Chaozhou to crack down on illegal rare earth operations Jun-Aug-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Inventory data
  • Rare earth
  • Copper scrap
  • Lithium
  • Evening comments
  • Market commentary
  • Copper
  • SMM
  • Cobalt
  • Aluminium
  • MMi Iron Ore Port Index
  • Futures movement
  • Customs data
  • Morning comments

Chaozhou to crack down on illegal rare earth operations Jun-Aug

Industry News 03:25:16PM May 30, 2019 Source:SMM

SHANGHAI, May 30 (SMM) – Chaozhou city in Guangdong province will launch a campaign against illegal mining, production, and trades of rare earth in June-August, according to a work meeting in the city on Wednesday May 29. 

SMM learned that prices of several products of rare earth extended their increases following the announcement. 

As of Thursday May 30, prices of praseodymium-neodymium oxide climbed 10,000 yuan/mt from May 29, to stand at 330,000-340,000 yuan/mt, SMM assessed. 

Prices of praseodymium oxide advanced 20,000 yuan/mt from the previous day, to 370,000-380,000 yuan/mt as of Thursday May 30, and prices of neodymium oxide grew 10,000 yuan/mt, standing at 330,000-350,000 yuan/mt. 

Key Words:  Market commentary  Rare earth 

Chaozhou to crack down on illegal rare earth operations Jun-Aug

Industry News 03:25:16PM May 30, 2019 Source:SMM

SHANGHAI, May 30 (SMM) – Chaozhou city in Guangdong province will launch a campaign against illegal mining, production, and trades of rare earth in June-August, according to a work meeting in the city on Wednesday May 29. 

SMM learned that prices of several products of rare earth extended their increases following the announcement. 

As of Thursday May 30, prices of praseodymium-neodymium oxide climbed 10,000 yuan/mt from May 29, to stand at 330,000-340,000 yuan/mt, SMM assessed. 

Prices of praseodymium oxide advanced 20,000 yuan/mt from the previous day, to 370,000-380,000 yuan/mt as of Thursday May 30, and prices of neodymium oxide grew 10,000 yuan/mt, standing at 330,000-350,000 yuan/mt. 

Key Words:  Market commentary  Rare earth