Core Viewpoint - The recent implementation of the "Interim Measures for Total Control Management of Rare Earth Mining and Smelting Separation" by the Ministry of Industry and Information Technology, National Development and Reform Commission, and Ministry of Natural Resources introduces significant changes to the previous policies, which are expected to catalyze the rare earth market and drive prices upward [1] Regulatory Changes - The new measures include detailed management of smelting and separation total control, inclusion of imported ore in regulatory oversight, enhanced granularity of supervision, and the establishment of a penalty system for overproduction [1] - A market feedback and dynamic adjustment mechanism has been added to the regulatory framework [1] Market Impact - With the approaching peak season for electric vehicles, there is strong replenishment demand from domestic and international companies, which has accelerated the recent rise in rare earth prices [1] - The implementation of these management measures is expected to have a strong catalytic effect on both supply and market sentiment, indicating that the upward momentum for rare earth prices is likely to continue [1] - The focus is on companies involved in the smelting and separation of medium and heavy rare earths, which are anticipated to perform well in the current market environment [1]