The rare earth market showed a two-tiered differentiation, with medium-heavy rare earth stabilizing after a decline. [SMM Rare Earth Daily Review]

Published: Apr 25, 2025 13:45
SMM Rare Earth Daily Review: Rare Earth Market Shows Divergence, Medium-Heavy Rare Earth Stabilizes. Today, the rare earth market prices exhibited a divergence trend. Specifically, in the oxide market, the price of Pr-Nd oxide decreased to 405,000-407,000 yuan per mt, the price of dysprosium oxide remained stable at 1.6-1.62 million yuan per mt, and the price of terbium oxide maintained at 6.74-6.8 million yuan per mt.

View SMM Rare Earth Quotations, Data, and Market Analysis

Order and View SMM Metal Spot Historical Price Trends

SMM, April 25: Today, the rare earth market prices showed a two-tiered differentiation trend. Specifically, in the oxide market, the price of Pr-Nd oxide decreased to 405,000-407,000 yuan per mt, the price of dysprosium oxide remained stable at 1.6-1.62 million yuan per mt, the price of terbium oxide maintained at 6.74-6.8 million yuan per mt, and the price of gadolinium oxide remained stable at 160,000-162,000 yuan per mt. The price of holmium oxide increased to 492,000-498,000 yuan per mt, while the price of erbium oxide fluctuated between 298,000-303,000 yuan per mt.

In the metal market, the price of Pr-Nd alloy decreased to 498,000-502,000 yuan per mt, the price of dysprosium-iron alloy remained stable at 1.6-1.61 million yuan per mt, the price of terbium metal decreased to 8.45-8.5 million yuan per mt, the price of gadolinium-iron alloy remained stable at 159,000-161,000 yuan per mt, the price of holmium-iron alloy increased to 505,000-515,000 yuan per mt, and the price of lanthanum-cerium alloy fluctuated between 17,000-22,000 yuan per mt.

Currently, the rare earth market prices overall show a two-tiered differentiation trend. In the medium-heavy rare earth market, as prices continued to decline, the selling frenzy among traders has ended, and the market prices have stabilized, returning to a relatively stable state. Meanwhile, in the light rare earth market, due to the lack of improvement in downstream end-use demand, the prices of Pr-Nd products continue to decline. Therefore, the rare earth market overall presents a two-tiered differentiation pattern, with medium-heavy rare earth prices stabilizing and light rare earth prices slightly weakening. It is expected that in the short term, the prices of medium-heavy rare earths will remain stable, while the prices of light rare earths may continue to weaken slightly.

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
USA Rare Earth to Start Commercial Magnet Shipments in April, Aiming for 1,200 mt Annual Capacity by 2027
1 hour ago
USA Rare Earth to Start Commercial Magnet Shipments in April, Aiming for 1,200 mt Annual Capacity by 2027
Read More
USA Rare Earth to Start Commercial Magnet Shipments in April, Aiming for 1,200 mt Annual Capacity by 2027
USA Rare Earth to Start Commercial Magnet Shipments in April, Aiming for 1,200 mt Annual Capacity by 2027
USA Rare Earth will begin commercial shipments of magnets in April. According to a company statement, the first rare earth magnet production line at its Stillwater, Oklahoma facility has been put into operation and is expected to reach full capacity of 600 mt per year by month-end December. In January this year, USA Rare Earth signed a non-binding agreement with the US Department of Commerce and planned to receive $1.6 billion in funding support to build a mine, thereby providing raw material for its magnet production. USA Rare Earth said that by 2027, the capacity of its Oklahoma magnet plant should reach 1,200 mt per year.
1 hour ago
Appia Advances Rare Earths and Uranium Projects in Canada and Brazil, Focusing on EV and Clean Energy Materials
2 hours ago
Appia Advances Rare Earths and Uranium Projects in Canada and Brazil, Focusing on EV and Clean Energy Materials
Read More
Appia Advances Rare Earths and Uranium Projects in Canada and Brazil, Focusing on EV and Clean Energy Materials
Appia Advances Rare Earths and Uranium Projects in Canada and Brazil, Focusing on EV and Clean Energy Materials
Appia Rare Earths & Uranium Corp. (CSE: API) is advancing its diversified portfolio of rare earth element (REE) and uranium projects in Canada and Brazil, providing materials critical to electrification and clean energy technologies. The company is particularly focused on magnetic rare earths such as neodymium and praseodymium, which are key raw materials for EVs, wind turbines, advanced electronics, as well as uranium. Its flagship Alces Lake project, located in Saskatchewan, hosts high-grade monazite mineralization, with reported total rare earth oxide (TREO) grades of up to 50%. The mineralization occurs at or near surface, enhancing potential economic feasibility and benefiting from proximity to the Saskatchewan Research Council's processing facilities.
2 hours ago
American Rare Earths Starts Magnet Production in Oklahoma, Aims for 600 mt/year by December
7 hours ago
American Rare Earths Starts Magnet Production in Oklahoma, Aims for 600 mt/year by December
Read More
American Rare Earths Starts Magnet Production in Oklahoma, Aims for 600 mt/year by December
American Rare Earths Starts Magnet Production in Oklahoma, Aims for 600 mt/year by December
[SMM Rare Earth Bulletin] American Rare Earths announced that the first rare earth magnet production line at its Stillwater, Oklahoma facility had been put into operation, with commercial shipments to begin in April, and it was expected to reach full capacity of 600 mt per year by the end of December. The company said the plant's capacity would increase to 1,200 mt/year by 2027. In January this year, American Rare Earths signed a non-binding agreement with the US Department of Commerce for $1.6 billion in funding support to build a mine to supply raw material for magnet production.
7 hours ago