
Rare earth market update on June 3, 2025 The domestic rare earth prices are showing a tentative upward trend, with neodymium oxide, praseodymium-neodymium metal, and terbium oxide prices rising by approximately 6,000 yuan/ton, 4,000 yuan/ton, and 30 yuan/kg, respectively. Driven by the increase in praseodymium-neodymium raw material prices, the price of neodymium-iron-boron (NdFeB) blanks has also risen, with the price of 55N NdFeB blank blocks increasing by about 2 yuan/kg. This price increase is mainly attributed to active downstream inquiries,…