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Baogang Co., Ltd.: The price adjustment for the related transaction of rare earth concentrates in the fourth quarter of 2025 is set at 26,205 yuan/ton excluding tax.
Jin10 reported on October 10 that Baogang Co., Ltd. announced that according to the rare earth concentrate price adjustment mechanism and calculation formula approved at the company's 2022 annual general meeting, it plans to adjust the related transaction price of rare earth concentrate for the fourth quarter of 2025 to 26,205 yuan/ton (dry weight, REO=50%) excluding tax. For every 1% increase or decrease in REO, the price excluding tax will increase or decrease by 524.10 yuan/ton.