[SMM Rare Earth Morning Briefing] The upstream-downstream stalemate continues, metal transactions are weak, and the magnetic material sector enters the high-temperature off-season.

Semiconductor market surges upstream! Minor metal sector soars over 4%, Yunnan Germanium and Dongfang Tantalum hit daily limit [SMM Flash]

Production under pressure, supply side shows marginal reduction; structural trends diverge for silicon metal [SMM Silicon Industry Weekly Review]

Low arrivals, mainly cargo pick-ups; silicon metal social inventory continues destocking trend [SMM Silicon Inventory]

Chifeng Gold: The SND project at the Sepon gold-copper mine in Laos is expected to increase its gold equivalent metal content to 260 mt