July 15 SMM spot price of rare earths: light rare earths fall neodymium oxide down 10000 yuan / ton

[SMM Magnesium Survey: Ex-China Magnesium Resource Development Accelerates, US and European Local Supply Expected to Fill Gap] Australia’s Latrobe fly ash magnesium extraction demonstration plant is 33% complete, with all capacity locked in for the US market, and plans to produce magnesium in H2 2026, filling the gap of no primary magnesium in the US; Canada’s Greenland has received C$7 million in funding to advance brine-based magnesium extraction tests at a molybdenum mine in Greenland, has obtained a magnesium mining permit, and is expanding magnesium resource supply for Europe and the US.

SMM, July 2 — According to SMM, Shandong Humon has launched a public tender today for its selenium ingots, grade Se99. The quantity is 7,039.15 kilograms. Per the official announcement, the selenium ingots comply with the standard YS/T 223-2007 (see the attached assay certificate for details) and are packaged in white iron drums. Delivery is on a buyer's self-collection basis, with freight costs borne by the buyer. Transport must comply with national regulations, using vehicles with full hazardous chemical transport qualifications. The buyer must collect the goods by July 24, 2026. The delivery location is Shandong Humon Smelting Co., Ltd.

[June silicon metal production up 8% MoM, July supply continues to rise] According to SMM data, silicon metal production in June was 358,400 mt, up 8.2% MoM and up 9.3% YoY. Cumulative silicon metal production from January to June 2026 was 1.9903 million mt, up 6% YoY.