Inner Mongolia BaoTou Steel Union announced that according to the rare earth concentrate price adjustment mechanism and calculation formula approved by the company's 2022 annual Shareholder meeting, it intends to adjust the related transaction price for rare earth concentrates in the first quarter of 2025 to 18,618 yuan/ton excluding tax (dry weight, REO=50%). This price is derived from the calculation formula and the market price of rare earth oxides in the fourth quarter of 2024, with an increase or decrease of 372.36 yuan/ton for every 1% change in REO.
包钢股份：2025年第一季度稀土精矿关联交易价格调整为不含税18618元/吨
Inner Mongolia BaoTou Steel Union: The related transaction price for rare earth concentrates in the first quarter of 2025 is adjusted to 18,618 yuan/ton excluding tax.
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