Chinese rare earths: It is predicted that the prices of rare earth products will maintain a steady upward trend.

The announcement released by China Rare Earth regarding the investor relations activities record stated that the prices of rare earth products have been fluctuating due to supply and demand relationships. Since the third quarter of last year, the company has maintained a cautious yet optimistic attitude towards the medium to long-term price trends of rare earths. This year, rare earth product prices have shown an overall upward trend after hitting a bottom, with different varieties showing varying degrees of increase, in line with the company's predictions. We believe that as the downstream end-market applications expand, the demand for rare earths in industries such as humanoid robots and low-altitude economy will continue to grow, further highlighting the value of rare earth products. At the same time, the continuous promulgation and implementation of the "Rare Earth Management Regulations" and its related detailed rules are conducive to regulating the development order of the industry and promoting high-quality industry development. Therefore, we predict that the prices of rare earth products will maintain a stable upward trend.