Export of Rare-earth Permanent Magnet Rises 3.2% in September

【SMM Rare Earth Flash】 Northern Rare Earth Magnet Materials' high-performance NdFeB rapid-quenching alloy project has achieved full interconnection of all 8 melting furnaces, entering trial production with capacity being gradually released and full operation expected by end-2026. Launched in April 2025 in Baotou's magnet materials cluster, the project adopts advanced domestic melting furnaces and intelligent conveying lines with flexible production capability, covering high-, mid-, and low-end NdFeB rapid-quenching alloy products. Once fully operational, it will become China's largest single-site rare earth magnetic material alloy production base, supporting the high-quality development of the "Two Rare Earth Bases."

[Major producer purchases boost Pr-Nd further, dysprosium stable while terbium weak] Yesterday, Pr-Nd oxide was driven by news of major producer purchases, with offers continuing to rise. Some metal enterprises made small restocking purchases, and the actual transaction price center moved upward. Dysprosium oxide entered a wait-and-see phase after the previous round of adjustments, with quotes unchanged, limited inquiries in the market, and spot transactions supported only by sporadic rigid demand. Terbium oxide quotes fell further, sellers still made concessions on shipments, high-priced offers lacked response, and the transaction center hovered near the low end.