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Turkey Found New Rare Earth Mining Area Meeting Demand over 1000 Years
According to Turkish media reports recently, Fatih Donmez, Turkish Minister of energy and natural resources, said recently that 694 million tons of rare earth element reserves have been found in the Beylikova region in Turkey, including 17 different rare earth endemic elements. Turkey will become...Read more -
Dragon Boat Festival Greetings from Horizon Magnetics
Dragon Boat Festival is a Chinese traditional festival. We’ll have holiday during June 3rd to 5th. At this moment, we wish customers, suppliers, and partners all the best at Dragon Boat Festival! Hope we support each other in 2022 again and our rare earth magnets, magnetic assemblies and ma...Read more -
China Nonferrous Metals Industry Association Calls for Resolutely Maintaining Stable Operation Order of Rare Earth Market
Recently, the rare earth office of the Ministry of Industry and Information Technology interviewed key enterprises in the industry and put forward specific requirements for the problem of high attention caused by the rapid rise in the price of rare earth products. China Nonferrous Metals Industry...Read more -
Rare Earth Office Interviewed Key Enterprises on Price of Rare Earth
Source: Ministry of Industry and Information Technology In view of the continuous rise and high market prices of rare earth products, on March 3, the rare earth office interviewed key rare earth enterprises such as China Rare Earth Group, North Rare Earth Group and Shenghe Resources Holdings. The...Read more -
Ningbo Helps Create Greener Winter Olympic Games
Almost everybody enjoys the story of Beijing 2022 Winter Olympics, and gets more familiar with some great names and sports, like Ailing (Eileen) Gu, Shaun White, Vinzenz Geiger, Ashley Caldwell, Chris Lillis and Justin Schoenefeld, freestyle skiing, snowboard, speed skating, Nordic combined, etc....Read more -
China Rare Earth Group Co., Ltd. Was Founded
Source form SASAC, December 23rd, 2021, China Rare Earth Group Co., Ltd. was founded in Ganzhou, Jiangxi Province. It is understood that China Rare Earth Group Co., Ltd. was established by Aluminum Corporation of China, or Chinalco, China Minmetals Rare Earth and Ganzhou Rare Earth Group in orde...Read more -
MP Materials to Establish Rare Earth NdFeB Magnet Factory in USA
MP Materials Corp. (NYSE: MP) announced that it will build its initial rare earth (RE) metal, alloy and magnet production facility in Fort Worth, Texas. The company also announced that it has signed a binding long-term agreement with General Motors (NYSE: GM) to provide rare earth materials, allo...Read more -
China Creating New State-Owned Rare Earth Giant
According to people familiar with the matter, China has approved the establishment of a new state-owned rare earth company with the aim at maintaining its leading position in the global rare earth supply chain as tensions deepen with the US. According to informed sources quoted by the Wall Street...Read more -
How Horizon Magnetics Response to Cost Rise of Rare Earth Raw Materials
Since the second quarter of 2020, the price of rare earth has soared. The price of Pr-Nd alloy, the main rare earth material of sintered NdFeB magnets, has exceeded three times that of the second quarter of 2020, and Dy-Fe alloy Dysprosium Iron has the similar situation. Especially in the past mo...Read more -
New UK Magnet Factory for EVs Should Copy Chinese Playbook
According to a British government survey report released on Friday November 5th, the UK can resume the production of high-powered magnets needed for the development of electric vehicles, but to be feasible, the business model should follow China’s centralization strategy. According to Reute...Read more -
Rare Earth Prices Stand at An All-time High
November 5th, 2021 in the 81st auction, all transactions were completed at 930000 yuan / ton for PrNd, and the alarm price was reported for the third consecutive time. Recently, rare earth prices have stood at an all-time high, attracting market attention. Since October, the price of rare earth h...Read more -
Total Amount Control Index of Rare Earth and Tungsten Mining in 2021 Issued
September 30th, 2021, the Ministry of Natural Resources issued a notice on the total amount control index of rare earth ore and tungsten ore mining in 2021. The notice shows that the total amount control index of rare earth ore (rare earth oxide REO, the same below) mining in China in 2021 is 168...Read more