China's Imports and Exports of Other Cerium Compounds by Country in March 2025

[SMM Rare Earth End-user Briefing] Recently, the CGN Yangjiang Fanshi Section 2-2 Project completed full-site hoisting, and 25 Goldwind Science&Technology GWH266-16.2MW offshore wind turbines achieved batch application. After grid connection, the project is expected to generate about 1.41 billion kWh of electricity annually, consistently supplying clean power to the Guangdong-Hong Kong-Macau Greater Bay Area, marking the large-scale verification of 16 MW class turbines in complex deep-sea environments. This turbine has a rotor diameter of 266 meters, with an approximately 11% increase in swept area compared to the previous generation product and an approximate 6% increase in annual power generation at the same site. Currently, Goldwind Science&Technology has cumulatively grid-connected over 45 offshore wind turbines of 16 MW and above, with a total capacity of nearly 750,000 kW. As China plans to add about 100 million kW of offshore wind construction scale during the 15th Five-Year Plan period, large-capacity turbines with batch delivery capability will further promote deep-sea wind power development.

[SMM Rare Earth Flash News] Japan Organization for Metals and Energy Security (JOGMEC) and Toyota Tsusho have announced that JOGMEC will invest up to C$47.7 million (approximately $33.9 million) in Toyota Tsusho’s Namibian rare earth project company to jointly develop the Lofdal heavy rare earth mine in Namibia. This is expected to become Japan’s first rare earth mine project in Africa, enhancing the supply security of critical minerals. The Lofdal deposit is rich in heavy rare earth elements such as dysprosium and terbium, which can be used in permanent magnetic materials for NEV motors, among other applications. The two parties will conduct a feasibility study through a newly established project company and plan to make a final investment decision in fiscal year 2027.