【SMM Rare Earth Morning Meeting Summary】Rare Earth Prices Slightly Declined, Market Transactions Were Weak

Published: Apr 16, 2025 09:01

Save

SMM Rare Earth Morning Meeting Summary: Rare Earth Prices Slightly Decline, Market Trading Remains Weak. Yesterday, the overall trading center of mainstream rare earth product prices experienced a slight decline, but the overall change was relatively small. Separation plant quotations remained firm, and some traders concluded transactions at lower prices, but the overall trading volume was relatively small.

View SMM Rare Earth Quotations, Data, and Market Analysis

Order and View SMM Metal Spot Historical Price Trends

SMM April 16 News:

Rare Earth Ore

Prices: The price of rare earth carbonate is around 3.48 million yuan/mt, monazite is about 42,300 yuan/mt, and medium-yttrium, europium-rich ore is approximately 189,500 yuan/mt.

Supply and Demand: Currently, suppliers in the rare earth ore sector are heavily cautious, with a relatively low willingness to sell, and the ore prices remain stable.

Rare Earth Oxides

Prices: The quotation range for Pr-Nd oxide is around 429,000-430,000 yuan/mt, the mainstream quotation range for dysprosium oxide is 1.69-1.7 million yuan/mt, and the quotation for terbium oxide has been adjusted to approximately 7.25-7.3 million yuan/mt.

Supply and Demand: Yesterday, the overall price center of mainstream rare earth products experienced a slight decline, but the overall change was relatively small. Separation plants maintained firm quotations, and some traders reported lower-priced transactions, but the overall trading volume was not significant.

Rare Earth Metals

Prices: The mainstream quotation range for Pr-Nd alloy is 525,000-530,000 yuan/mt, the quotation for dysprosium-iron alloy is about 1.65-1.67 million yuan/mt, and the quotation for terbium metal is approximately 8.9-9 million yuan/mt.

Supply and Demand: Yesterday, the price of Pr-Nd alloy showed slight weakness due to weak downstream procurement demand. Some regions reported low-price transactions, but most metal prices remained largely unchanged under significant raw material cost pressure.

NdFeB Blank

Prices: NdFeB blank N38 (Ce) was quoted at 142-152 yuan/kg; NdFeB blank 40M was quoted at 188-198 yuan/kg; NdFeB blank 40H was quoted at 192-202 yuan/kg; NdFeB blank 45SH (ce) was quoted at 242-262 yuan/kg.

Supply and Demand: Yesterday, as upstream raw material prices weakened, market inquiry activity slightly increased. In the magnetic material market, there were more tentative low-price inquiries, but actual low-price transactions remained scarce.

NdFeB Scrap

Prices: Pr-Nd recycled from NdFeB scrap was quoted at 440-451 yuan/kg; dysprosium recycled from NdFeB scrap was quoted at 1,609-1,635 yuan/kg; terbium recycled from NdFeB scrap was quoted at 5,287-5,341 yuan/kg.

Supply and Demand: Currently, the scrap market showed mediocre performance with low trading volume. Suppliers generally maintained a wait-and-see attitude, unwilling to sell at low prices, and the stalemate may continue in the short term.

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

23 hours ago

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.

23 hours ago

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.

23 hours ago

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.

23 hours ago