Myanmar Earthquake of 7.9 Magnitude: No Immediate Impact on Rare Earth Ore Supply

Published: Mar 28, 2025 17:23

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At 14:20 on March 28, a 7.9-magnitude earthquake occurred in Myanmar (21.85 degrees north latitude, 95.95 degrees east longitude) with a focal depth of 30 kilometers. Previously, the Kachin region had already permitted the legal mining and import of long-stocked rare earth ore from the Longchuan area, and there is no news yet about newly produced rare earth ore. According to feedback from mine owners in the Longchuan area, the epicenter of this earthquake was relatively far away and has not affected normal road transportation, and it is expected that there will be no new impact on the supply of Myanmar ore. SMM will continue to monitor the subsequent market situation of Myanmar ore.

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