《国企要参》海外视点丨美稀土开采公司MP停止对华出口

Group 1 - The price of praseodymium-neodymium (NdPr), essential for manufacturing strong magnets, has reached a high for the first time in over two years due to MP Materials halting exports to major Chinese magnet manufacturers amid rising demand [3] - NdPr is a crucial alloy for producing electric vehicles (EVs), wind turbines, and defense equipment, with MP Materials supplying 7-9% of China's NdPr oxide production over the past three years [3] - The benchmark price for NdPr oxide in China has reached 632,000 RMB per ton (approximately 88 USD per kg), the highest since March 2023 [3] Group 2 - The Trump administration signed a domestic processing contract with MP Materials in July, ensuring a minimum price nearly double the market level at that time, along with support measures for NdPr production [4] - Recent price increases have helped revive demand, with a projected 10% growth in demand this year, while China's production is expected to grow only modestly by 5% [4] - The current demand surge in China for EVs, wind turbines, and home appliances is putting further pressure on the supply-demand balance for NdPr [4]