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16 Feb
05:08

RARE EARTH: Prices continue to increase on tight supply

Rare earth prices recently hit a record high, according to the Association of China Rare Earth Industry (ACREI). On 15 February, the price index of rare earth registered 426.8, a new record high.  As indicated by Shanghai Metals Market (SMM), the rise in the domestic rare earth index was mainly triggered by a sharp increase in the spot prices of certain rare earth products, such as the ones in the praseodymium and neodymium series. According to 10…
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