The weight of Nd in Nd2O3 is 85%, so a kg of Nd procedued from Nd oxide which cost RMB280/kg would cost at least RMB330/kg of oxide. Plus other agent, electricity to electrolytic and factory, that would leave small margin or none when sell at RMB380/kg.
Please correct me as I dont understand how chinese business make money from this thin margin.
neodynium continues to rise day by day, page-7
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