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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. 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, reaching markets in the US, the European Union, Japan, and other regions. It operates across multiple provinces and regions in China, including Inner Mongolia, Beijing, and Guangdong. 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, Inner Mongolia, 014030
Website
www.reht.com
Telephone
86 472 2207525
No of Employees
9,867
Industry
Metals and Mining
Ticker Symbol & Exchange
600111 (SHA)
Revenue (2024)
$4.6B
-1.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-57.6%
(2024 vs 2023)
Market Cap*
$22.9B
Net Profit Margin (2024)
XYZ
-56.9%
(2024 vs 2023)
* As of and is in US$
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 |
|---|---|---|
| 2025 | Plans/Strategy | In January, the company announced its plans to form a joint venture with Jinlong Rare Earth and construct a 5,000 mt Rare Earth Oxide Separation Production Line Project. |
| 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. |
Competitor Comparison
| Key Parameters | China Northern Rare Earth Group High-Tech Co Ltd | Chengtun Mining Group 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 |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Baotou | Xiamen | Guangzhou | Beijing | Ganzhou |
| State/Province | Inner Mongolia | Fujian | Guangdong | Beijing | Jiangxi |
| No. of Employees | 9,867 | 9,191 | 1,188 | 5,410 | 528 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liu Peixun | Chairman | Executive Board | 2024 | 56 |
| Huiwen Wang | Vice Chairman | Executive Board | 2006 | 63 |
| Wu Yonggang | Chief Compliance Officer; Director; Secretary | Executive Board | 2023 | 53 |
| Qu Yedong | Director; General Manager | Executive Board | - | 49 |
| Han Rui | Deputy General Manager | Senior Management | 2024 | 39 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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