China Northern Rare Earth announced in the evening of July 10: Based on the pricing method for rare earth concentrates and the prices of rare earth oxides in Q2 2025, after calculation and approval by the company's 11th General Manager's Office Meeting in 2025, the transaction price for rare earth concentrates in Q3 2025 has been adjusted to 19,109 yuan/mt (dry basis, REO=50%), with an increase or decrease of 382.18 yuan/mt for every 1% increase or decrease in REO, excluding tax. Compared with the transaction price of 18,825 yuan/mt in Q2 2025, the price of 19,109 yuan/mt represents an increase of 284 yuan/mt, up 1.51% QoQ.