Chinese policy boosts rare earths spending, but effect could be short-lived
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Prices for light and heavy rare earths increased over August 2024 as demand-bolstering Chinese policies for consumer goods took effect. PrNd rose 9% to RMB 392,500/tonne ($55,343) over August, according to Benchmark’s Rare Earths Price Assessment, building on July’s uptick of 1.5%, Heavy rare earths prices rose at a slower pace of 5.7% and 1.7% […]