Monthly Rare Earth Market Report May 2025

Contents

1. Market Highlights 3
2. Economy and Policy 3
2.1 China adjusts tariffs on US imports 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 Copyright2 Chinese Export Market 5 3.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 4
3.1.Asian Metal Copyright Economy and Policy 3 2.Asian Metal Copyright6 Dysprosium oxide 99.5%min EXW China 4
3.1.7 Ferrodysprosium 80% EXW China 4
3.1.Asian Metal Copyright3.Asian Metal Copyright8 Terbium oxide 99.99%min EXW China 4
3.1.Asian Metal Copyright3 Xiamen Tungsten's rare earth permanent magnet project nears commissioning 6 4.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 Copyright1.Asian Metal Copyright12 Europium oxide 99.999%min EXW China 5
3.1.Asian Metal Copyright32% MoM 11 5.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 Copyright International Market 6 3.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 Sanlong New Materials gets approval to expand rare earth metals and alloys capacity 6
4.2 Chenguang Rare Earths to accelerate Ngualla project via acquisition 6
4.3 Xiamen Tungsten's rare earth permanent magnet project nears commissioning 6
4.4 Mianning inks deal for 30ktpa REO processing project 6
4.5 Joint laboratory for rare earth photofunctional materials inaugurated in Baotou 6
5. Producers Statistics 6
5.1 China's PrNd oxide production statistics 6
5.1.Asian Metal Copyright3.Asian Metal Copyright1 China's PrNd oxide producers' average operating rate in May 2025 down by 0.10% MoM 6
5.1.Asian Metal Copyright4.Asian Metal Copyright2 China's PrNd oxide producers' output in May 2025 down by 3.89% MoM 7
5.1.Asian Metal Copyright1.Asian Metal Copyright3 China's PrNd oxide producers' stocks in May 2025 declines by 10.34% MoM 7
5.2 China's PrNd mischmetal production statistics 8
5.2.Asian Metal Copyright1.Asian Metal Copyright1 China's PrNd mischmetal major producers' average operation rate in May 2025 down by 2.26% MoM 8
5.2.Asian Metal Copyright2 Ferrodysprosium 80% FOB China 5 3.Asian Metal Copyright2 China's PrNd mischmetal major producers' output in May 2025 drops by 3.18% MoM 8
5.2.3 China's PrNd mischmetal producers' stocks in April 2025 unchanged MoM 9
5.3 China's neodymium metal production statistics 9
5.3.Asian Metal Copyright4 Mianning inks deal for 30ktpa REO processing project 6 4.Asian Metal Copyright1 China's neodymium metal major producers' average operating rate in May 2025 down by 2.85% MoM 9
5.3.Asian Metal Copyright99%min EXW China 4 3.Asian Metal Copyright2 China's neodymium metal major producers' output in May 2025 down by 2.86% MoM 9
5.3.3 China's neodymium metal producers' stocks in May 2025 unchanged MoM 10
5.4 China's dysprosium oxide production statistics 10
5.4.Asian Metal Copyright4 Mianning inks deal for 30ktpa REO processing project 6 4.Asian Metal Copyright1 China's dysprosium oxide major producers' average operating rate in May 2025 rises by 3.20% MoM 10
5.4.Asian Metal Copyright32% MoM 11 5.Asian Metal Copyright2 China's dysprosium oxide major producers' output in May 2025 edges up by 1.47% MoM 10
5.4.Asian Metal Copyright3.Asian Metal Copyright3 China's dysprosium oxide major producers' stocks in May 2025 down by 1.53% MoM 11
5.5 China's ferrodysprosium production statistics 11
5.5.Asian Metal Copyright3.Asian Metal Copyright1 China's ferrodysprosium major producers' average operating rate in May 2025 down by 3.32% MoM 11
5.5.Asian Metal Copyright5%min EXW China 3 3.Asian Metal Copyright2 China's ferrodysprosium major producers' output in May 2025 down by 3.32% MoM 12
5.5.Asian Metal Copyright1 China adjusts tariffs on US imports 3 3.Asian Metal Copyright3 China's ferrodysprosium major producers' inventories in May 2025 declines by 34.31% MoM 12
6. Customs Statistics (Apr.2025) 12
6.1 China's rare earth export volume in April 2025 down by 15.6% MoM 12
6.1.1 China's neodymium oxide export volume 12
6.1.2 China's dysprosium oxide export volume 13
6.1.3 China's terbium oxide export volume 13
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 April 2025 drops by 44.3% YoY 14
.Asian Metal Copyright1Asian Metal Copyright