SMM renewable energy industry data

In August 2025, China's sintered NdFeB magnetic material industry showed a MoM decline in production but saw the consolidation of advantages among top-tier enterprises. According to SMM's frontline survey data, the national total production of sintered NdFeB reached 29,599 mt that month, down approximately 6.3% MoM. In terms of production structure, top-tier enterprises produced 20,904 mt, accounting for 70.45% of the total; mid-tier enterprises produced 6,997 mt, accounting for 23.74%; and small-tier enterprises accounted for only 5.81%.

On Tuesday, US President Trump mentioned during a press conference with South Korean President Lee Jae-myung that if China were to halt the export of rare earth magnets again, "countermeasures such as imposing 200% tariffs would be taken." However, he acknowledged that such high tariffs would signify a breakdown in bilateral trade. Subsequently, China's Foreign Ministry responded, stating that China consistently handles and advances China-US relations based on the principles of mutual respect, peaceful coexistence, and win-win cooperation, while firmly safeguarding its own sovereignty, security, and development interests.

SMM's Latest Market Update (July 30): Mainstream transaction prices for Pr-Nd oxide: 531,500 yuan/mt (up 11,000 yuan from the previous day), mainstream transaction prices for Pr-Nd alloy: 645,000 yuan/mt (up 20,000 yuan from the previous day). In addition to Pr-Nd oxide and alloy, single Pr oxide, single Nd oxide, Pr metal, and Nd metal all showed significant increases exceeding 10,000 yuan/mt.

SMM's Latest Market Update (July 30): Mainstream transaction prices for Pr-Nd oxide: 531,500 yuan/mt (up 11,000 yuan from the previous day), mainstream transaction prices for Pr-Nd alloy: 645,000 yuan/mt (up 20,000 yuan from the previous day). In addition to Pr-Nd oxide and alloy, single Pr oxide, single Nd oxide, Pr metal, and Nd metal all showed significant increases exceeding 10,000 yuan/mt.

In July, the price trend of Pr-Nd alloy continued to rise, increasing from an average price of 545,000 on July 3rd to 635,000 on July 28th, with a monthly increase exceeding 16%, marking the highest year-on-year increase since 2011.

Rare-Earth-Metals refer to a set of 17 elements that share similar chemical characteristics and play a vital role in numerous high-tech industries. This group includes yttrium, scandium, and the fifteen lanthanides, all known for their distinctive magnetic, luminescent, and electrochemical properties. Although the term "Rare-Earth-Metals" suggests scarcity, these elements are actually fairly common within the Earth's crust. However, they seldom occur in concentrated and economically viable deposits. The processes involved in extracting and refining these metals are intricate and pose significant environmental challenges, which adds to their high value and strategic significance.

Rare Earth elements, also known as Rare Earth metals, consist of a group of seventeen chemical elements in the periodic table, including the fifteen lanthanides in addition to scandium and yttrium. These elements are vital due to their distinctive properties that serve various high-tech industries. Rare Earth elements play an essential role in the manufacturing of advanced electronics, renewable energy systems, electric vehicles, and national defense technologies. Although termed "Rare Earth," these elements are relatively plentiful in the Earth's crust. However, they are rarely found in concentrations that are economically feasible for extraction and refinement, which makes their mining and processing both complex and costly.

Ontario Independent Electricity System Operator has announced the result of Canada’s biggest energy storage bidding result, selecting nearly 1.8GW of projects through a Request for Proposals (RFP).

Rare earth elements are a crucial mineral resource in modern technology and industry. In recent years, the price of rare earth metals has attracted much attention, as they are an important raw material in the high-tech industry. The application of rare earth elements in electric vehicles, wind power generation, smartphones and other fields is becoming increasingly widespread.Its price fluctuations directly affect the stability of the global industrial chain, causing investors and companies to pay attention to the dynamics of the rare earth market. The market price of rare earth metals is influenced by various factors. Therefore, for industry participants who are concerned about rare earth prices, it is necessary to pay close attention to changes in the supply chain, understand the supply and demand situation in the rare earth market and strengthen technological innovation. Only in this way can we remain invincible in the rare earth market and achieve sustainable development. In sum, rare earth metals prices, rare earth prices, rare earth market prices, and rare earth element prices are interrelated. Investors and businesses need to have a comprehensive understanding of market trends, seize opportunities, and avoid risks in order to achieve better development.