Zheng Quan Shi Bao·2026-01-19 18:12Core Viewpoint - The rare earth permanent magnet sector has seen significant price increases and investment interest, driven by supply constraints and rising demand from industries such as electric vehicles and robotics [2][3]. Group 1: Price Trends - As of January 16, 2026, the price of praseodymium-neodymium oxide reached 682,500 CNY per ton, an increase of 11.88% compared to the previous year [1] - The price of praseodymium-neodymium alloy also rose to 822,500 CNY per ton, up 11.53% year-on-year [1] - The domestic price of rare earth concentrate was adjusted to 26,834 CNY per ton (excluding tax), marking the sixth consecutive increase since Q3 2024 [2] Group 2: Supply and Demand Dynamics - China's rare earth mining output is projected to be 255,000 tons in 2023, with a forecasted increase to 521,000 tons by 2030 [2] - Global demand for rare earths is expected to reach 821,000 tons by 2030, indicating a supply gap of 140,000 tons [3] - The demand for neodymium-iron-boron materials in the automotive sector is projected to reach 66,000 tons by 2026, with total demand in related industries expected to exceed 188,000 tons, an increase of over 80% from 2022 [2] Group 3: Company Performance - The rare earth permanent magnet sector index has risen over 82% since 2025, outperforming the Shanghai Composite Index [3] - Xiamen Tungsten's stock has increased by over 200% since 2025, with its subsidiary achieving an annual production capacity of 15,000 tons [3] - Northern Rare Earth, the largest rare earth enterprise globally, has seen its stock rise over 140% since 2025, with a projected net profit increase of 116.67% to 134.60% for 2025 [4][5] - Zhenghai Magnetic Material expects a net profit increase of over 300% for 2025, driven by a 20% increase in product sales [5]