China Northern Rare Earth

China Northern Rare Earth (Group) High-tech Co., Ltd. (Chinese: 中国北方稀土（集团）高科技股份有限公司), known as China Northern Rare Earth (Chinese: 北方稀土; pinyin: Běifāng Xītǔ) and abbreviated CNREG,[1] is based in Baotou National Rare Earth High-Tech Industrial Development Zone, Baotou, Inner Mongolia, China. The company's products include rare earth concentrate and highly processed rare earth products.[2]

The company is listed on the Shanghai Stock Exchange.[3][4] Its CEO is Dianqing Zhao (赵殿清), and its general manager is Yedong Qu (瞿业栋).[1][3][5]

In 2018, the company made a profit of 606 million RMB on revenue of 13.85 billion RMB.[4]

History

In 2008, China Northern Rare Earth merged with Baotou Steel Rare Earth, and by 2009 the company's market share reached 90%. In 2010, the company's performance rose dramatically, increasing by a factor of 12.46.[6] In 2014, Baotou Steel Rare Earth established China Northern Rare Earth Group, one of the largest rare earth corporations in China.[7]

References
  1. "The next chapter of China's rare earth industry". Asia Financial. 17 January 2021. Retrieved 24 December 2021.
  2. 郭朝先，刘嘉著 (2015). 包头市新源稀土高新材料有限公司考察 (in Chinese). 北京：经济管理出版社. pp. 220–221. ISBN 978-7-5096-3465-3.
  3. "600111.SS - China Northern Rare Earth Gp H-T Co Ltd Profile". Reuters. Retrieved 24 December 2021.
  4. "Can the US take back some control of rare earths from China?". South China Morning Post. 26 May 2019. Retrieved 24 December 2021.
  5. "北方稀土领导人员名单 - 北方稀土（集团）高科技有限责任公司" (in Chinese). Retrieved 24 December 2021.
  6. 飞扬著 (2015). 牛股是怎样炼成的. 广州：广东经济出版社. pp. 1–2. ISBN 978-7-5454-3904-5.
  7. 黄小卫，李红卫主编 (2015). 中国稀土. 北京：冶金工业出版社. pp. 195–196. ISBN 978-7-5024-6807-1.
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