SHANGHAI, Feb 19 (SMM) – China Southern Rare Earth Group, one of the six, state-owned rare earth mining groups in China, on Monday issued its latest quotas for medium-to-heavy rare earth oxides.
It set listed price for terbium oxide at 3.75 million yuan/mt, down 150,000 yuan/mt from January 13, while the price for dysprosium oxide was cut by 100,000 yuan/mt to 1.8 million yuan/mt.
The company’s listed prices for gadolinium, erbium and holmium oxides, meanwhile, rose. The price for gadolinium oxide increased 2,000 yuan/mt to 163,000 yuan/mt, with erbium oxide up 5,000 yuan/mt to 155,000 yuan/mt, and holmium oxide up 24,000 yuan/mt to 330,000 yuan/mt.
Listed prices for other medium and heavy rare earth oxides, including samarium, europium, erbium, ytterbium, lutetium, yttrium and scandium oxides, were unchanged from January 13.
On February 17, samarium oxide was priced at 12,000 yuan/mt, europium oxide was at 220,000 yuan/mt, erbium oxide was at 150,000 yuan/mt, ytterbium oxide was at 100,000 yuan/mt, lutetium oxide was at 4.25 million yuan/mt, yttrium oxide was at 20,000 yuan/mt, and scandium oxide was at 9 million yuan/mt.