Monthly Rare Earth Market Report Jan 2024

Contents

1. Market Highlights 3
2. Economy and Policy 3
2.1 Exchange rate of U.Asian Metal Copyright53% MoM 9 5.Asian Metal CopyrightS. dollar against Chinese Yuan in January 2024 climbs by 968 basis points 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 Copyright1.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 Copyright4 Neodymium metal 99%min EXW China 3 3.Asian Metal Copyright5 Praseodymium 99.5%min EXW China 4
3.1.Asian Metal Copyright999%min EXW China 16 8.Asian Metal Copyright6 Dysprosium oxide 99.5%min EXW China 4
3.1.7 Ferrodysprosium 80% EXW China 4
3.1.Asian Metal Copyright1.Asian Metal Copyright8 Terbium oxide 99.99%min EXW China 4
3.1.Asian Metal Copyright2.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 Copyright5%min EXW China 4 3.Asian Metal Copyright12 Europium oxide 99.999%min EXW China 5
3.1.Asian Metal Copyright9 Terbium metal 99.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 Copyright2 PrNd mischmetal 99%min Nd2O3 75% EXW China 3 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 China Rare Earth Group becomes actual controller of Rising Nonferrous Metal 6
4.2 China Northern Rare Earth announces Q1 rare earth concentrate price 6
4.3 Chaori Technology's bonded magnetic powder output to increase 6
4.4 Hengyuan Technology's NdFeB waste recycling project gets EIA approval 6
4.5 Lynas to increase PrNd products production capacity 6
4.6 Hunan Jingxiang's bonded magnetic powder output to increase 7
4.7 Dongguan Xinyuan Magnet to halt production 7
5. Producers Statistics 7
5.1 China's PrNd oxide production statistics 7
5.1.Asian Metal Copyright2 Ferrodysprosium 80% FOB China 16 8.Asian Metal Copyright1 China's PrNd oxide producers' average operating rate in January 2024 slide by 1.38% MoM 7
5.1.Asian Metal Copyright4 Neodymium metal 99%min EXW China 3 3.Asian Metal Copyright2 China's PrNd oxide producers' output in January 2024 down by 2.71% MoM 7
5.1.Asian Metal Copyright3.Asian Metal Copyright3 China's PrNd oxide producers' stocks in January 2024 down by 0.91% MoM 8
5.2 China's PrNd mischmetal production statistics 8
5.2.Asian Metal Copyright1 China Rare Earth Group becomes actual controller of Rising Nonferrous Metal 6 4.Asian Metal Copyright1 China's PrNd mischmetal major producers' average operation rate in January 2024 up by 8.21% MoM 8
5.2.Asian Metal Copyright5 Praseodymium oxide 99.Asian Metal Copyright2 China's PrNd mischmetal major producers' output in January 2024 down by 1.64% MoM 8
5.2.Asian Metal Copyright6% MoM 15 7.Asian Metal Copyright3 China's PrNd mischmetal producers' stocks in January 2024 slides by 0.53% MoM 9
5.3 China's neodymium metal production statistics 9
5.3.Asian Metal Copyright3 China's PrNd mischmetal producers' stocks in January 2024 slides by 0.Asian Metal Copyright1 China's neodymium metal major producers' average operating rate in January 2024 up by 3.08% MoM 9
5.3.Asian Metal Copyright5%min EXW China 4 3.Asian Metal Copyright2 China's neodymium metal major producers' output in January 2024 increases by 6.80% MoM 10
5.3.3 China's neodymium metal producers' stocks in January 2024 unchanged MoM 10
5.4 China's dysprosium oxide production statistics 10
5.4.Asian Metal Copyright1 Exchange rate of U.Asian Metal Copyright1 China's dysprosium oxide major producers' average operating rate in January 2024 up by 4.52% MoM 10
5.4.2 China's dysprosium oxide major producers' output in January 2024 level off MoM 11
5.4.Asian Metal Copyright2 European cerium oxide market 6 4.Asian Metal Copyright3 China's dysprosium oxide major producers' stocks in January 2024 edges up by 1.25% MoM 11
5.5 China's ferrodysprosium production statistics 12
5.5.1 China's ferrodysprosium major producers' average operating rate in January 2024 unchanged MoM 12
5.5.2 China's ferrodysprosium major producers' output in January 2024 level off MoM 12
5.5.3 China's ferrodysprosium major producers' inventories in January 2024 level off MoM 12
6. Customs Statistics (November 2023) 13
6.1 China's rare earth export volume in December 2023 down by 18.2% 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 December 2023 down by 16.6% 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 Copyright2.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 Copyright5.Asian Metal Copyright5 Praseodymium oxide 99.5%min EXW China 16
8.1.Asian Metal Copyright6 Dysprosium oxide 99.Asian Metal Copyright6 Dysprosium oxide 99.5%min EXW China 16
8.1.7 Ferrodysprosium 80% EXW China 16
8.1.Asian Metal Copyright1.Asian Metal Copyright8 Terbium oxide 99.99%min EXW China 16
8.1.Asian Metal Copyright11 Lanthanum oxide 99.Asian Metal Copyright9 Terbium metal 99.9%min EXW China 16
8.1.Asian Metal Copyright1 PrNd oxide EXW China 15 8.Asian Metal Copyright10 Cerium oxide 99.9%min EXW China 16
8.1.Asian Metal Copyright4 China's lanthanum oxide export volume 14 6.Asian Metal Copyright11 Lanthanum oxide 99.9%min EXW China 16
8.1.Asian Metal Copyright4.Asian Metal Copyright12 Europium oxide 99.999%min EXW China 16
8.1.Asian Metal Copyright3 China's PrNd mischmetal producers' stocks in January 2024 slides by 0.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 Copyright4 China's lanthanum oxide export volume 14 6.Asian Metal Copyright1 Praseodymium oxide 99.5%min in warehouse Rotterdam 16
8.3.Asian Metal CopyrightContents 1.Asian Metal Copyright2 Cerium oxide 99.9%min in warehouse Rotterdam 16
.Asian Metal Copyright11 Lanthanum oxide 99Asian Metal Copyright