Well, we were just talking about rare earth uh and the that discussion point between the US and China. The stocks here in the US are taking a tumble as those trade tensions ease between the two nations. We saw those names rally on reports that China was considering export controls on their rare earth materials, pushing President Trump to threaten 100% tariffs on Chinese goods and focus on US development in the space.So, what is now the investment case for those stocks. Joining me now in this, Neil Dingman, ...

India plans to almost triple the size of its incentive program for rare earth magnet manufacturing to more than $788 million as it races to build domestic capacity in a sector dominated by China, according to people familiar with the matter https://t.co/fo7dAefWfP ...

2025年，法日联手在法国搞了个大动作，建了个叫Caremag的稀土回收和精炼厂，说是全球最大的那种。外媒一报道，就有人喊中国稀土王牌要失效了。这 事儿听着热闹，但仔细瞧瞧，情况没那么简单。中国在稀土这块儿，资源多，加工强，市场调控也稳。法日这个厂子呢，看起来气势汹汹，可外媒也直指它 有三大死穴，成本、技术、原料都卡脖子。 2025年3月17日，法国公司Carester的子公司Caremag在拉克工业园区正式开工。拉克在法国西南部，原来是个化工基地，基础设施齐全，电力管道啥的都有 现成的。Carester这家公司2019年才成立，老板Frédéric Carencotte是个化学工程师，在Rhodia干了20年，专攻稀土。团队里一堆专家，总经验加起来超250 年，还帮美国Energy Fuels设计过分离设备。建这个厂，钱从哪儿来？总投资2.16亿欧元，法国政府出大头，1.06亿，通过France Relance和France 2030计划给 补助和可还预付款，还有绿色产业税收优惠。日本那边，JOGMEC和Iwatani合资的Japan France Rare Earth Company投了1.10亿，占股权 ...

10/31/2025President Trump continues to stress critical mineral development. 10/31/2025President Trump continues to stress critical mineral development. INVESTING RESOURCES EARNINGS PREVIEW: Palantir, Robinhood Among Leaders Set To Report Take a Trial Today Coal stocks have been pulling back over the past couple of weeks, shedding some of the hefty speculative gains that drove them well ahead of the market over the past several months. A handful of surging coal stocks drove the 13-company group to rebound 80 ...

Core Viewpoint - China's new rare earth export control measures are a strategic move that directly impacts the U.S. high-tech and defense industries, revealing the U.S.'s vulnerability in this sector [1][4][19]. Group 1: China's Rare Earth Control Measures - The new regulations require all overseas products containing more than 0.1% Chinese rare earth elements to obtain export permission from China [1]. - The measures impose strict limitations on rare earth exports for military purposes, indicating a targeted approach to control critical resources [1][4]. - China holds approximately 48% of the world's rare earth reserves and accounts for 69% of global production, giving it significant leverage [5][11]. Group 2: U.S. Dependency on Chinese Rare Earths - The U.S. relies heavily on Chinese rare earths, with 87% of its 153 main battle equipment types requiring these materials for production [4]. - The F-35 stealth fighter jet requires nearly half a ton of rare earth compounds per unit, highlighting the critical nature of these materials in defense systems [4]. - The U.S. has a dependency rate of up to 70% on Chinese rare earths, which complicates its ability to respond to China's export controls [5][11]. Group 3: U.S. Technological Limitations - The U.S. lacks mature rare earth refining and separation technology, necessitating that most mined materials be sent to China for processing [7][10]. - Even with government funding, U.S. companies like MP Materials are still far behind China's industrial standards in rare earth purification [10][13]. - The construction of a U.S. rare earth processing facility would require significant investment and face environmental regulatory challenges, making it difficult to meet domestic demand [16][19]. Group 4: Strategic Implications - The U.S. has not effectively addressed its reliance on rare earths over the past fifteen years, leading to a situation where it has limited options to counter China's control [19]. - China's control over the supply chain extends beyond rare earths to include superhard materials, crucial for the semiconductor and military industries, further solidifying its strategic advantage [21]. - Any aggressive U.S. response could destabilize the global economy, highlighting the risks associated with its dependency on Chinese resources [23].

Summary of China Northern Rare Earth High-Tech (600111.SS) 3Q25 Earnings Call Company Overview - **Company**: China Northern Rare Earth High-Tech (NRE) - **Ticker**: 600111.SS - **Industry**: Rare Earth Materials Key Financial Highlights - **Net Profit**: 9M25 net profit reached Rmb1,541 million, up 280% YoY, representing 69% of Street consensus and 71% of the full-year estimation [1][5] - **3Q25 Net Profit**: Implied net profit was Rmb610 million, up 22% QoQ and 69% YoY [1] - **Excluding One-offs**: Net profit excluding one-offs for 9M25 was Rmb1,362 million, up 412% YoY; 3Q25 net profit was Rmb467 million, up 86% YoY and 1% QoQ [1] - **Gross Profit (GP)**: 3Q25 GP was Rmb1,130 million, up 28% YoY but down 9% QoQ [1] Sales and Production Data - **Sales Volume**: 3Q25 rare earth raw materials sales volume increased by 38% YoY [2] - **Production Figures**: - Rare earth oxides: 6,939 tons, up 63% YoY - Rare earth salts: 38,635 tons, up 14% YoY - Rare earth metals: 12,197 tons, up 24% YoY [2] Margin Analysis - **GP Margin**: 3Q25 GP margin was 10%, down 0.4 percentage points YoY and down 3 percentage points QoQ, attributed to product-mix adjustments with increased share of lanthanum and cerium products [3] Inventory and Cash Flow - **Inventory Levels**: Inventory decreased by 12% QoQ to Rmb14 billion, accounting for 29% of total assets, down from 34% at the end of 1H25 [4] - **Free Cash Flow (FCF)**: 9M25 FCF was Rmb1,750 million, with 3Q FCF at Rmb1,472 million, up 45% YoY and 372% QoQ [5] Valuation Metrics - **Current Trading Multiples**: NRE is trading at 52.9x 2026E P/E and 6.8x 2026E P/B [5] - **Target Price**: Target price set at Rmb72, implying a 35.1% expected share price return [8][11] Risks and Considerations - **Demand Growth**: Risks include slower or faster-than-expected demand growth in downstream applications such as NEVs and wind power [12] - **Supply Chain Dynamics**: Potential impacts from global supply-chain diversification efforts and changes in mining or processing capacity outside of China [12] - **Policy Changes**: Risks from tariffs, trade barriers, and policy adjustments in China affecting supply and profitability [12] - **Technological Substitutes**: Emergence of alternative materials or technologies that could replace rare earth elements [12] Conclusion - The company has shown significant growth in net profit and sales volume, although margins have been impacted by product mix changes. The inventory management strategy appears effective, and the company maintains a positive cash flow. However, various risks related to demand, supply chain, and policy changes could affect future performance. The current valuation suggests a favorable outlook, supported by strong fundamentals and market conditions.

