NdFeB Producers Suffer from Rising Rare Earth Prices and Oversupply

Published: Aug 15, 2017 16:57

Save

Rising rare earth prices and persistent oversupply in NdFeB industry are taking a toll on NdFeB producers’ profitability.

SHANGHAI, Aug. 15 (SMM) –Rising rare earth prices and persistent oversupply in NdFeB industry are taking a toll on NdFeB producers’ profitability.

Minmetals Rare Earth’s Net Profit Soars in H1 2017

For example, Yantai Zhenghai Magnetic Material Co. reported 403.31 million yuan in revenues in H1 2017, down 44.30% year-on-year, and suffered a loss of 14.97 million yuan, versus a profit of 72.89 million yuan a year ago.

Pangang Vanadium Titanium Reverses Losses in H1 2017 after Restructuring

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Yantai Zhenghai Magnetic Material Co.NdFeB rare earth prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Mar 13, 2026 17:44

【SMM Analysis】Pr-Nd Alloy Prices Stabilize After Initial Drop, Expected to Rise Amid Tight Supply and Strong Demand

This week, Pr-Nd alloy prices generally fell first and then rose, and have now stabilized in the range of 980,000-1 million yuan/mt. This price fluctuation was mainly driven by the impact of news factors on market sentiment.

Mar 13, 2026 17:44

Mar 13, 2026 17:08

Chile and US Sign Joint Statement to Consult on Rare Earths and Critical Minerals

Santiago — Chile’s Ministry of Foreign Affairs said on the 12th that Chile had signed a joint statement with the US to begin consultations on rare earths and critical minerals.

Mar 13, 2026 17:08

Mar 13, 2026 09:40

Critical Metals Secures $30M for Greenland Rare Earth Project Amid Global Supply Chain Shift

Rare earth developer Critical Metals Corp. (Critical Metals) approved $30 million in funding to accelerate development of its Tanbreez rare earth project in Greenland. Tanbreez is one of the world’s largest known rare earth deposits. The company said the funding would be used to advance drilling, infrastructure, engineering design, and mineral processing and metallurgical testing required for production. The move came as the US and its allies were building supply chains for critical minerals essential to electronics, national defense, and clean energy technologies.

Mar 13, 2026 09:40