Group 1 - The core viewpoint is that China's export controls on rare earths have expanded to cover the entire industry chain, including technologies related to the recycling of secondary rare earth resources, which is expected to enhance the strategic importance of rare earths to national security [1] - The supply-demand dynamics for rare earths are expected to remain favorable, with performance in the rare earth sector likely to improve sequentially in the third and fourth quarters of this year [1] - The global demand for neodymium-iron-boron is projected to reach 329,000 tons by 2027, with a compound annual growth rate (CAGR) of 13% from 2024 to 2027 [1] Group 2 - China's strategic position in the rare earth sector is further strengthened, leading to expectations of increased overseas stockpiling and potential price increases for rare earths [2] - The comprehensive control over the entire rare earth industry chain by China is expected to complicate the establishment of autonomous rare earth supply chains overseas, extending the time required for such developments [2] - The limited supply of rare earth magnetic materials overseas is anticipated to boost demand for high-performance ferrite permanent magnets, resulting in a significant increase in orders for ferrite materials [2]
供需格局持续向好 稀土价格有望稳中有进
Zheng Quan Shi Bao Wang·2025-10-13 01:20