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China Minmetals Reviews Q3 2026 Results, Targets Loss-Making Units and Advanced Manufacturing Expansion

Nov 1, 2026

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Highlights

  • China Minmetals leadership met October 14 to review Q3 2026 results, demanding action on loss-making businesses and working capital discipline
  • Subsidiary Minmetals Development reported nine-month revenue down 12.9% to RMB 35.63 billion with net income collapsing to approximately RMB 0.25 million
  • Management is pursuing a second growth curve in advanced manufacturing aligned with China's 2026–2030 Five-Year Plan, but no specific projects were identified
  • REEx flags a key contradiction: optimistic progress claims alongside unresolved financial weaknesses in accounts receivable and inventory management

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China Minmetals Corporation

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Inspired to launch Rare Earth Exchanges in part due to his lifelong passion for geology and mineralogy, and patriotism, to ensure America and free market economies develop their own rare earth and critical mineral supply chains.

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China Minmetals tightens financial controls, targets loss-making units and advanced manufacturing as Q3 2026 results show uneven performance across (read full article...)

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