The Ministry of Commerce will continuously expedite the review of export license applications related to rare earths in accordance with laws and regulations, sending positive signals. Multiple spot market participants hold an optimistic attitude towards the future of rare earths. The news that several companies have announced obtaining export licenses has attracted market capital, driving the rare earth permanent magnet concept index to rise for two consecutive trading days. The increase in the rare earth permanent magnet concept index expanded significantly in the afternoon of June 30th. As of 14:18 on June 30th, the rare earth permanent magnet concept index rose by 2.72%. In terms of individual stocks: KanHoo rose by over 14%, Jiuling Technology and China Magnetics rose by over 12%, and Ningbo Yunsheng hit the daily limit. Beikuang Technology, Benlang New Materials, Yingsite, Earth-Panda, and others were among the top gainers.