China Northern Rare Earth (Group) High-Tech Co.,Ltd.
600111.SS
Shanghai Stock Exchange47.31
CNY
-1.26
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China Northern Rare Earth (Group) High-Tech Co.,Ltd.
600111.SS
(Shanghai Stock Exchange)
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47.31
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ROIC.AI
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- Business
- China Northern Rare Earth (Group) High-Tech Co., Ltd. is a China-based company primarily engaged in the production and sale of rare earth products. Its main products include rare earth salts, rare earth oxides, rare earth metals, and a wide range of rare earth functional materials such as rare earth magnetic materials, polishing materials, hydrogen storage materials, and catalytic materials. The company also manufactures rare earth terminal application products including nickel-hydrogen power batteries and rare earth permanent magnet energy-saving motors. It operates across multiple business segments: trading of rare earth raw materials, production of rare earth raw materials, rare earth functional materials and application products, and environmental protection services involving waste gas, wastewater, and solid waste treatment and recycling. Headquartered in Baotou, Inner Mongolia, the company has a global footprint spanning China, Asia, the Americas, and Europe. Founded in 2000, China Northern Rare Earth leverages advanced processing capabilities, with about 60% of its sales deriving from high-tech processed rare earth products, particularly magnetic materials. The company supports China’s strategic goals in rare earth resource security and has recently been involved in setting national occupational standards for rare earth smelters and technicians to strengthen the workforce in its industry. Notable recent developments include securing approval to issue up to 1.5 billion yuan in medium-term notes and 1 billion yuan in ultra-short-term commercial papers to support expansion. The company also continues to push into high-end rare earth applications, signaling its move up the value chain with new product launches in rare earth polishing materials. These efforts align with broader industry consolidation trends in China to enhance efficiency, pricing power, and global supply chain dominance. China Northern Rare Earth operates under a strategic framework focused on supply chain control, high-tech innovation, and environmental sustainability, maintaining a competitive position in the global rare earth market through its diversified product portfolio and ongoing investments in research and development. It remains a critical player in both raw materials and finished rare earth products, addressing the needs of technology, green energy, and industrial sectors worldwide. Its major shareholders include state-owned entities aligned with China’s national resource strategy. This company continues to be significant in the rare earth industry given China's dominant role in the sector and its efforts to tighten export controls and industry regulations for strategic advantage.