China Rare Earth Nonferrous Metals Projects Massive Interim Profit Surge

Stock News07-13

China Rare Earth Nonferrous Metals Co.,Ltd. (600259.SH) has issued a positive earnings forecast, projecting a significant year-on-year rise in its net profit for the first half of the year.

The company anticipates that its net profit attributable to shareholders for the first half of 2026 will be in the range of 3.7 billion yuan to 4.3 billion yuan.

This represents a substantial increase of between 410.35% and 493.11% compared to the same period last year.

The company attributes this robust performance primarily to shifts in the supply-demand dynamics within the rare earth industry during the period, coupled with a year-on-year increase in the prices of major rare earth products.

By innovating its integrated operational model, the company effectively coordinated the procurement of raw materials for its separation plants with the market sales of its full product line.

Through careful analysis of market supply and demand fluctuations, it dynamically adjusted its product output structure.

These strategic measures led to a considerable enhancement in the operational value of its core rare earth business.

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