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 [zh], 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

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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

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  1. ^ a b "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. ^ a b "600111.SS - China Northern Rare Earth Gp H-T Co Ltd Profile". Reuters. Retrieved 24 December 2021.
  4. ^ a b "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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