China’s holmium oxide production in March was 44 mt, flat MoM. The output in Guangxi and Jiangsu increased MoM, while the output in Jiangxi decreased slightly.
The reduction in the operating rate caused by the workers returning home for the CNY holiday restored in March. The output of holmium oxide in Guangxi and Jiangxi increased by 9% and 2% respectively. Due to the insufficient supply of ion-absorption ore in Jiangxi, the output of medium-heavy rare earths decreased and the local holmium oxide output dropped by 2%.

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