Dysprosium

SMM's daily market review describes sluggish trading and diverging rare earth prices, with Pr-Nd softening while medium-heavy rare earths such as dysprosium held steady. Inquiry activity across the market remained low.

Chinese authorities detained several Japanese businesspeople as Beijing tightens export controls on rare earths and dual-use goods bound for Japan. Tokyo warned Japanese companies operating in China to exercise greater caution, deepening concerns over heavy rare earth supply.

USA Rare Earth announced that its Wheat Ridge, Colorado hydrometallurgical facility separated commercial-grade dysprosium oxide and NdPr oxide from recycled magnet scrap. The milestone makes it one of the few producers outside Asia capable of separating heavy rare earths.