Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / China Minmetals Rare Earth Lost 55.8 Mln yuan in 2014 on Sluggish Rare Earth Demand

China Minmetals Rare Earth Lost 55.8 Mln yuan in 2014 on Sluggish Rare Earth Demand

Apr 3, 2015 15:53

Source:SMM

China Minmetals Rare Earth Co. reported a loss of 55.8 million yuan in the 2014 fiscal year due to weak rare earth prices.

SHANGHAI, Apr. 3 (SMM) – China Minmetals Rare Earth Co. reported a loss of 55.8 million yuan in the 2014 fiscal year due to weak rare earth prices.

“China’s economic slowdown and a lack of detailed measures favoring rare earth market left rare earth consumption poor, dragging down rare earth prices,” the company said in the annual report.

The company earned 255.4 million yuan in 2013.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China Minmetals Rare Earth Co.

2014 FY results

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

Minmetals Rare Earth’s Net Profit Soars in H1 2017

China Minmetals Rare Earth Co. reported a surge in its net profit in H1 2017.

time

Aug 15, 2017 17:04

Industry Reminder

Minmetals Rare Earth’s Net Profit Soars in H1 2017

Minmetals Rare Earth Reverses Losses in H1 2015 on Lower Costs

Despite sluggish rare earth market, China Minmetals Rare Earth Co. managed to reverse losses in H1 as its cost reduction efforts yielded fruit.

time

Aug 14, 2015 11:51

Yuguang Gold & Lead Returns to Profitability in 2014; New Operations Contribute

Henan Yuguang Gold & Lead Co. broke into the black in 2014 by registering a net profit of 23.4 million yuan ($3.8 million), the company’s annual report shows.

time

Apr 9, 2015 15:10

Zhongjin Lingnan’s 2014 Profit Grows to 470 Mln yuan as Zinc Prices Rise

Shenzhen Zhongjin Lingnan Nonfemet Co. registered a net profit of 470 million yuan in the 2014 fiscal year, up from 2013’s 391 million yuan, the company’s annual report says.

time

Apr 8, 2015 18:05

Sacredsun Posts 5.5% Rise in 2015 Profit; Backup Battery Business Contributes

Shandong Sacredsun Power Sources Co. – a leading lead-acid battery producer in China – reported a 5.51% growth in profits for 2014 fiscal year, according to the company’s annual report.

time

Mar 31, 2015 13:35

Jiangxi Copper Net Profit Falls 20.04% in 2014 on Lower Copper Prices

Jiangxi Copper Company Limited (JCC), China’s top copper producer, posted a 20.04% year-on-year fall in its net profit to 2.8 billion yuan () in 2014.

time

Mar 26, 2015 12:08

China Hanking’s Profit Down 95.3% in 2014 due to Indonesia Export Ban, Weak Iron Ore Price

China Hanking Holdings Ltd. registered a 95.3% year-on-year fall in net profit last year due mainly to Indonesia’s ban on unprocessed ore exports and plunging iron ore prices.

time

Mar 18, 2015 14:18

Humon Smelting Reports Sharp Rise in Lead Sales in 2014; Profit Up Slightly

Shandong Humon Smelting Co.’s net profit grew 7.1% year-on-year to 250 million yuan in 2014, and the company’s refined lead sales posted a 119.3% spike from 2013.

time

Mar 11, 2015 14:10

Xiamen Tungsten’s 2014 Profit Down 3.8% on Lower Tungsten Prices, Weak Rare Earth Market

Xiamen Tungsten Co.’s net profit dropped 3.8% in 2014 due to lower prices for tungsten and continued sluggishness in rare earth market.

time

Feb 13, 2015 10:12

Ye Chiu China Sees 40-60% Fall in 2014 Net Profit on Lower Aluminum Price

Ye Chiu Metal Recycling (China) Ltd. anticipates a 40-60% fall in its net profit for the full year of 2014, citing falling aluminum prices in China and overseas.

time

Feb 11, 2015 15:17

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.