According to Reuters, the Chinese Government has been limiting domestic output of rare earth minerals in the second half of 2018, which might cause price increases.
For the second half of 2018, China’s quota for rare earth separation and smelting has been reduced to 45,000 tons, which is a cut of ca. 36 percent. In the first half of 2018, the output was around 70,000 tons.
According to our own experience, usually, such government imposed measures are a sign, that demand is low and prices shall be lifted through artificial shortage.
For Rare Earth Magnets, it can be estimated, that due to the already-low inventories of neodymium (Nd), prasesodymium (Pr) and dysprosium (Dy), prices for NdFeB magnets and SmCo prices could rise considerably within the next months. Some experts see prices double within the next 5 years.