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China Northern Rare Earth (600111.SH): In the first quarter of 2025, the trading price of rare earth concentrates will be adjusted to 18,618 yuan/ton, excluding tax.
On January 9, Gelonghui reported that China Northern Rare Earth (600111.SH) announced that, based on the pricing method for rare earth concentrates and the prices for rare earth oxides in the fourth quarter of 2024, it has been calculated and approved by the company's first general manager office meeting in 2025 that the trading price of rare earth concentrates in the first quarter of 2025 will be adjusted to 18,618 yuan/ton excluding tax (dry weight, REO=50%), and for every 1% increase or decrease in REO, the price will increase or decrease by 372.36 yuan/ton.
China Northern Rare Earth (Group) High-Tech Co.,Ltd's (SHSE:600111) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Big changes! China Northern Rare Earth cancels the listing price and adopts the real-time Quote from the Rare Earth Exchange. Is the Trade for rare earth prices based on the "Baotou Index" being put on the agenda?
① Starting from January 2025, China Northern Rare Earth will no longer publish listed prices, and future long-term contract prices will use the real-time Quote from the Rare Earth Exchange; ② The Rare Earth Exchange will collect prices, and the landscape of rare earth Quote merchants will undergo a "major reshuffle," and the related Trade prices of rare earth concentrates may also change; ③ China Northern Rare Earth adopting the Quote from the Rare Earth Exchange is more fundamentally aimed at creating a rare earth price trading "Baotou Index."
China Northern Rare Earth Ties Up With Xiamen Tungsten's Unit to Set Up 300 Million Yuan Joint Venture
China Northern Rare Earth (600111.SH): plans to establish a joint venture with 0.153 billion yuan to build a rare earth oxide separation production line project.
Glory Holdings reported on December 30 that China Northern Rare Earth (600111.SH) announced that the company plans to invest 153 million yuan with its own funds to jointly establish Northern Jinlong (Baotou) Rare Earth Co., Ltd. (tentative name, subject to final approval by the market supervision and administration department, hereinafter referred to as the new company) in partnership with Fujian Jinlong Rare Earth Co., Ltd., in which the company holds a stake. The new company intends to construct a 5,000-ton rare earth oxide separation production line project. The registered capital of the new company is proposed to be 300 million yuan, with the company holding 51% of the equity, making it the controlling shareholder; Jinlong Rare Earth holds 49% of the new company.
Investors in China Northern Rare Earth (Group) High-TechLtd (SHSE:600111) Have Seen Stellar Returns of 108% Over the Past Five Years
FaqnDeath99 : Very nice and thorough, thank you