RE Prices, page-6

Smart comparison Goofy, I'll copy with metals, first step value add:

Dec 17:

Lanthanum Metal(TREM≥99.0%) 35,000-37,000 RMB/ton

Cerium Metal(TREM≥99.0%) 35,000-37,000 RMB/ton

Neodymium Metal(TREM 99.0-99.9%) 400,000-420,000 RMB/ton

Praseodymium Metal(TREM 96.0-99.0%) 520,000-540,000 RMB/ton

Dysprosium Metal(TREM≥99%) 1,600-1,700 RMB/kg

Terbium Metal(TREM≥99.9%) 4,000-4,200 RMB/kg

Dec 16:

Lanthanum Metal(TREM≥99.0%) 28,000-30,000 RMB/ton

Cerium Metal(TREM≥99.0%) 29,000-31,000 RMB/ton

Neodymium Metal(TREM 99.0-99.9%) 337,000-341,000 RMB/ton

Praseodymium Metal(TREM 96.0-99.0%) 420,000-440,000 RMB/ton

Dysprosium Metal(TREM≥99%) 1,700-1,800 RMB/kg

Terbium Metal(TREM≥99.9%) 3,800-4,000 RMB/kg

Without doing every calculation appears to show an even broader spread, LRE +20/25%, and HRE still falling.

And go a further step downstream to alloy, both points are further emphasised:

Dec 17:

Lanthanum-cerium Alloy(TREM≥99% Ce/TREM≥65% ) 35,000-37,000 RMB/ton

Praseodymium-Neodymium Alloy(Pr/TREM 20-25% Nd/TREM 75-80% TREM≥98.5%) 410,000-430,000 RMB/ton

Battery Grade Misch Metal(TREM≥99.0% Nd/TREM≥15%) 140,000-150,000 RMB/ton

Dysprosium-Iron Alloy(Dy80%) 1,180-1,200 RMB/kg

Dec 16:

Lanthanum-cerium Alloy(TREM≥99% Ce/TREM≥65% ) 25,000-27,000 RMB/ton

Praseodymium-Neodymium Alloy(Pr/TREM 20-25% Nd/TREM 75-80% TREM≥98.5%)
337,000-342,000 RMB/ton

Battery Grade Misch Metal(TREM≥99.0% Nd/TREM≥15%) 120,000-130,000 RMB/ton

Dysprosium-Iron Alloy(Dy80%) 1,230-1,250 RMB/kg

I'll suggest that indicates a level of acceptance for higher prices downstream, and the fact nobody is using much Dy in their mags anymore.