oxide remained sluggish, prompting some separation enterprises to adjust their production rates.