[Live: Sharing of Cutting-Edge Technologies in Electric Control and Drive Motors, Breakthrough Opportunities in the Low-Altitude Economy Industry Chain, and Forward-Looking Insights into the Electrification Transformation of Commercial Vehicles] ►Planning for Electric Control Inverter Brick Technology ►Discussion on Detection and Evaluation Technologies for Drive Motor Insulation in High-Voltage Platforms ►Development of Magnesium Alloy Electric Drive Housings and Lightweight Design ►Design Characteristics of Drive Motors in High-Voltage and High-Frequency Environments ►Deepening Route for New Energy Technologies: Concurrent Advancement in Pure Electric, Plug-in Hybrid, and Hydrogen Fuel Cell Technologies ►Key Technologies for the R&D of Multi-Rotor Flying Cars ►Application of Diversified Energy Systems in eVTOLs ►Rethinking the Challenges in the Low-Altitude Economy Industry Chain and Data Management

[SMM Rare Earth Daily Review: Rare Earth Market Prices Rise Significantly Driven by Macro News Factors] Currently, rare earth market prices are showing a significant upward trend. This is mainly driven by the procurement activities of major manufacturers in the market and news factors. As major manufacturers engage in concentrated procurement, the availability of low-priced rare earths in the market tightens. Meanwhile, influenced by news factors, market confidence has been boosted, and suppliers are intentionally refusing to budge on prices, driving a significant price increase.

Although the China-U.S. dialogue in London sent a signal of easing tensions in the rare earth magnetic material trade, the current industry situation is still characterized by a contraction in short-term orders and a strong wait-and-see sentiment in the market. In the long term, Chinese magnetic material enterprises are leveraging the momentum to accelerate their transformation towards high-end and green development. Technological breakthroughs and supply chain restructuring will become key bargaining chips for restarting cooperation in the future.

[SMM Analysis: Exports of rare earth permanent magnets hit a new five-year low in May 2025. How will exports change in the future?] Although the regulated items are medium-heavy rare earths containing dysprosium and terbium, for permanent magnet products that do not contain medium-heavy rare earths such as dysprosium and terbium, customs authorities need to conduct identification. In cases where the license issued by the national export control management authority has not been presented to customs, customs authorities may question whether the items fall within the scope of export control. During the questioning period, export enterprises are required to provide corresponding materials to customs for verification. During the identification or questioning period, customs authorities will not release the relevant exported goods. Additionally, there were four days in April when exports were not subject to restrictions, which also contributed to the decline in exports in May compared to April.

[SMM Analysis: Rush to Transport Inventory Ore Before Rainy Season Leads to Surge in Imports of Unlisted Rare Earth Oxides in May] According to the feedback from miners, during the period when Myanmar's mines just resumed operations in April, there was a significant amount of local inventory ore in Myanmar. As the end of Q2 and the beginning of Q3 each year mark the local rainy season, miners were concerned that adverse weather conditions would hinder the transportation of ion-adsorption ore to China. Consequently, they expedited transportation in April-May, leading to a surge in imports of unlisted rare earth oxides during this period. It is anticipated that these imports will decline in June-July.

[SMM Rare Earth Morning Meeting Summary: Slow Recovery in Rare Earth Upstream Trading Due to Multiple Factors] Under the combined influence of news factors and procurement by major manufacturers, the confidence of suppliers has significantly improved, with quoted prices rising. The inquiry activity of downstream buyers has also increased, and the overall prices of rare earth oxides have begun to recover.

[Live: Global New Energy Vehicles & China's Low-Altitude Economy Outlook, Analysis of Electric Drive Metal Prices, Sharing of Innovative Technologies for Motor Materials] ►Analysis and Future Outlook of the Global New Energy Vehicle Market ►Development and Outlook of China's Low-Altitude Economy ►Development Opportunities and Challenges of Low-Altitude Electric Aircraft ►Industrialisation Breakthrough of Ultra-Thin Soft Magnetic Materials for High-Efficiency Drive Motors ►Price and Cost Analysis of Electric Drive Metal Materials