Monthly Rare Earth Market Report Jul 2023

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Exchange rate of U.Asian Metal Copyright2 China's dysprosium oxide major producers' output in July 2023 up by 5.Asian Metal CopyrightS. dollar against Chinese Yuan in July 2023 declines by 935 basis point MoM 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 PrNd oxide 99%min EXW China 3
3.1.2 PrNd mischmetal 99%min Nd2O3 75% EXW China 3
3.1.Asian Metal Copyright7 YSM's low weight rare earth magnet material expansion project to begin production 7 5.Asian Metal Copyright3 Neodymium oxide 99.5%min EXW China 3
3.1.4 Neodymium metal 99%min EXW China 3
3.1.Asian Metal Copyright3.Asian Metal Copyright5 Praseodymium 99.5%min EXW China 3
3.1.Asian Metal Copyright3 Neodymium oxide 99.Asian Metal Copyright6 Dysprosium oxide 99.5%min EXW China 4
3.1.7 Ferrodysprosium 80% EXW China 4
3.1.Asian Metal Copyright5%min EXW China 3 3.Asian Metal Copyright8 Terbium oxide 99.99%min EXW China 4
3.1.Asian Metal Copyright13 Yttrium oxide 99.Asian Metal Copyright9 Terbium metal 99.9%min EXW China 4
3.1.10 Chinese cerium oxide market 4
3.1.11 Chinese lanthanum oxide market 5
3.1.Asian Metal Copyright2 China Northern Rare Earth lowers rare earth concentrate price for Q3 6 4.Asian Metal Copyright12 Europium oxide 99.999%min EXW China 5
3.1.Asian Metal Copyright dollar against Chinese Yuan in July 2023 declines by 935 basis point MoM 3 3.Asian Metal Copyright13 Yttrium oxide 99.999%min EXW China 5
3.2 Chinese Export Market 5
3.2.1 Neodymium metal 99%min FOB China 5
3.2.2 Ferrodysprosium 80% FOB China 5
3.2.Asian Metal Copyright5% MoM 11 5.Asian Metal Copyright3 Lanthanum oxide 99.9%min FOB China 5
3.3. International Market 6
3.3.1 European praseodymium oxide market 6
3.3.2 European cerium oxide market 6
4. Company News 6
4.1 Zhongke Magnet to expand permanent magnet materials capacity to 29.5ktpy 6
4.2 China Northern Rare Earth lowers rare earth concentrate price for Q3 6
4.3 Northern Rare Earth H1 concentrate smelting and separation outputs hit record high 6
4.4 Northern Rare Earth plans to produce 161.4kt of REO in 2023 6
4.5 China Northern Rare Earth lowers rare earth concentrate price for Q3 6
4.6 Chaori Technology to increase bonded magnetic powder output 6
4.7 YSM's low weight rare earth magnet material expansion project to begin production 7
5. Producers Statistics 7
5.1 China's PrNd oxide production statistics 7
5.1.Asian Metal Copyright5%min EXW China 4 3.Asian Metal Copyright1 China's PrNd oxide producers' average operating rate in July 2023 edges up by 0.64% MoM 7
5.1.Asian Metal Copyright999%min EXW China 5 3.Asian Metal Copyright2 China's PrNd oxide producers' output in July 2023 up by 1.02% MoM 7
5.1.Asian Metal Copyright999%min EXW China 16 8.Asian Metal Copyright3 China's PrNd oxide producers' stocks in July 2023 down by 0.1% MoM 8
5.2 China's PrNd mischmetal production statistics 8
5.2.Asian Metal Copyright11 Chinese lanthanum oxide market 5 3.Asian Metal Copyright1 China's PrNd mischmetal major producers' average operation rate in July 2023 down by 1.72% MoM 8
5.2.Asian Metal Copyright1.Asian Metal Copyright2 China's PrNd mischmetal major producers' output in July 2023 down by 2.64% MoM 8
5.2.Asian Metal Copyright4 China's dysprosium oxide production statistics 10 5.Asian Metal Copyright3 China's PrNd mischmetal producers' stocks in July 2023 declines by 7.13% MoM 9
5.3 China's neodymium metal production statistics 9
5.3.1 China's neodymium metal major producers' average operating rate in July 2023 unchanged MoM 9
