Northern Rare Earth responds to the proposed cancellation of monthly listing prices: It is true, and there may be daily quotations.

On January 6th, it was reported that Northern Rare Earth intends to cancel its monthly listing price. Due to adjustments in its business strategy, the company plans to stop publishing monthly listing prices starting from January 2025. In the future, long-term contract prices may be based on the daily prices published by the Rare Earth Exchange. In response to this, a staff member from Northern Rare Earth’s Securities Department confirmed the news of canceling the monthly listing price. The company’s main intention is to adapt to the market, as the frequency of monthly listings is too low. In the future, daily prices may be provided, and the exact information will be based on the company’s official statement.