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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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Baosteel Group: Plans to adjust the related transaction price of rare earth concentrates in the third quarter of 2025 to 19,109 yuan/ton excluding tax.
Jin10 reported on July 10 that Baotou Steel announced that based on the rare earth concentrate price adjustment mechanism and calculation formula approved at the company's 2022 annual general meeting, the company intends to adjust the related transaction price of rare earth concentrate for the third quarter of 2025 to a pre-tax price of 19,109 yuan/ton (dry weight, REO=50%). For every 1% increase or decrease in REO, the pre-tax price will increase or decrease by 382.18 yuan/ton.