Fluorite prices continued to decline in May 2025. Prices for AHF remained stable with a slight downward trend in May 2025. The price of R22 prices remained high and stable in May 2025. The price of AIF3 prices continued their downward trajectory in May 2025.
Important market dynamics in May 2025
- On 23 May, 2025, the environmental impact report for Fujian Haidefu New Materials Co., Ltd.'s 5,000 t/a high-performance fluoromaterial project (Phase 1.5) was approved.
- On 13 May, 2025, Zhejiang Kings Resources Group Co., Ltd. held its 2024 annual and Q1 2025 performance briefing, addressing investor concerns on mine safety upgrades, the recovery of gross profit margin for the Jin'ebo AHF project, the Mongolia fluorite project, and progress in fluorite-AHF industry integration.
- On 7 May, 2025, the 1.5 million t/a fluorite mineral processing plant project at the Piyazidaban Fluorite Mine, operated by Xinjiang Amberich Energy Co., Ltd., officially commenced construction in Ruoqiang County, Xinjiang Uygur Autonomous Region.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.2008 on 6 May, 2025, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
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