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Is China Losing the Rare Earth Magnets Race?
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 again. However, other rare earths, such as lanthanum oxide and yttrium, traded sideways. This seems to indicate that Chinese production remains somewhat stagnant. Still, the overall index rally could prove short-lived, and unless Chinese production and ... (full story)