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Rare earths market Update 2024#5: Market prices fall, Chinese prices are at their lowest level

The overall rare-earth market declined in late February~early March 2024. With the prolonged economic slowdown in China, Chinese rare-earth prices have fallen and international prices have also fallen. Market is experiencing a downturn in demand sentiment for magnets for electric vehicles (EVs) which has run its course is also weighing on the market.
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