Wednesday's comprehensive rare earth market data and supply chain developments for institutional capital. **Market Snapshot - September 17, 2025:** - MP Materials: $65.98 (-1.78%, -$1.19) - Healthy profit-taking after recent momentum - Market showing disciplined consolidation as institutional capital processes developments **Fresh Rare Earth Pricing Data:** - Neodymium: 785,000 CNY/T (flat), retail $146.20/kg (+52.13% YTD) - Dysprosium: $453.90/kg retail (+28.55% YTD), metal $254.53/kg - Terbium: $1,111.22/kg (+0.11% daily) - Praseodymium: $98,085.62/mt (+0.11% daily) **Major Rare Earth Supply Developments:** - Northern Minerals: New mining lease granted for Browns Range Project - targeting 8% of global heavy rare earth supply by 2028 - Victory Metals: Confirms highly enriched heavy rare earth deposits at North Stanmore, Western Australia - ABx Group: Excellent extraction rates - Dysprosium 60-66%, Terbium 55-62% - Coal India: Designated preferred bidder for Ontillu-Chandragiri rare earth exploration block **Rare Earth Separation Capacity Intelligence:** - China maintains 85% global rare earth processing capacity - separation remains critical bottleneck - Lynas (#1 non-Chinese): ~6,142 tpa light rare earth production, expanding to ~12,000 tpa - MP Materials (#2): ~1,300 tpa light rare earth separation today, targeting ~6,000 tpa + ~100 tpa heavy rare earths - Ucore Louisiana facility: ~5,000 tpa light rare earth production planned using RapidSX technology **Rare Earth Market Dynamics:** - China's rare earth export restrictions continue affecting European production - Western rare earth supply chain diversification accelerating with government backing - 2026 emerging as critical inflection point for Western rare earth production capacity **Strategic Analysis:** Market consolidation reflects institutional discipline after recent developments. Heavy rare earth discoveries (Victory Metals, ABx Group) represent potential long-term supply chain transformation. China's rare earth processing dominance persists, but Western separation capacity building momentum toward 2026 inflection point. Comprehensive rare earth market data and supply chain analysis for institutional allocators. Your competitive edge in the world's most critical elements.

Tuesday's comprehensive rare earth market data and supply chain developments for institutional capital. **Market Snapshot - September 16, 2025:** - MP Materials: $65.94 (+4.16%, +$2.64) - Strong momentum continues - India launches sixth tranche critical minerals auctions today - Market consolidation after Monday's developments **Fresh Pricing Data:** - Dysprosium oxide: ~$202.15/kg vs $353/kg January (121% YTD gain) - Neodymium: 785,000 CNY/T (+19.85% monthly, +50.96% YoY) - NdPr oxide: ¥600,000-¥608,000/ton range (~$84/kg) after profit-taking - Heavy rare earths: Terbium 195% above pre-restriction levels, Dysprosium 168% above **Game-Changing Discovery:** - Victory Metals discovers dysprosium concentrations up to 218 ppm at North Stanmore project - 54x higher than average crust levels - potentially world's most enriched heavy rare earth deposit - Previous drilling exceeded 550 ppm - could reshape Western supply chains **Production Capacity Updates:** - MP Materials Texas "Independence" facility producing automotive-grade magnets at scale - Lynas first heavy rare earth producer outside China operational in Malaysia - USA Rare Earth targeting 2026 production launch - 2026 emerging as critical year for Western production capacity **Market Dynamics:** - China maintains 85% global processing capacity - Global rare earth metals market projected $6.01B (2025) to $9.29B (2032) at 6.4% CAGR - Separation remains critical bottleneck outside China **Strategic Analysis:** Victory Metals discovery represents potential breakthrough for Western heavy rare earth supply. Market showing consolidation while production capacity builds toward 2026 targets. China's processing dominance remains key constraint despite Western investment surge. Comprehensive rare earth market data and supply chain analysis for institutional allocators. Your competitive edge in the world's most critical elements.

Monday's comprehensive strategic briefing for institutional capital in rare earth elements and Pentagon developments. **Market Snapshot - September 15, 2025:** - Total Crypto Market Cap: $4.17 trillion - MP Materials Stock: $63.51 (+0.9%, $11.2B market cap) - Global rare earth market entering critical inflection point **Pentagon's Rare Earth Revolution:** - DoD $400M investment acquiring 15% MP Materials stake - largest shareholder - 10-year price floor guarantee: $110/kg NdPr oxide (nearly double Chinese prices at ~$60/kg) - 100% offtake agreement for new "10X" facility producing 10,000 metric tons annually by 2028 - First time U.S. government becomes major shareholder in critical minerals company **Separation Plant Construction Updates:** - MP Materials $150M DoD loan for heavy rare earth separation expansion at Mountain Pass - Texas "Independence" facility now producing automotive-grade magnets at scale - Lynas: First heavy rare earth producer outside China - Malaysia facility operational - Ucore: $18.4M DoD funding for Louisiana facility, production target May 2026 **Critical Pricing Data:** - Neodymium: 785,157 CNY/ton (~$108/kg) September 12, up 50.96% YoY - Dysprosium: Explosive 121% YTD gain—from $353/kg (January) to $780/kg (September) - Terbium: $1,983.40/kg, up 42.03% YTD - Praseodymium: $139.60/kg, up 45.27% YTD **China's Strategic Response:** - Export controls on seven rare earth elements remain in effect - Heavy rare earths seeing 168-598% price increases since April restrictions - China: 270,000 tonnes production vs USA: 40,823 tonnes (2024) - China refines 85%+ of global supply **Strategic Market Analysis:** Pentagon has moved from passive buyer to active owner, fundamentally changing market dynamics. MP Materials stock up 450% since deal announcement. This represents the inflection point in rare earth geopolitics and the end of Chinese dominance. Comprehensive strategic analysis and Pentagon developments for institutional allocators in rare earth elements and critical minerals. Your competitive edge in the world's most critical elements.