Weak rare earth prices continue to lower Chinese margins

By Albert Li
Published: Wednesday, 02 September 2015

Poorly performing rare earth prices are continuing to weigh down on margins in the Chinese rare earths industry. Guangdong Rising claims that the markets are growing, but oversupply appears to be wiping out any potential benefits.

The Ganzhou Rare Earth Association announced its latest guidance prices for rare earths on 28 August, detailing a continued drop in value for the minerals.

Both mid-yttrium and rich europium have reportedly fallen by Chinese renminbi (Rmb) 10,000/tonne ($1,568/tonne*) to Rmb 170,000/tonne ($26,662/tonne), according to Chinese news source CnStock. ...

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