China Northern Rare Earth raises Q1 concentrate prices further
2026-01-12 15:02:18 [Print]
China Northern Rare Earth (Group) High-Tech Co., Ltd. and Bao Gang United Steel Co., Ltd. have announced an adjustment to their related-party transaction price of rare earth concentrate for the first quarter of 2026.
The Q1 price is set at RMB 26,834/t (USD3,847/t), Ex-VAT (dry tonne, REO=50%). For every 1 percentage point change in REO, the Ex-VAT price will be adjusted by RMB536.68/t (USD76.94/t).
The new price is 2.4% higher than the previous quarter, marking the sixth consecutive quarterly increase since Q3 2024.
The Q1 price is set at RMB 26,834/t (USD3,847/t), Ex-VAT (dry tonne, REO=50%). For every 1 percentage point change in REO, the Ex-VAT price will be adjusted by RMB536.68/t (USD76.94/t).
The new price is 2.4% higher than the previous quarter, marking the sixth consecutive quarterly increase since Q3 2024.

