Northern Rare Earth forecasts substantial profit surge in first three quarters

China Northern Rare Earth Group High-Tech Co., Ltd. projects a net profit attributable to shareholders of RMB 1.51 bn to RMB 1.57 bn for the first three quarters of 2025, a 272.54% to 287.34% year-over-year increase. This rise is attributed to strategic initiatives, including enhanced market responsiveness, cost reduction, optimized production, and accelerated project development. The company’s focus on green development, technological upgrades, and market expansion contributed to increased sales volumes for key rare earth products.

In a related announcement, the company adjusted its rare earth concentrate transaction price for the fourth quarter of 2025 to RMB 26,205 per tonne (dry weight, 50% REO), exclusive of tax. This adjustment follows a pricing mechanism approved by the board and shareholders in March 2023, which mandates quarterly price revisions based on rare earth oxide prices.

The company's robust operational performance and strategic capital allocation, including ongoing key project construction and advancements in research and development, underpin its optimistic profit forecast. These efforts are designed to reinforce core competitiveness and capitalize on stable domestic market demand.