SMM Analysis On China September Medium-heavy rare earth Production And October Forecast

Published: Oct 15, 2024 12:43

Source: SMM

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In September 2024, the production of medium-heavy rare earth oxides saw a slight decline MoM, with the main reduction occurring in Jiangxi.

In September 2024, the production of medium-heavy rare earth oxides saw a slight decline MoM, with the main reduction occurring in Jiangxi. Jiangxi is a major producer of medium-heavy rare earths, and the insufficient demand for medium-heavy rare earth metals led to low enthusiasm for raw material stocking by metal factories, resulting in a slight reduction in oxide production. However, by the end of September, there was a significant increase in the import volume of Myanmar ores. Under these circumstances, it is expected that the production of medium-heavy rare earth oxides will increase in October.

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