Northern Rare Earth has raised its listed prices for praseodymium-neodymium and neodymium in June.
Northern Rare Earth raised its listed price for 99pc praseodymium-neodymium oxide by 5% to Yn312'000/t for June.
Chinese government regulations at preventing trading in illegal material show their impact on metal prices.
Should we see here the start of sustainable prices for REE in China?
The decision is not insignificant as the Northern Rare Earth listed prices are used as a guide to buyers and sellers on the Chinese domestic market.