SHANGHAI, Oct. 12 (SMM) – Guangsheng Nonferrous Metals Co. said it may return to profitability in the first three quarters of the year, thanks to a rally in rare earth prices.
It expects to earn 5-10 million yuan in this period, compared to 118 million yuan losses in the same period of last year.
It reported 32.27 million yuan losses in H1 2017.
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