China December Terbium oxide Output and Forecast for January

China’s terbium oxide output in December was 38 mt, down 8.3% MoM. The dip was mainly reflected in Jiangxi.

According to SMM research, heavy losses led scrap recyclers to cut operating rate, thereby lowering domestic terbium oxide production. Muted demand and rolling price drop resulted in less terbium oxide transactions. With the end of maintenance of separation plants, terbium oxide output will rebound slightly in January 2024.