China Northern to raise prices for Pr-Nd as MIIT announces fresh assault on illegal mining

By Albert Li, James Sean Dickson
Published: Wednesday, 04 November 2015

The Ganzhou Rare Earth Association and China Northern have announced some of the first price rises in the rare earths industry since the summer, after a torrid year of near-continuous pricing declines. Meanwhile, the MIIT has announced a renewed focus on eradicating illegal mining capacity.

China Northern Rare Earth Hi-Tech Group Co. Ltd announced last week that it intends to raise its guidance prices for praseodymium-neodymium (didymium) concentrate material by Chinese renminbi (Rmb) 10,000/tonne ($1,575/tonne*), up 4% on previous price levels.

In southeast China, the Ganzhou Rare Earth Association has also raised...

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