Rare earth permanent magnet sector short-term rally, Long Magnetic Technology up over 10%

K-LinePoet · 2026-02-24T04:46:48+00:00

The rare earth permanent magnet sector has recently experienced a short-term surge, with Longci Technology rising over 10%. The rare earth ETF also saw a slight increase, with trading volume steadily growing. According to data, the prices of praseodymium oxide and neodymium oxide have risen sharply, with year-to-date increases of over 42% each.

K-LinePoet

2026-02-24 04:46:48

Abstract generation in progress

The rare earth permanent magnet sector experienced a short-term surge, with Long Magnetic Technology rising over 10%, Shenghe Resources, Huaxin Environmental Protection, Jiuling Technology, and China Rare Earth also gaining. Regarding related ETFs, the Rare Earth ETF (159713) increased by 1.13%, with a trading volume of 31.2886 million yuan; the E Fund Rare Earth ETF (159715) rose by 1.16%, with a trading volume of 20.7396 million yuan. According to data from Baotou Rare Earth Products Exchange, as of February 11, the average price of praseodymium oxide reached 877,000 yuan/ton, up more than 260,000 yuan/ton this year, a 43.42% increase; the average price of neodymium oxide reached 870,000 yuan/ton, up 260,000 yuan/ton this year, a 42.62% increase; the year-to-date increases for praseodymium-neodymium oxide, metallic neodymium, and metallic praseodymium all exceed 35%.

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