China's rare earth prices spike amid recovering downstream demand, concerns about export restrictions

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China's rare earth prices surge amid growing demand as the economy recovers from the coronavirus fallout and rising concerns that China could impose restriction on rare earth exports as a retaliatory measure responding to US sanctions.

As of November 25, the average price of dysprosium oxide stood at 1,845 yuan per kg, rising by 165 yuan per kg this month and the price of terbium oxide was 6,100 yuan per kg, marking the highest level in nearly eight years and 1,220 yuan per kg higher than that at the start of November, according . . .

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