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China Wraps Up Latest Round of Rare Earth Reserves
Mar 29, 2017 16:26CST
Source:SMM
China’s State Reserve Bureau concluded the latest round of rare earth stockpiling on March 28.

SHANGHAI, Mar. 29 (SMM) – China’s State Reserve Bureau concluded the latest round of rare earth stockpiling on March 28, with total purchasing volumes more than 3,000 tonnes since late 2016.

It was heard that 7 companies participated in the round of stockpiling bidding, namely China Minmetals, Baogang Group, CHALCO, Ganzhou Rare Earth Mineral, Rising Nonferrous Metals, Xiamen Tungsten, and China Nonferrous Metals Company, with details as below. 

 

2016.12.13

 

2017.01.19

 

2017.03.28

 
 

Price (10,000 yuan/tonne)

Quantity (tonne)

Price (10,000 yuan/tonne)

Quantity (tonne)

Price (10,000 yuan/tonne)

Quantity (tonne)

Praseodymium Oxide

32.31

5

-

-

33.5

failure

Neodymium Oxide

25.59

45

-

-

27

220

Didymium Oxide

25.33

failure

26

1300

27.3

failure

Europium Oxide

42.2

60

45

80

50

170

Terbium Oxide

287.72

failure

300

95

310

178

Dysprosium Oxide

125.03

280

125

440

125

450

Erbium Oxide

17.11

330

-

-

17.8

failure

Lutetium oxide

429.7

16

-

-

452

failure

Yttrium Oxide

2.45

670

-

-

2.5

failure

Total

 

1406

-

1915

-

1018

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