China Wraps Up Latest Round of Rare Earth Reserves

Published: Mar 29, 2017 16:26

Save

China’s State Reserve Bureau concluded the latest round of rare earth stockpiling on March 28.

SHANGHAI, Mar. 29 (SMM) – China’s State Reserve Bureau concluded the latest round of rare earth stockpiling on March 28, with total purchasing volumes more than 3,000 tonnes since late 2016.

It was heard that 7 companies participated in the round of stockpiling bidding, namely China Minmetals, Baogang Group, CHALCO, Ganzhou Rare Earth Mineral, Rising Nonferrous Metals, Xiamen Tungsten, and China Nonferrous Metals Company, with details as below.

	2016.12.13		2017.01.19		2017.03.28
	Price (10,000 yuan/tonne)	Quantity (tonne)	Price (10,000 yuan/tonne)	Quantity (tonne)	Price (10,000 yuan/tonne)	Quantity (tonne)
Praseodymium Oxide	32.31	5	-	-	33.5	failure
Neodymium Oxide	25.59	45	-	-	27	220
Didymium Oxide	25.33	failure	26	1300	27.3	failure
Europium Oxide	42.2	60	45	80	50	170
Terbium Oxide	287.72	failure	300	95	310	178
Dysprosium Oxide	125.03	280	125	440	125	450
Erbium Oxide	17.11	330	-	-	17.8	failure
Lutetium oxide	429.7	16	-	-	452	failure
Yttrium Oxide	2.45	670	-	-	2.5	failure
Total		1406	-	1915	-	1018

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

rare earth rare earth exports china rare earth reserves

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

17 hours ago

India to build a six-month strategic stockpile of lithium, cobalt and rare earths as demand rises

Amid sustained demand growth, India plans to build a strategic reserve of critical minerals including lithium, cobalt, nickel, copper and rare earths. The stockpile will be sized to cover six months of domestic consumption, aiming to guard against risks of global supply disruptions and sharp raw material price volatility. Led by India’s Ministry of Mines and Ministry of Heavy Industries, the reserve covers key raw materials essential for new energy vehicles, energy storage and the electronics sector, fields where India currently relies heavily on imports. At present, the United States, China, South Korea and other countries have already established strategic reserve systems for critical minerals.

17 hours ago

Apr 30, 2026 22:07

Brazil's Rare Earth Development: Strategic Transition from Reserves to Industrial Chain【SMM Analysis】

Apr 30, 2026 22:07

Apr 30, 2026 21:46

NdFeB Output Hits Yearly High in April, Yet Profit Recovery Hampered by Cost Inversion【SMM Analysis】

In April 2026, the output of NdFeB blanks reached 32,603 metric tons, representing a significant month-on-month increase of 8.73% and a year-on-year rise of 9%. The industry-wide average operating rate climbed to 76.37%, indicating an accelerated expansion. According to SMM's frontline research, production is expected to further increase to 34,097 tons in May, a month-on-month growth of approximately 5%. If this forecast materializes, it will mark the highest production level since January 2025.

Apr 30, 2026 21:46