WARNING
The End of Cheap Magnetics: China's 45% Price Hike and the Sulphuric Squeeze
China Northern Rare Earth Group has announced a 45% price hike for Q2 2026, signalling a shift from market-share dominance to revenue maximisation. Simultaneously, China is tightening sulphuric acid supply — the key reagent for rare earth leaching — creating a double squeeze on non-Chinese refineries.