[SMM Rare Earth Morning Meeting Summary: Market Trading Stalls as Chinese New Year Holiday Approaches] As the Chinese New Year holiday approaches, most separation enterprises have ceased quoting and shipping, logistics operations have largely stopped, and traders' quoted prices remain high, resulting in sluggish market trading activity.

[SMM Rare Earth Morning Meeting Summary: Enterprises Halt Quotations and Shipments, Market Trading Atmosphere Remains Sluggish] As the Chinese New Year holiday approaches, most enterprises have ceased quotations and shipments, and logistics operations have also come to a halt, further dampening market trading activity.