On March 26, the Central Ministry of Finance and the Kachin State Government jointly issued a notice regarding the export of rare earth. According to the government customs regulations, starting from March 27, 2025, the legally mined and long-stored rare earth from the eastern province mining area will officially be exported. The relevant matters are notified as follows:
(1) The tax for enterprises participating in construction projects is 35,000 yuan per mt.
(2) The tax for enterprises not participating in construction projects is 33,333.33 yuan per mt.
(3) Enterprises participating in construction projects must continue to pay 60% of the project funds.
(4) Invoices must be issued for the export of rare earth.
(5) To prevent the loss and smuggling of rare earth, relevant departments will strictly supervise.
![[SMM Rare Earth Morning Meeting Summary] Pr-Nd oxide gains narrowed in the afternoon with a slight correction, metals remained stagnant with few transactions, and magnetic material long-term contract deliveries squeezed out spot orders.](https://imgqn.smm.cn/usercenter/rqOXm20251217171744.jpeg)
