China Northern Rare Earth Forecasts 135% to 139% Profit Surge as Rare Earth Prices Strengthen

Highlights

• China Northern Rare Earth projects net profit of RMB 3.62–3.68 billion for January–September 2026, a rise of up to 138.84% year over year.
• Recurring profit excluding unusual items is forecast to surge up to 171%, signaling strong improvement in core operations.
• Praseodymium-neodymium oxide prices averaged approximately 57% higher year over year during the first nine months of 2026.
• The company reports record separation, metal, and magnetic material output alongside a green smelting modernization program.
• Planned ventures target rare earth alloys and cerium-containing NdFeB magnets, deepening China's downstream manufacturing advantage.