Falling rare earth prices are putting pressure on mining operations outside of China, as Australia’s Lynas Rare Earths said it would stockpile some material this year. Lynas said sales for the quarter ending in June fell 47% year-on-year to A$157.5 million ($103 million) as weak demand combined with oversupply from China continue to lower rare […]
> South Korean steel and chemicals giant POSCO has taken a 30% stake in Australia’s Mineral Resources’ (MinRes) 50% stakes in the Mt Marion and Wodgina mines for US$765 million. Structured as a joint venture, the deal would see MinRes and POSCO hold an overall 35% and 15% of the operations, as well as corresponding rights […]
> Western rare earths companies across the value chain are reevaluating corporate strategy amidst prolonged price declines. Over the last 12 months, ex-China companies have mulled options including mergers, sales, and capital restructuring as a two year-long slide in prices for light rare earth ores and oxides makes medium-term growth uncertain. Neodymium-Praseodymium (PrNd) oxide was at […]
> The US Department of Defense (DoD) has inked a multibillion-dollar partnership with MP Materials (MP), marking a pivotal moment in the evolution of global rare earth supply chains. As the first—and currently only—company with a fully integrated mine-to-magnet supply chain in North America, MP’s new “10X” facility is pivotal for reducing US strategic dependencies on […]
> Ex-China prices of heavy rare earth oxides (HREO) are significantly higher than those in the domestic Chinese market following China’s export restrictions. What is driving this bifurcation? The European market remains highly constrained for the HREOs currently subject to China’s export restrictions. Spot market activity is sporadic, with buyers only accepting offers when absolutely necessary […]
> China has postponed the implementation of its expanded rare earth export controls announced in early October following high-level US-China trade negotiations in South Korea this week. It marks a temporary easing in what had become an escalating front in the tit-for-tat US–China trade confrontation. The announcement follows extensive economic and trade consultations in Kuala Lumpur, […]
> UK and Australian companies own all of Africa’s rare earths projects, a stand-out exception in a supply chain overwhelmingly dominated by China at a global level. All eight planned rare earths mines in Africa are majority-owned by either Australian or UK firms, according to Benchmark’s Rare Earths Forecast, with the projects expected to start going […]
> Benchmark Mineral Intelligence, specialising in EV supply chain research and insights, reports that 1.9 million electric vehicles were sold globally in October 2025. Rho Motion Data Manager, Charles Lester, commented: “Global EV sales reach 1.9 million units in October 2025, marking a 23% increase year-to-date. Europe led regional growth with a 36% year-on-year increase, driven […]
> NEO Performance Materials (NEO), a Canadian company with 30 years of rare earths industry experience, officially opened its rare earth permanent magnet (REPM) plant in Narva, Estonia, with a high-level ceremony on September 19, with Benchmark in attendance. The Narva plant marks NEO’s second rare earth facility in Estonia, complementing its established Silmet rare earth […]