[SMM Analysis: Scrap Recycling Operating Rate Rises, Medium-Heavy Rare Earth Oxide Production Shows Relatively Small MoM Change in January]
In January 2025, the medium-heavy rare earth oxide market presented a complex picture. At the beginning of the month, data showed a slight MoM decrease in medium-heavy rare earth oxide production from raw ore separation plants, while production from scrap recycling enterprises experienced some MoM growth. Overall, despite the differing situations in raw ore production and scrap recycling, the total production of medium-heavy rare earth oxides showed relatively small changes compared to December 2024.

![[광석 측 가격 소폭 상승, 프라세오디뮴-네오디뮴 보합 속 교착, 스크랩 선상승 후 안정 [SMM 재생 희토류 주간 리뷰]]](https://imgqn.smm.cn/usercenter/tXtym20251217171745.jpeg)
![광석 측 가격은 소폭 상승했고, Pr-Nd는 보합세를 보였으며, 중희토류는 엇갈린 흐름을 나타냈다 [SMM 희토류 주간 리뷰]](https://imgqn.smm.cn/usercenter/fpsaU20251217171745.jpeg)
