Baosteel Adjusts Q3 2026 Rare Earth Concentrate Transfer Price to 38,565 Yuan/Ton

Baosteel announced on July 9 that it will adjust the rare earth concentrate transfer pricing for Q3 2026 to 38,565 yuan per ton (before tax, dry basis, REO 50%), following the pricing mechanism approved at its 2022 annual shareholder meeting.

For every 1% increase or decrease in REO content, the price will rise or fall by 771.3 yuan per ton accordingly.

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