China Northern Rare Earth Invests $228M in Two Major Rare Earth Projects to Boost Industry Chain

Published: Mar 31, 2026 22:03

Save

China Northern Rare Earth (600111) consecutively issued two investment announcements, simultaneously advancing two major projects—10kt of rare earth metal alloys and 10kt of cerium-containing NdFeB magnetic materials—through a model featuring one controlling stake, one equity participation, and upstream-downstream coordination, so as to accelerate the development of the “two rare earth bases” and the upgrading of the entire industry chain. Both of the above investment proposals were unanimously approved by the company’s board of directors, and China Northern Rare Earth’s total investment in the two projects amounted to approximately 228 million yuan.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

9 hours ago

Rare Earth Prices Rose While Volumes Fell in April, Export Data Improved — How Will the Market Perform Amid the Tug-of-War Between Sellers and Buyers? [SMM Monthly Analysis]

9 hours ago

19 hours ago

MOC: China-U.S. Economic, Trade Talks in S. Korea May 12-13

[SMM Rare Earth News Flash] On May 10, the spokesperson of the Ministry of Commerce answered reporters' questions regarding issues related to China-U.S. economic and trade consultations. A reporter asked: There have been recent reports that China and the U.S. will soon hold the next round of economic and trade consultations. Does the Ministry of Commerce have any latest updates? Answer: As agreed upon by both China and the U.S., He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, will lead a delegation to South Korea from May 12 to 13 to hold economic and trade consultations with the U.S. side. Both sides will be guided by the important consensus reached by the two heads of state during their Busan meeting and previous phone calls, and will conduct consultations on economic and trade issues of mutual concern.

19 hours ago

May 9, 2026 18:27

Tianhe Magnetics: Q1 Net Profit Up 33.41% YoY, Raw Material Prices Remained at High Levels, Prices of Some Sales Orders Raised

May 9, 2026 18:27