The price of dysprosium and terbium stayed strong post-Chinese Lunar New Year holiday, thanks to the aggressive export licensing policy being deployed by the authorities. Dysprosium and terbium oxide prices have once again increased by +4.34% and +2.59% at market close on February 26th compared to the last update I did on the 13th, according to figures from the Association of China Rare Earth Industry (ACREI).
This week, eight authoritative bodies in China, including the Ministry of Industry and Information Technology (MIIT), the Ministry of Public Security, and the General Administration of Customs of China (GACC) issued a joint statement forcing local governments to immediately investigate any illegal activities in the process of rare-earth exploitation, production and circulation.
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