Rare earth prices fell this week, but will likely stabilize in the near future
This week, the prices of upstream rare earth raw materials fluctuated downward.
Strong Trend in Rare Earth Market in September: Pr-Nd Production Continues to Increase MoM
In September 2024, the domestic production of Pr-Nd oxide and Pr-Nd alloy both increased MoM.
Rio Tinto signs deal to acquire leading lithium company Arcadium amid aluminium-lithium boom
Rio Tinto has reportedly signed a contract with Arcadium Lithium plc, agreeing to acquire the latter for US$5.85 per share in an all-cash transaction. This acquisition will bring Arcadium’s world-class lithium business into Rio Tinto’s portfolio, expanding it from aluminium, copper, and iron ore to lithium.
The United States Department of Commerce has reportedly issued final determinations against fourteen countries involved in dumping aluminium extrusions and selling them at less than legitimate value in the US market. China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, Vietnam, and the United Arab Emirates are found guilty.
How did zinc oxide perform during the September-October peak season? [SMM Analysis]
The traditional consumption peak season of September-October has arrived again.