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Rare Earths MMI: Iluka rare earths refinery to produce neodymium, dysprosium, other REOs

The Rare Earths Monthly Metals Index (MMI) fell 11.3% for this month’s reading. Keep an eye out for the full MMI report download later this week.  Iluka approves new refinery Australian firm Iluka Resources this week announced it had approved a fully integrated refinery for rare earth oxides. The refinery will be at Eneabba, Western […]

Rare Earths MMI: Is China Moving Down the Rare Earths Totem Poll?

Rare Earths MMI: Is China Moving Down the Rare Earths Totem Poll? China and rare earth magnets

The Rare Earths MMI (Monthly Metals Index) experienced a pretty significant drop month-on-month, falling 24.73%. Save for cerium oxide, all components of the index either fell or moved sideways. Weaker than anticipated downstream demand ended up hitting certain metals related to rare earth magnets particularly hard, causing a plummet in the index. Another significant factor […]

Rare Earths MMI: Prices Drop, Huge Rare Earths Reserve Discovered in Wyoming

Rare Earths MMI: Prices Drop, Huge Rare Earths Reserve Discovered in Wyoming rare earth magnets.

Month-on-month, rare earths prices exhibited sharp downward movement. While weaker downstream demand could potentially prove one culprit in the dropping prices, another potential factor is an increase in global rare earth production outside of China. If true, China could find itself bumped down the totem pole in terms of rare earth magnets dominance. Meanwhile, China’s […]

Rare Earths MMI: Is China Losing the Rare Earth Magnets Race?

Rare Earths MMI: Is China Losing the Rare Earth Magnets Race? fasssa-1

Seeing its first significant rise in over eight months, the Rare Earths MMI welcomed a boost of 6.84% month-over-month. Indeed, Chinese production of rare earths and rare earth magnets finally appears on the rise. It’s also possible that Chinese stimulus efforts impacted prices month-on-month. Neodymium, for instance, began a rally in mid-August before slowing down […]

Rare Earths MMI: Will Chinese Stimulus Help Support Rare Earth Magnets?

Rare Earths MMI: Will Chinese Stimulus Help Support Rare Earth Magnets? china

Month-over-month, the Rare Earths MMI (Monthly Metals Index) broke its short-term sideways trend and once again spiked down. Overall, the index witnessed a 10.03% decrease as reduced short-term demand continues to cause more and more supply to build up. This leaves rare earth prices struggling to find support. However, the prospect of China offering a […]

Rare Earths MMI: Rare Earth Race Continues Between U.S. and China

Rare Earths MMI: Rare Earth Race Continues Between U.S. and China rare earth magnets remain a vital resource

The Rare Earths MMI (Monthly Metals Index) saw little change month-on-month. Overall, the index continued its sideways trend, dropping a slight 2.5%. Rare earth carbonate saw the largest price shift between June 1 and July 1, dipping  10.59%. Still, as a whole, the index continues to trend in stark difference to the sharp price drops […]

Rare Earths MMI: The Rare Earths Downward Spiral Finally Flattens

Rare Earths MMI: The Rare Earths Downward Spiral Finally Flattens sdd

After a sharp nosedive that lasted two months, the Rare Earths MMI (Monthly Metals Index) finally flattened out between May 1 and June 1. Ultimately, rare earth prices traded sideways and only moved down 1.02%. Market fears rose after news that China is experiencing another wave of COVID-19, which could impact the availability of rare […]

Rare Earths MMI: Prices Plummet as Rare Earth Demand Drops

Rare Earths MMI: Prices Plummet as Rare Earth Demand Drops njnjn

The Rare Earths MMI (Monthly Metals Index) suffered yet another significant drop month-over-month. Overall, the index fell 15.81%. These massive drops in prices are the result of several factors. One of the the biggest culprits is rising supply and falling demand. Prices for rare earth metals have also decreased due to new mining initiatives cropping […]

Rare Earths MMI: Prices Plunge, Flatten, Then Rise

Rare Earths MMI: Prices Plunge, Flatten, Then Rise adobestock_187267636

The Rare Earths MMI (Monthly Metals Index) dropped drastically again this month, suffering a 15.5% decline. Despite this, downward price action began to slow down and flatten around March 16. As of March 30, prices began to rise again. Further adding to the confusion was the fact that some components in the index traded flat. […]

Rare Earths MMI: China Losing Grip on Rare Earths Control

Rare Earths MMI: China Losing Grip on Rare Earths Control big-yellow-mining-truck-hauling-rock-in-dusty-coal-mine

The Rare Earths MMI (Monthly MetalMiner Index) dropped a staggering 11.22% this past month. Industrial production within China proved slow in January. This significantly affected the index, as China remains the source of many rare earth oxides. And with numerous countries searching for non-Chinese rare earth supplies, the Chinese-sourced parts of the index fell greatly. […]

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