Indeed, for me this is just noise, new sp highs are coming soon enough (IMO). And I think we have to get used to these REE prices from now on
'The downstream demand was strong, and some magnetic material companies have run out of rare earth metal stocks. It is expected that the market procurement demand for PrNd products will pick up in February. In addition, the overall supply tightened, and the gap between supply and demand in the rare earth market is expected to expand in February.'
https://news.metal.com/newscontent/101734802/prnd-oxide-output-is-flat-in-january-and-will-drop-slightly-in-february-mom
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