Southern Rare Earth Raised Prices for Many Rare Earth Products

China’s copper cathode output stood at 825,900 mt in November, up 4.6% month on month and 0.5% year on year

In general, the prices of PrNd alloy will move between 0.85-1 million yuan/mt in the next five years amid widening supply deficit, and are likely to volatile along with market sentiment.

China's rare earth exports came in at 3,955 mt in July, down 1.4% on the month, but up 144.2% on the year. The average export price of rare earth stood at $16,460/mt in July, up 23% on the month and 5% on the year.

Rare earth is a general term that refers to lanthanides comprising of the 15 metallic chemical elements, naming lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), promethium (Pm), Samarium (Sm), Europium (Eu), Gadolinium (Gd), Terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb), lutetium (Lu), as well as scandium (Sc) and yttrium (Y) that belong to the same group. They can also be divided into light rare earth elements and middle to heavy rare earth elements subject to atomic weight and respective physicochemical properties.

Prices of rare earths overcame downward momentum to hold stable in the week of March 19, SMM learned.

Jiangxi Province takes the lead to introduce the whole-industry chain controlling measures of rare earth.

Fujian exported 106 batches of rare earth products in the first half of 2017, which valued $13.822 million, up 87% YoY.

Molycorp has announced its decision to transition the Mountain Pass, California facility to a “care and maintenance” mode by October 20th.

The Critical Materials Institute (CMI) has licensed the new rare earth recycling technology to US Rare Earths, Inc.

Last Friday, the S&P/TSX Composite index (INDEXTSI:OSPTX) rose 80 points, or 0.5 percent, closing the day at 15,108.12 points.