Northern Rare Earth announced on the evening of April 9 that based on the pricing method of rare earth concentrate and the price of rare earth oxides in the first quarter of 2024, after calculation and approval by the company's 6th General Manager's Office Meeting in 2024, the transaction price of rare earth concentrate in the second quarter of 2024 was adjusted to 16,792 yuan/ton (dry basis, REO=50%) excluding tax.
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BEIJING State-owned Chinese resources developers are expanding production of rare-earth metals in response to higher government quotas, working to build a…