SMM China Rare Earth Market Daily on March 3

Published: Mar 3, 2025 18:27

Save

[March 3rd SMM China Rare Earth Market Daily] Today, the rare earth market saw low activity in both offers and inquiries. The demand for Pr-Nd products was weak, with prices slightly declining after midday; terbium oxide prices showed chaotic quotations today, with some suppliers tentatively quoting higher prices, but the increase in inquiry prices from buyers was slow. On the metals side, most companies exhibited strong sentiment of caution, and the market trading atmosphere was subdued.

SMM March 3 News: Today, the rare earth market saw low activity in both quotations and inquiries. Pr-Nd products experienced weak market demand, with prices slightly declining after midday; terbium oxide prices showed chaotic quotations today, as some suppliers tentatively offered higher prices, but buyers' inquiry prices rose at a slower pace. On the metals side, most companies exhibited a strong wait-and-see sentiment, and the market trading atmosphere remained subdued.

》Click to view the report content

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 18:46

Frontier Secures $20 Million and Signs Rare Earth Offtake Agreement

Luxembourg-based Frontier Rare Earths today announced it successfully obtained a $20 million investment from South Africa's Industrial Development Corporation (IDS) and signed an offtake agreement with France's Carester. The company has now initiated the final feasibility study for its South African magnet-use rare earth and battery-grade manganese project. Frontier Rare Earths is currently advancing the development of the Zandkopsdrift project in South Africa. The project is expected to achieve an annual capacity of approximately 3,038 mt of Pr-Nd oxide, 114 mt of dysprosium oxide, and 25 mt of terbium oxide over the first 25 years.

Feb 6, 2026 18:46

Feb 6, 2026 18:43

US Provides $565 Million in Financing for Brazilian Rare Earth Project

Serra Verde, a Brazilian rare earth element producer, announced today that the US International Development Finance Corporation (DFC) offered it a financing package worth $565 million, which also includes an option for the US government to acquire a minority stake in the company. Serra Verde’s Pela Ema ionic clay deposit in Brazil is scheduled to begin commercial production in 2024, with an expected annual output of 5,000 mt of total rare earth oxides, including dysprosium, erbium, neodymium, and praseodymium. Serra Verde plans to use the funds to refinance existing loan facilities and expand production capacity. The project aims to increase total rare earth oxide production to 6,500 mt per year by 2027.

Feb 6, 2026 18:43

Feb 6, 2026 18:42

US DFC Offers $565M Financing to Brazilian Rare Earth Project

[SMM Flash: US Provides $565 Million in Financing for Brazilian Rare Earth Project] Serra Verde (a Brazilian rare earth element producer) announced today that the US International Development Finance Corporation (DFC) has provided it with a financing package worth $565 million, which also includes an option for the US government to acquire a minority stake in the company. Serra Verde's Pela Ema ionic clay deposit in Brazil is scheduled to commence commercial production in 2024, with an expected annual output of 5,000 mt of total rare earth oxides, including elements such as dysprosium, erbium, neodymium, and praseodymium. Serra Verde plans to use the funds to refinance existing loan facilities and expand production capacity. The project aims to increase the annual production of total rare earth oxides to 6,500 mt by 2027.

Feb 6, 2026 18:42