Rare earth market update on December 22, 2025
On Monday, the domestic rare earth market overall performed poorly, with prices of praseodymium, neodymium, terbium, and gadolinium series products all declining to varying degrees, among which praseodymium oxide, praseodymium-neodymium oxide, and terbium oxide prices decreased by approximately RMB 3,000/ton, RMB 1,000/ton, and RMB 30,000/ton respectively. In the current situation where rare earth raw material prices are at relatively low levels, downstream users' enthusiasm for inquiries and procurement has not significantly improved, resulting in low market transaction volume. However, to avoid the operational risk of cost-revenue inversion, suppliers generally adopt a rational concession strategy.
According to Baotou Statistics WeChat, from January to November 2025, the value added of industrial enterprises above designated size in Baotou City increased by 11.3% year-on-year, increased by 0.5 percentage points compared to January-October, respectively higher than the national (6%) and autonomous region (6.5%) levels by 5.3 and 4.8 percentage points. Among the 34 major industry categories, 21 industries maintained value added growth, with a growth coverage of 61.8%. Among them, the non-ferrous metal mining and dressing industry value added increased by 72.7%, increased by 13.3 percentage points compared to January-October, driving the value added of industrial enterprises above designated size to increase by 1 percentage point. The rare earth industry provided significant support. The rare earth industry value added increased by 24.6% year-on-year, driving the value added of industrial enterprises above designated size to increase by 3.2 percentage points, with a contribution rate of 28.3% to the city's value added of industrial enterprises above designated size, increased by 2.1 percentage points compared to January-October.
Price of rare earth products on December 22, 2025
Images of neodymium oxide
