SMM Output For Pr-Nd Oxide In July And Forecast For August

SHANGHAI, Aug 14 (SMM) –

In July 2023, domestic production of Pr-Nd oxide was 6,064 mt, a decrease of 2% MoM. The reduction in Guangdong was more obvious, and the output in other regions fluctuated less than in June.

According to SMM research, due to equipment instability of some separation plants in Guangdong after relocation, the normal production of oxides in July was disturbed and the local output in July decreased by 64% month-on-month. Although the Universiade was held in Sichuan, the shutdown time in July was relatively short, so the output has not been significantly reduced. However, according to the report of the local separation plants, its suspension is expected to continue until mid-August, so it is expected that a drastic output reduction in Sichuan may occur in August.