China Northern Rare Earth raises Q3 rare earth concentrate price

China Northern Rare Earth (Group) High-Tech Co., Ltd. has set the rare earth concentrate Ex-VAT price for Q3 2025 at RMB19,109/t (USD2,663/t) (dry tonne, REO=50%), which will rise or drop by RMB382.18/t (USD53.27/t) with REO up or down per one percentage point. Compared with the second quarter price of RMB18,825/t (2,624/t), the new price reflects a quarter-on-quarter increase of about 1.5%.