Di Yi Cai Jing·2025-07-11 06:50Group 1 - The new energy minerals, or strategic emerging minerals, are becoming a new competitive arena for mining companies and a focal point in great power competition [5] - The rare earth price index released by the China Rare Earth Industry Association on July 10 was 185.8, an increase of 13% since the beginning of the year [2] - The trading price of rare earth concentrate for the third quarter has been adjusted to 19,109 yuan/ton (excluding tax), marking the fourth consecutive quarter of price increases [1] Group 2 - Northern Rare Earth announced a significant increase in its net profit for the first half of the year, expecting a profit of 900 million to 960 million yuan, representing a year-on-year increase of 1882.5% to 2014.71% [4] - The overall activity in the rare earth market has improved due to upstream raw material supply tightening and downstream consumption stimulation policies [4] - The supply side remains tight, with U.S. mineral imports stagnant and reduced imports from Myanmar due to the rainy season [4] Group 3 - The demand for rare earths is stable in the domestic market, with some downstream companies obtaining export licenses and overseas orders gradually recovering [4] - The company holds an optimistic view on future rare earth price trends, supported by a full order book for its subsidiary [4] - The rare earth industry supply-demand pattern is expected to reach a turning point, driven by high growth in demand from sectors like new energy vehicles and consumer electronics [4]