Inner Mongolia Baotou Steel Union plans to adjust the associated transaction price of rare earth concentrate in the first quarter of 2026 to 26,834 yuan per ton, excluding tax.
Baosteel Group (600010.SH) announced that, based on the rare earth concentrate price adjustment mechanism and calculation formula approved at the company's 2022 annual general meeting of shareholders, the company plans to adjust the price of rare earth concentrate related transactions in the first quarter of 2026 to 26834 yuan/ton (dry weight, REO=50%) excluding tax. For every increase or decrease of 1% in REO content, the tax-excluded price will increase or decrease by 536.68 yuan/ton.
Inner Mongolia Baotou Steel Union (600010.SH) has announced that, according to the rare earth concentrate price adjustment mechanism and calculation formula approved by the company's 2022 annual shareholders' meeting, the company plans to adjust the price of rare earth concentrate related transactions for the first quarter of 2026 to 26,834 yuan/ton (dry weight, REO=50%) excluding taxes. The price will increase or decrease by 536.68 yuan/ton for each 1% increase or decrease in REO content.
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