稀土价格狂飙 210%！中国出口管制，美日企业急寻替代方案

Group 1 - The recent announcement by the Chinese government to impose export controls on seven types of medium and heavy rare earth elements has led to a significant surge in rare earth prices globally [1][3] - By May 1, the price of dysprosium in the European market skyrocketed from $283 per kilogram in early April to $850, marking a 200% increase, while terbium prices surged from $965 to $3000, a rise of over 210% [3] - China dominates the global rare earth supply, particularly for the seven types of rare earths affected by the export restrictions, which are critical for various high-tech industries including electric vehicles, wind power, aerospace, and military applications [5] Group 2 - The export control policy aims to protect China's non-renewable rare earth resources and promote the domestic rare earth industry towards higher-end and more environmentally friendly development [7] - The rising prices of rare earths are expected to create significant cost pressures on industries reliant on these materials, particularly the electric vehicle sector, which may face increased motor costs and potential production halts [9] - The U.S. military industry is also at risk, as over 1900 U.S. weapon systems depend on rare earth supplies from China, with specific examples like the F-35 fighter jet requiring 417 kilograms of rare earth materials for critical components [10] Group 3 - The domestic rare earth industry in China is experiencing a positive impact from the export controls, with companies like Northern Rare Earth achieving a revenue of 9.287 billion yuan in Q1 2025, a year-on-year increase of 61.19%, and a net profit of 431 million yuan, up 727.30% [12] - China Rare Earth Group has turned around from a loss of 290 million yuan last year to a profit of 72.61 million yuan this year, indicating a significant recovery and growth in the domestic market [12]