Northern Rare Earth details progress on "Two Rare Earth Bases" strategy, financial growth

China Northern Rare Earth Group High-Tech Co., Ltd. reported substantial progress on its "Two Rare Earth Bases" strategy, including new developments in industrial clusters, digitalization, and green manufacturing. The company saw a 52.63% increase in rare earth product trading volume at the Baotou Rare Earth Products Exchange in the first half of 2025, reaching 95,200 tonnes (REO) and generating a transaction value of CNY 7.156 bn. This period also saw a 17.86% growth in trading varieties, now totaling 33.

The company's new green rare earth smelting upgrade project, a key "14th Five-Year Plan" strategic initiative, is set to process 198,000 tonnes/year of 58.09% REO mixed rare earth concentrate. This project is designed to reduce acid-alkali consumption by over 20%, new water usage by 30%, and energy consumption by approximately 15%, aiming for intelligent and green production.

Financially, the company's half-year operating performance showed significant year-on-year growth, maintaining its industry-leading position in revenue, profit, output value, and market capitalization. In March 2025, controlling shareholder Baogang (Group) Company increased its stake in the company by 1.19%, investing CNY 1 bn. The company has a consistent dividend policy, having distributed cash dividends 22 times since its listing, totaling CNY 5.546 bn.