Rare earth performance in the first quarter exploded! It may indicate that the rare earth price index has stabilized and rebounded.

China's rare earth company released its first quarter report on the evening of April 27, 2025, with operating income of 728 million yuan, a year-on-year increase of 141.32%; net profit attributable to the owners of the parent company was 72.6181 million yuan, a turnaround from a net loss of 289 million yuan in the same period last year. It is not just China's rare earth company that has performed well, two other well-known rare earth companies, Northern Rare Earth and Guangsheng Nonferrous, also had impressive performance in the first quarter. According to the announcement of Northern Rare Earth, it is expected to achieve a net profit attributable to the owners of the parent company of 425 to 435 million yuan in the first quarter of 2025, an increase of 716.49% to 735.70% year-on-year. Guangsheng Nonferrous also disclosed that the net profit attributable to the company's shareholders for January to March 2025 is expected to be 40 to 50 million yuan, achieving a turnaround from a loss to a profit. The first quarter performance of rare earth companies has improved significantly, which may indicate that the rare earth price index, which has been falling continuously last year, has started to stabilize and rebound. Looking at the annual report of Northern Rare Earth, the market trend may have already started to turn around from the fourth quarter of last year.