Rare earth price is weakening at the international market. The supply is recently increasing in China, the world largest producer of rare earths. Meanwhile demand for permanent magnet is slowing down

In the first half of 2008, China’s output of stainless steel was 2.51m tons with an increase of 3.3% compared with the same period last year with an output of 2.43m tons

Rare earth price keeps increasing. The demand for the materials of permanent magnet and rechargeable battery expands under higher demand for automobile and digital

The price of rare earth products has been hiked up in May of 2007 once more, and the prices