The in-China market price for NdPr (VAT excluded), firmed throughout the quarter increasing from US$34/kg to US$39/kg at the end of June.
They never release the price they receive for NDPR rather a basket price therefore, I would expect the trailing price for next QTR to be in this range plus premium charged.
The NdPr price increase that began in November 2016 continued throughout the quarter and accelerated from mid-June, reaching USD 43/kg by early July.
Based on this comment October 17 pricing should be greater than $43/kg and if prices hold for this and LaCe and others we should see an awesome December QTR report in January 18.
Additionally, the new ore will start to be processed and I thought it was higher grade NDPR than previous ore (could be wrong).
All in All some serious cash could be on the way over the coming months if the rare earth gods keep smiling on us.
The in-China market price for NdPr (VAT excluded), firmed...
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