Rare earth market update on November 3, 2025
On Monday, the domestic rare earth market overall exhibited a slight recovery, primarily due to the continuous release of positive news, increased enthusiasm among downstream users to purchase at lower prices, and enhanced production cost support. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and dysprosium oxide increased to approximately RMB 532,000 per ton, RMB 650,000 per ton, and RMB 1,600,000 per ton, respectively. On October 30, 2025, the Ministry of Commerce spokesperson stated that China will suspend implementation of the related export control measures announced on October 9 for one year. This move will help increase China's rare earth product exports, thereby supporting product price increases. The export controls announced on October 9 include decisions to implement export controls on certain overseas rare earth items, rare earth-related technologies, certain rare earth equipment and raw/auxiliary material-related items, and certain medium-heavy rare earth-related items.
In terms of news, China Rare Earth reported third-quarter 2025 revenue of RMB 619 million, decreased by 22.40% year-on-year; net profit attributable to shareholders of the parent company (NPASP) of RMB 30.4752 million, decreased by 26.43% year-on-year; non-recurring profit and loss-adjusted net profit of RMB 29.51 million, decreased by 27.44% year-on-year; basic earnings per share of RMB 0.0287, decreased by 26.41% year-on-year; and total assets at the end of the reporting period of RMB 5.823 billion, increased by 6.16% year-on-year.
Price of rare earth products on November 3, 2025
Erbium oxide picture
