Changes in Hong Kong stocks | China's rare earths (00769) rose more than 4%, and the listing price increase in northern rare earths is expected to boost industry confidence
The Zhitong Finance App learned that China's rare earths (00769) rose by more than 4%. As of press release, it had risen 4.23% to HK$0.37, with a turnover of HK$1.023,000. According to the news, Northern Rare Earth recently announced the listing prices of rare earth products for May 2024, and the prices of many rare earth products have risen month-on-month. Among them, praseodymium oxide reported 393,200 yuan/ton, up 7.52% from April 2024; neodymium oxide reported 401,500 yuan/ton, up 7.35% from April 2024; and praseodymium metal reported 488,000 yuan/ton, up 7.25 month-on-month from April 2024
The rare earth permanent magnet sector began to rise. Galaxy Magnets rose more than 5%, while Northern Rare Earths, Earthbear, Shenghe Resources, China Rare Earths, and Zhongke Magnetic have followed suit.
The rare earth permanent magnet sector began to rise. Galaxy Magnets rose more than 5%, while Northern Rare Earths, Earthbear, Shenghe Resources, China Rare Earths, and Zhongke Magnetic have followed suit.
Express News | Jinli Permanent Magnet: It is planned to build a production capacity of 40,000 tons of high-performance rare earth permanent magnet materials and an advanced magnetic component production line by 2025
China Rare Earth Industry Association: Today's rare earth price index fell 0.4 points from yesterday
According to the China Rare Earth Industry Association, the rare earth price index was reported at 176.6 on April 30, down 0.4 points from the previous day.
Express News | China's rare earths: net loss of 289 million yuan in the first quarter of 2024 turned into a year-on-year loss
金力永磁：2024年第一季度報告