July 19 SMM spot price of rare earths: neodymium oxide down 8000 yuan / ton

[SMM Magnesium Express]Yesterday, Donghe New Materials announced that its controlling subsidiary, Inner Mongolia Hemguli Materials, plans to invest no more than 320 million yuan to construct a 200,000-ton-per-year fused magnesia project in Kulan Banner, Tongliao City, Inner Mongolia. The project will produce 100,000 tons each of ordinary fused magnesia and large-crystal fused magnesia annually, with a construction period of approximately 20 months. It will also include a supporting new energy project integrating power generation, grid, load, and storage, with green electricity accounting for over 90%. This marks the transition of Liaoning's magnesia enterprises from planning to actual construction in cross-regional "green power + magnesia" capacity deployment. With deeper integration of green power and magnesia production, the green transformation and cost optimization process of the magnesia industry is expected to accelerate further.

[SMM Titanium Flash News] Yesterday, according to industry media reports, the first phase of the annual 100,000-ton high-performance titanium and composite materials project by Hunan Hongwang Titanium Materials Technology Co., Ltd. was launched in Loudi. This project is one of the top ten industrial projects in Hunan Province for 2026, with production capacity for 30,000 tons of titanium ribbon, 50,000 tons of titanium-aluminum composite materials, and 20,000 tons of pure titanium and titanium-aluminum composite discs, filling the gap in large-scale production of high-end titanium ribbon and composite materials within the province. Meanwhile, Hongwang Group has secured vanadium-titanium magnetite mining rights in Tanzania, Africa, and plans to invest 3.5 billion yuan to establish an overseas raw material base, forming a full-chain layout of "overseas resources—local processing—domestic market." With both resource and processing ends connected, the domestic substitution process of titanium materials in aerospace, new energy, and other fields is expected to further accelerate.

[SMM Titanium Flash News]Recently, according to a report by Zunyi Release, the overall construction progress of the 4,500-ton titanium metal processing project in Tongzi County, Guizhou, has reached 95%, with all main components completed and fully entering the final sprint phase. With a total investment of 200 million yuan, the project will achieve an annual production capacity of 4,500 tons of titanium products, focusing on high-quality titanium processing products for aviation, aerospace, and civilian sectors. This project will effectively address the shortcomings in the regional new materials industry and enhance the capacity for refined titanium processing. As the project comes into operation, Tongzi County's titanium industry system is expected to further improve, injecting new momentum into the transformation and upgrading of the local industrial economy.