Northern Rare Earth reports strong Q3 and YTD growth

For the first nine months of 2025, China Northern Rare Earth Group High-Tech reported a 40.50% increase in operating revenue to 30.29bn yuan, with total profit surging by 157.35% to 2.58bn yuan. Net profit attributable to shareholders rose by 280.27% to 1.54bn yuan, while basic earnings per share reached 0.4264 yuan, up 280.27%. The company attributed these gains to increased sales volumes and higher prices of its main products.

In the third quarter of 2025, operating revenue grew by 33.32% to 11.42bn yuan, and net profit attributable to shareholders increased by 69.48% to 610.02m yuan. Production and sales data for the first nine months show notable increases across key segments. Rare earth oxides production rose by 93.45% to 22,099.77 tonnes, and sales by 21.20% to 29,999.15 tonnes. Rare earth metals production was up 26.67% to 36,304.95 tonnes, with sales increasing by 23.50% to 34,163.66 tonnes.

The company's strategic initiatives, including optimized production, enhanced cost control, and accelerated key project construction, contributed to this robust performance. Significant progress was made on projects such as the new-generation green rare earth beneficiation and smelting upgrade, with the first phase nearing completion and the second phase advancing. Research and development also saw substantial investment, with a 43.35% increase in R&D expenses, leading to advancements in new products and technologies.