China Northern Rare Earth (600111.SH): The transaction price of rare earth concentrates in the first quarter has been adjusted to 18,618 yuan per ton excluding tax.

China Northern Rare Earth (600111.SH) has announced that based on the pricing method of rare earth concentrate and the price of rare earth oxide in the fourth quarter of 2024, it has been calculated and approved by the company's first executive meeting in 2025. The trading price of rare earth concentrate in the first quarter of 2025 has been adjusted to 18,618 yuan per ton (dry weight, REO=50%) excluding tax. For every increase or decrease of 1% in REO content, the price will increase or decrease by 372.36 yuan per ton.