China's rare-earth miners suffer profit falls as new supply chains ri…
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foreign countries are now proactively installing rare-earth supply chains independent from China, importing foreign-mined rare-earth and manufactured products Revenue dropped by 81.9% to 301.55 million yuan, leading to a net loss of 288.76 million yuan, versus a net profit of 108.97 million yuan in
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- foreign countries are now proactively installing rare-earth supply chains independent from China,
- importing foreign-mined rare-earth and manufactured products
- Revenue dropped by 81.9% to 301.55 million yuan, leading to a net loss of 288.76 million yuan, versus a net profit of 108.97 million yuan in the same period a year earlier
- Shenghe Resources Holding, a Shanghai-listed rare-earth company backed by the Finance Ministry, saw its annual net profit fall by 79% for the year to 332.73 million yuan, according to its own announcement over the weekend.
- China Northern Rare Earth (Group) High-Tech
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