Industry Overview - Demand for rare earth magnets is increasing due to their critical role in various industries such as defense, automotive, aviation, AI, and robotics, driven by global electrification and clean energy trends [1][10] - Rare earths, consisting of 17 metallic elements, are essential for technologies aimed at reducing emissions and improving efficiency, but their mining is often not cost-effective due to low concentration [3] Market Dynamics - China dominates the rare earth market, controlling 70% of global mining and 90% of processing capacity, prompting efforts to establish independent supply chains [4] - The U.S. government is investing directly in companies like MP Materials to enhance domestic production, with a recent agreement with Australia to invest over $3 billion in critical mineral projects [5] Company Performance - MP Materials is expected to report a loss of 14 cents per share for Q3 2025, a wider loss than the previous year, but has seen a 6.67% increase in earnings estimates over the past 60 days [11] - The company has reported strong NdPr production volumes and higher prices, although production costs have increased due to a shift towards separated products [12][13] - USA Rare Earth is also set to report a loss of six cents per share for Q3 2025, with a significant 40% increase in earnings estimates over the past 60 days [14] Future Prospects - MP Materials has an Earnings ESP of +8.77% and is scheduled to release results on Nov. 6, while USA Rare Earth has a notably higher Earnings ESP of +81.82% and is also set to report on the same date [9][13] - USA Rare Earth is developing a manufacturing plant for rare earth magnets, expected to start production in early 2026, but currently does not generate revenue [15]

NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Lynas Rare Earths Limited (ASX: LYC; OTCQX: LYSDY, LYSCF), the only commercial producer of Light and Heavy Rare Earth oxides outside of China, has qualified to trade on the OTCQX® Best Market. Lynas Rare Earths Limited upgraded to OTCQX from the Pink Limited™ Market. Lynas Rare Earths Limited begins trading today on OTCQX under ...

德国Ifo经济研究所表示，德国电子和光学产品制造商在10月面临的原材料短缺问题进一步加剧。10月德国该行业约有10.4%的企业报告出现供应瓶颈，高于7月的7.0%和4月的3.8%。“稀土的管控机制和贸易限制正在产生影响。如果这一趋势持续并恶化，将对经济增长造成负面影响” https://t.co/D8oCHfX7LA ...

Summary of Key Points from the Conference Call Industry and Company Involved - **Industry**: Japan-US Economic Cooperation - **Key Players**: Japan and the United States government, particularly focusing on advanced science and technology sectors Core Insights and Arguments 1. **Bilateral Alliance Strengthening**: The Japan-US summit was characterized by a successful reaffirmation of the bilateral alliance, with Prime Minister Sanae Takaichi positioning herself as a successor to Shinzo Abe by leveraging the latter's relationship with President Trump [4][10] 2. **Investment Focus Areas**: The US-bound investment projects identified four key areas: energy, AI power development, AI infrastructure strengthening, and critical minerals. Japan will provide long-term, low-interest financing and equity participation [5][7] 3. **Technological Cooperation**: A memorandum was signed outlining seven areas of collaboration in advanced science and technology, including AI adoption, research security, advanced radio networks, pharmaceutical supply chains, quantum information science, fusion energy, and space [9][10] 4. **Defense Spending Increase**: Japan aims to raise defense spending to 2% of GDP, with plans to revise national security documents by the end of 2026. The current GDP base for this target may need updating due to significant growth since FY2023 [10][11] 5. **Market Reactions and Economic Measures**: Following the summit, market attention is expected to shift towards economic measures addressing rising prices, with potential implications for cabinet approval ratings and a possible snap general election [12][13] Other Important but Overlooked Content 1. **Bank of Japan's Role**: There was no direct discussion regarding the Bank of Japan's monetary policy during the summit, but comments from Treasury Secretary Bessent may influence market perceptions regarding potential interest rate hikes [11] 2. **Fiscal Position Improvement**: Japan's fiscal position has reportedly improved, supported by gains in nominal GDP, with Moody's reaffirming Japan's A1 sovereign credit rating and stable outlook [13] 3. **Long-term Investment Schemes**: The Japan Bank for International Cooperation (JBIC) will play a crucial role in ensuring repayment certainty for projects under the investment scheme [5][8]