NewsFlash / Rare Earth / Six Rare Earth Firms Licensed for Exports Amid 3.7% Mining Quota Hike Forecast
Six Rare Earth Firms Licensed for Exports Amid 3.7% Mining Quota Hike Forecast
iconMay 19, 2025 18:02
Source:SMM
[At least six rare earth magnetic material enterprises have been granted export licenses! Industry insiders: It is expected that the increase in rare earth mining quotas this year will be approximately 3.7%] ① As of May 18, Zhongke Sanhuan, Ningbo Yunsheng, Zhenghai Magnetic Material, Tianhe Magnetic Material, Insteel, and Earth-Panda had obtained rare earth export licenses; ② Before the introduction of rare earth export control measures, export orders could confirm revenue within a relatively short period, but now this cycle will be prolonged; ③ SMM predicts that the combined rare earth mining quotas for the two batches in 2025 will reach 280,000 mt, up approximately 3.7% YoY. (Finance Link)

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