Company Profile

China Northern Rare Earth Group

Country

Entity

Public

Ticker

600111

Overview

About China Northern Rare Earth Group

China Northern Rare Earth (Group) High-Tech Co., Ltd. (SSE: 600111) is the world’s largest producer of rare-earth products and a pure-play rare-earth company headquartered in Baotou, Inner Mongolia, China. It is the listed flagship of the state-controlled Northern Rare Earth group and processes feedstock from the giant Bayan Obo deposit, the world’s largest rare-earth resource, focusing on light rare earths such as lanthanum, cerium, praseodymium and neodymium. The company’s vertically integrated operations span rare-earth salts, oxides and metals, plus downstream functional materials including NdFeB permanent magnets, polishing powders, hydrogen-storage and catalytic materials, and energy-saving motors. It carries a market capitalization equivalent to roughly twenty billion US dollars. A notable recent development is the company’s continued role in setting China’s official rare-earth production quotas and benchmark praseodymium-neodymium pricing amid tightening global supply.

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