5.3.2 China's neodymium metal major producers' output in July 2023 level off MoM 10
5.3.3 China's neodymium metal producers' stocks in July 2023 unchanged MoM 10
5.4 China's dysprosium oxide production statistics 10
5.4.Asian Metal Copyright Market Outlook for Next Month 15 8.Asian Metal Copyright1 China's dysprosium oxide major producers' average operating rate in July 2023 increases by 2.23% MoM 10
5.4.Asian Metal Copyright1.Asian Metal Copyright2 China's dysprosium oxide major producers' output in July 2023 up by 5.74% MoM 11
5.4.Asian Metal Copyright1.Asian Metal Copyright3 China's dysprosium oxide major producers' stocks in July 2023 down by 0.5% MoM 11
5.5 China's ferrodysprosium production statistics 12
5.5.Asian Metal Copyright1.Asian Metal Copyright1 China's ferrodysprosium major producers' average operating rate in July 2023 declines by 6.17% MoM 12
5.5.Asian Metal Copyright5ktpy 6 4.Asian Metal Copyright2 China's ferrodysprosium major producers' output in July 2023 down by 12.3% MoM 12
5.5.3 China's ferrodysprosium major producers' inventories in July 2023 unchanged MoM 12
6. Customs Statistics (June 2023) 13
6.1 China's rare earth export volume in June 2023 climbs by 9.5% MoM 13
6.1.1 China's neodymium oxide export volume 13
6.1.2 China's dysprosium oxide export volume 13
6.1.3 China's terbium oxide export volume 14
6.1.4 China's lanthanum oxide export volume 14
6.1.5 China's cerium oxide export volume 14
6.2 China's rare earth average export price in June 2023 down by 35.5% MoM 15
7. Relevant Industry News 15
7.1 NdFeB Magnet industry 15
7.2 SmCo magnet industry 15
7.3 Rare earth phosphors industry 15
8. Market Outlook for Next Month 15
8.1 Chinese domestic market 15
8.1.1 PrNd oxide EXW China 15
8.1.2 PrNd mischmetal EXW China 15
8.1.Asian Metal Copyright1 China's ferrodysprosium major producers' average operating rate in July 2023 declines by 6.Asian Metal Copyright3 Neodymium oxide 99.5%min EXW China 15
8.1.4 Neodymium metal 99%min EXW China 16
8.1.Asian Metal Copyright64% MoM 7 5.Asian Metal Copyright5 Praseodymium oxide 99.5%min EXW China 16
8.1.Asian Metal Copyright1.Asian Metal Copyright6 Dysprosium oxide 99.5%min EXW China 16
8.1.7 Ferrodysprosium 80% EXW China 16
8.1.Asian Metal Copyright3 Rare earth phosphors industry 15 8.Asian Metal Copyright8 Terbium oxide 99.99%min EXW China 16
8.1.Asian Metal Copyright3.Asian Metal Copyright9 Terbium metal 99.9%min EXW China 16
8.1.Asian Metal Copyright2 China's neodymium metal major producers' output in July 2023 level off MoM 10 5.Asian Metal Copyright10 Cerium oxide 99.9%min EXW China 16
8.1.Asian Metal Copyright1.Asian Metal Copyright11 Lanthanum oxide 99.9%min EXW China 16
8.1.Asian Metal Copyright64% MoM 8 5.Asian Metal Copyright12 Europium oxide 99.999%min EXW China 16
8.1.Asian Metal Copyright2 Chinese Export Market 5 3.Asian Metal Copyright13 Yttrium oxide 99.999%min EXW China 16
8.2 Chinese Export market 16
8.2.1 Neodymium metal 99%min FOB China 16
8.2.2 Ferrodysprosium 80% FOB China 16
8.2.Asian Metal Copyright9 Terbium metal 99.Asian Metal Copyright3 Lanthanum oxide 99.9%min FOB China 16
8.3 International Market 16
8.3.Asian Metal Copyright8 Terbium oxide 99.Asian Metal Copyright1 Praseodymium oxide 99.5%min in warehouse Rotterdam 16
8.3.Asian Metal Copyright3 China's neodymium metal production statistics 9 5.Asian Metal Copyright2 Cerium oxide 99.9%min in warehouse Rotterdam 16


.Asian Metal Copyright3 China's terbium oxide export volume 14 6Asian Metal Copyright