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

Published: Mar 28, 2025 17:23

Save

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.

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 for 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

Aug 15, 2026 08:27

Pr-Nd Led the Gains in H1: Semi-Annual Reports from 10 Rare Earth Enterprises Deliver Good News; With the Peak Season Approaching, Can the Market Rally Restart? [SMM Special Topic]

Aug 15, 2026 08:27

Aug 14, 2026 20:14

Germanium, Tantalum, Indium, and Pr-Nd Soar This Year, Multiple Enterprises Report Positive Interim Earnings Forecasts, Minor Metal Sector Strengthens, China Rare Earth Hits Limit Up [SMM News Flash]

Aug 14, 2026 20:14

Aug 14, 2026 18:11

[SMM Analysis] Pr-Nd Metal Prices Rebound Slightly, Market Awaits Peak Season Demand

SMM, Aug 14: Pr-Nd metal prices fell 1.13% this week but rebounded near the weekend to RMB 875,000/mt. Higher Pr-Nd oxide prices offered support, while volatile raw material costs kept some producers cautious. Net profit rose to RMB 2,574/mt, ending three weeks of losses. Downstream demand remained weak, but orders may improve as motor makers resume operations and the peak season approaches. Restocking could support prices, though gains depend on demand recovery and new oxide capacity.

Aug 14, 2026 18:11