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RE prices bottoming

Early continuous downturn in rare-earth prices in recent months. According to statistics, June 25, neodymium oxide, praseodymium prices 27 to 27.5 million, praseodymium neodymium metal 34 to 35 million, up about two weeks ago than 20,000 yuan / ton; dysprosium oxide 1.35 million yuan / ton, oxidation terbium 2.6 million yuan / ton, respectively, compared with two weeks ago, up 20 million. Rare earth prices rose within about two weeks of 10% in recent years rare.

The primary reason is the recent rebound in the price of rare earth Ganzhou action to combat illegal exploitation of rare earth bear fruit. Recently, Xunwu county public security department received a report from the masses in the rural water Keng Hau village destroyed an illegal exploitation of rare earth mine, caught the suspect Yuan Mou and workers in five, seized 240 packages of finished rare earth, rare earth water nearly 100 package, excavator 1, 2 vehicles.

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