Shenghe Resources Expects H1 Net Profit to Surge 112.25%-146.75% YoY Amid Strong Rare Earth Demand

Published: Jul 10, 2026 18:29

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Shenghe Resources: expects H1 net profit to be 800 million to 930 million yuan, up 112.25% to 146.75% YoY; during the reporting period, driven by factors such as rare earth industry policies and downstream demand, market demand for major rare earth products improved overall, and the average selling price of products increased significantly compared to the previous year.

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