SMM, Aug 14: Pr-Nd metal prices fell 1.13% this week but rebounded near the weekend to RMB 875,000/mt. Higher Pr-Nd oxide prices offered support, while volatile raw material costs kept some producers cautious. Net profit rose to RMB 2,574/mt, ending three weeks of losses. Downstream demand remained weak, but orders may improve as motor makers resume operations and the peak season approaches. Restocking could support prices, though gains depend on demand recovery and new oxide capacity.

On July 24, 2026, China's Ministry of Commerce (MOFCOM) issued Announcement No. 30 of 2026, placing 14 EU-based entities—including Lafert S.p.A., Rheinmetall AG, InPACT S.A., and Vigo Photonics S.A.—on the Export Control Watchlist. The announcement, made under the Export Control Law of the People's Republic of China and the Regulations on Export Control of Dual-Use Items, mandates

SMM News: As of March 20, 2026, the market price for Praseodymium-Neodymium (Pr-Nd) metal in China stabilized temporarily at 890,000–910,000 RMB/ton. This article utilizes the SMM Pr-Nd Terminal Demand Calculation Model to dissect the demand logic for 2026 across three core sectors—New Energy Vehicles (NEVs), Internal Combustion Engine (ICE) vehicles, and Wind Power—explaining the current supply-demand dilemma facing the NdFeB magnet and broader Pr-Nd markets.

On March 10, 2026, Lynas and Japan’s JARE signed a long-term deal featuring PrNd floor prices, profit-sharing, and heavy rare earth priority. Analyzing 2025 production data, this report evaluates the partnership’s commercial terms, operational progress, and downstream demand security.

Recently, NdFeB raw material prices for Pr-Nd oxide and Pr-Nd alloy experienced a rapid surge before entering a phase of fluctuation at highs. As of December 25, Pr-Nd oxide settled at 593,500 yuan/mt, up 19,500 yuan WoW; Pr-Nd alloy settled at 720,000 yuan/mt, up 22,500 yuan WoW. Despite the significant short-term increase in raw material prices, NdFeB product prices did not follow suit, with some magnetic material enterprises instead reducing prices for sales.

Energy Fuels announced that it has successfully produced the first kilogram of dysprosium oxide with a purity of 99.9%, far exceeding the commercial specification of 99.5%, at its White Mesa plant in Utah, and is expected to continue production at a rate of 2 kg per week. The raw material for the plant comes from monazite mined in Florida and Georgia, US. Several magnet manufacturers and automakers are reviewing samples to expedite the verification process.