SMM

In September 2024, the production of medium-heavy rare earth oxides saw a slight decline MoM, with the main reduction occurring in Jiangxi. Jiangxi is a major producer of medium-heavy rare earths, and the insufficient demand for medium-heavy rare earth metals led to low enthusiasm for raw material stocking by metal factories, resulting in a slight reduction in oxide production. However, by the end of September, there was a significant increase in the import volume of Myanmar ores. Under these circumstances, it is expected that the production of medium-heavy rare earth oxides will increase in October.