Japan and India in Talks to Explore Rare Earth Minerals in Rajasthan, Tech Support Expected
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![Pr-Nd and Germanium Prices Continued to Rise, Minor Metal Sector Gained for Three Consecutive Days, Western Metal Materials and Yunnan Germanium Industry Hit Daily Limit [SMM Express]](https://imgqn.smm.cn/usercenter/LYGyd20251217171725.jpg)
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Pr-Nd Alloy Prices Surge 6.5% in a Week, Driven by Supply Tightening and Strong Demand【SMM Rare Earth Analysis】
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As of now, Pr-Nd alloy prices continued to rise from the morning, reaching 980,000-985,000 yuan/mt, up approximately 60,000 yuan/mt from 915,000-930,000 yuan/mt a week ago, a gain of about 6.5%. This price increase was primarily driven by expectations of supply tightening and growing end-use demand.
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