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Baosteel adjusts rare earth concentrate prices for Q3 2025

July 10, 2025 at 05:06 PM UTCBy FilingReader AI

Inner Mongolia BaoTou Steel Union announced a price adjustment for its rare earth concentrate transactions for the third quarter of 2025. The price will be adjusted to CNY 19109 per ton (dry basis, REO=50%), excluding tax. This adjustment is based on a previously approved pricing mechanism.

The company's pricing mechanism, agreed upon with China Northern Rare Earth (Group) High-tech Co., Ltd., will be applied quarterly. Any changes in REO content will also affect the price accordingly.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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