Rare Earth Permanent Magnet Sector Shows Vitality, Zhongke Magnetic Industry Surges Over 10%

1 day ago / Read about 0 minute

Author：小编

On the afternoon of April 7, 2026, stocks within the rare earth permanent magnet sector exhibited strong momentum. Zhongke Magnetic Industry stood out with a remarkable surge of over 10%. Other key players like China Rare Earth Nonferrous Metals, Baotou Steel, and Shenghe Resources also spearheaded the market gains. According to recent news, the price of praseodymium neodymium oxide witnessed a weekly increase exceeding 6% last week, concluding at approximately 750,000 yuan per ton. Tianfeng Securities' analysis points out that rare earth prices are experiencing an accelerated recovery, underscoring their cost-effectiveness following a period of adjustment.

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