Rare Earth Market Report June 2017

Contents
1. Financial overview 3
1.1 China’s Manufacturing PMI index up by 0.Asian Metal Copyright27 China Minmetals Rare Earth applies for mining of Feitian rare earth mine 7 2.Asian Metal Copyright5%MOM to 51.7% in June of 2017 3
2. Company News 3
2.1 Rare Earth Industry Radioactive Contamination Control Center founded 3
2.2 Rare Earth Salts and Medallion Resources agree to produce rare earth products 4
2.3 Northern Minerals: MACA personnel and equipment arrive at Browns Range 4
2.4 Zhongyuan Magnet: Magnet orders in June unlikely to increase 4
2.5 Ucore Rare Metals enters development MOU with Commerce Resources 4
2.6 Hastings Technology Metals announces significant expansion of Bald Hill resources 4
2.7 Shanghai Yuelong’s operating rate in May less than 20% 4
2.8 Sino Magnetics Technology’s NdFeB magnet output in May up by 20% YOY 4
2.9 China Northern Rare Earth Group releases PrNd, lanthanum and cerium quotations for June 2017 4
2.10 Northern Minerals: Installation contract awarded to local contractor 5
2.11 Ucore Consortium wins USDOE bid for rare earths from coal industry 5
2.12 Northern Rare Earth SYL High-Tech to resume production in early July 5
2.13 Ganzhou Shuangxing to resume production in the coming week 5
2.14 RarNew achievement made on rare earth catalyst of doping control hydrogen evolution by researchers from XJTU 5
2.15 JL MAG’ high-performance magnet project to start trial production 5
2.16 Sheensen Magnetics’s NdFeB magnet output from this Jan. to May up by 30% YOY 5
2.17 Shandong Aike’s NdFeB magnet output in May keeps increasing YOY 5
2.18 Shanghai ROCO magnet’s output in May up by 71.4% YOY 6
2.19 Shenghe Resources’ joint stock company to win bidding for major rare earth mine project 6
2.20 Vitech Scientific: neodymium metal price to go up slightly 6
2.21 Ucore welcomes University of Kentucky to US Rare Earths Consortium 6
2.22 Baotou Weiming’s samarium metal output in June to down 12% MOM 6
2.23 Hastings Technology Metals receives exceptional results from drilling program at Yangibana North 6
2.24 Liaoning Meibao to resume PrNd oxide production one week later 6
2.25 Ardea Resources announces Kalpini drill results 6
2.26 Baotou rare earth new material project starts trial operation 7
2.27 China Minmetals Rare Earth applies for mining of Feitian rare earth mine 7
2.28 Kanhoo Industry purchases europium oxide from hand to mouth 7
2.29 Galaxy Magnets to see performance growth of 110%-125% in H1 of this year 7
2.30 Shin-Etsu Chemical to raise output of rare earth magnets in Vietnam 7
2.31 Galaxy Magnets to see performance growth of 110%-125% in H1 of this year 7
2.32 Shenghe Resources receives approval for jointly acquiring American rare earth ore 7
2.33 China Minmetals Rare Earth: rare earth market remains sluggish despite upward prices 7
2.34 Peak Resources: New field programs extend high grade fluorspar discovery 8
2.35 Multiple departments in Cenxi to jointly crack down on illegal mining of rare earth residual liquid 8
2.36 Reward policy for equipment replacement at rare earth new materials enterprises implemented in Rare Earth Hi-tech Zone 8
2.37 Zhongyuan Magnet: NdFeB magnet output in July may slides a bit 8
3. Production data 8
AM Statistics: China’s PrNd oxide producers’ outputs in June of 2017 up by 0.6% MOM to 70.3% 8
4. Chinese domestic market review 8
5. International market review 12
6. Export data 13
6.1 Cerium oxide export statistics – May 2017 (Customs code 28461010) 16
6.2 Cerium carbonates export statistics – May 2017 (Customs code 28461030) 16
6.3 Lanthanum oxide export statistics – May 2017 (Customs code 28469012) 16
6.4 Neodymium oxide export statistics – May 2017 (Customs code 28469013) 17
7. Related industry developments 19
8. Outlook for next month 19
.Asian Metal Copyright10 Northern Minerals: Installation contract awarded to local contractor 5 2Asian Metal Copyright