China Northern Rare Earth Group High-Tech Co Ltd (Northern Rare Earth) is a manufacturer and distributor of refined rare earth mine products, deep-processed rare earth products and new rare earth materials. The company's key product offerings include polishing powder, rare earth oxide, rare earth metals, rare earth concentrates, hydrogen storage material and aerospace communication applications. It carries out the development, production, sales and export of rare earth high-tech application products, rare earth products and chemical products among others. Northern Rare Earth’s operations include processing, smelting, separation, scientific research, and deep processing of rare earth minerals products. The company markets its products in the domestic and international markets through its subsidiaries. Northern Rare Earth is headquartered in Baotou, Inner Mongolia, China.
Headquarters
China
Address
No.83 Yellow River Road, Rare-Earth Hi-Tech Industrial Dev Zone, Baotou, 014030
Website
www.reht.com
Telephone
86 472 2207525
No of Employees
9,659
Industry
Metals and Mining
Ticker Symbol & Exchange
600111 (SHA)
Revenue (2022)
$5.5B
22.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
16.6%
(2022 vs 2021)
Market Cap*
$10.4B
Net Profit Margin (2022)
XYZ
-4.8%
(2022 vs 2021)
* As of and is in US$
China Northern Rare Earth Group High-Tech Co Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Polishing Powder |
| Rare Earth Metal |
| Rare Earth Concentrate |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In February, the company announced its plans to acquire 3% stake in Fujian Changting Jinlong Rare Earth. |
| 2022 | Others | In August, the company announced the integration of cohesive forces and promoting the development of northern rare earth Continuing to deepen party-building activities. |
| 2022 | Contracts/Agreements | In June, the company announced to build a rare earth polishing material production and R&D base. |
Competitor Comparison
| Key Parameters | China Northern Rare Earth Group High-Tech Co Ltd | Rising Nonferrous Metals Share Co Ltd | Beijing Zhong Ke San Huan Hi-Tech Co Ltd | China Rare Earth Resources and Technology Co Ltd | Wepon Pharmaceutical Holding Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Baotou | Guangzhou | Beijing | Ganzhou | Taizhou |
| State/Province | - | Guangdong | Beijing | Jiangxi | Zhejiang |
| No. of Employees | 9,659 | 1,358 | 5,650 | 378 | 1,569 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zhancheng Wang | Director; Secretary; Chief Financial Officer; Deputy General Manager | Executive Board | 2022 | 55 |
| Hao Zhongping | Deputy General Manager | Senior Management | 2020 | 54 |
| Qu Yedong | General Manager; Director | Senior Management | - | 47 |
| Han Peixin | Deputy General Manager | Senior Management | 2021 | 54 |
| Zhao Zhihua | Chief Engineer | Senior Management | 2022 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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