HK Stock Market Move | Rare-Earth Co., Ltd. (06680) surged over 4% again. Rare earth prices have been continuously rising since the beginning of the year, and the industry is expected to enter a new growth cycle.

Jl Mag Rare-Earth (06680) surged more than 4% again, rising by 4.09% to HK$23.4 as of press time, with a turnover of 197 million Hong Kong dollars. On the news front, rare earth prices have been rising since the beginning of 2026. According to data from the Baotou Rare Earth Products Exchange, as of February 11, the average price of praseodymium oxide reached 877,000 yuan/ton, an increase of over 26,000 yuan/ton or 43.42% this year; the average price of neodymium oxide reached 870,000 yuan/ton, an increase of 26,000 yuan/ton or 42.62% this year; the cumulative price increase of praseodymium neodymium oxide, neodymium metal, and praseodymium neodymium metal is all over 35% this year. Guoyuan research report believes that with the continuous expansion of the application of rare earth in high-end manufacturing fields, the continuous increase in downstream demand for new energy vehicles, wind power generation, Siasun Robot & Automation, and other industries, combined with industry technological advancement and national policies supporting resource control and industrial upgrading, the rare earth permanent magnet industry is expected to enter a new growth cycle.