In h1 2025, China Rare Earth achieved revenue of 1.875 billion yuan, increased by 62.38% year-on-year; net profit attributable to shareholders of the parent company was 162 million yuan, increased by 166.16% year-on-year; net profit after deducting non-recurring gains and losses was 155 million yuan, increased by 160.70% year-on-year; net cash flow from operating activities was -45.5957 million yuan, increased by 82.82% year-on-year; basic earnings per share was 0.1524 yuan, increased by 166.17% year-on-year; as of the end of the reporting period, total assets were 5.602 billion yuan, increased by 2.13% year-on-year; and shareholders’ equity attributable to the parent company was 4.801 billion yuan, increased by 3.41% year-on-year.
During the reporting period, the rare earth market experienced an overall upward trend. China Rare Earth strengthened market analysis, effectively seized the opportunity of rising rare earth product prices, adjusted its marketing strategies, and achieved year-on-year sales growth. The company also promoted the optimization and upgrading of production processes and operations, continuously improving quality and efficiency. According to CTIA GROUP LTD Online statistics, from January to June 2025, the average price of praseodymium oxide was 449,822 yuan per ton, increased by 14.06% year-on-year; neodymium oxide was 442,237 yuan per ton, increased by 12.77% year-on-year; praseodymium-neodymium oxide was 431,534 yuan per ton, increased by 12.56% year-on-year; praseodymium-neodymium metal was 530,780 yuan per ton, increased by 11.65% year-on-year; terbium oxide was 6,645 yuan per kilogram, increased by 11.51% year-on-year; dysprosium oxide was 1,668,263 yuan per ton, decreased by 14.91% year-on-year; and dysprosium-iron alloy was 1,629,059 yuan per ton, decreased by 15.23% year-on-year.
China Rare Earth primarily engages in the mining, processing, and smelting separation of ion-adsorption rare earth ores, rare earth product trading, and rare earth technology research and consulting services. Its subsidiary, Hunan Rare Earth, focuses on the mining, processing, and smelting separation of ion-adsorption rare earth ores. In the field of ion-adsorption rare earth mining, Hunan Rare Earth was the first to innovate with a continuous automated leaching mother liquor treatment process and explored green, efficient leaching-extraction integrated technologies. It employs an industry-leading automated continuous impurity removal and precipitation process, enabling 24-hour continuous operation and significantly enhancing labor productivity. Additionally, through RO membrane technology, it pioneered solutions within the industry for the concentration of ion-adsorption rare earth mine mother liquor, recovery of leaching agents, and rare earth technology and equipment challenges, effectively addressing water balance issues in ion-adsorption rare earth mines during the rainy season.
Hunan Rare Earth holds the only ion-adsorption rare earth mining right in Hunan Province. The explored rare earth resource reserves in its mining area reach the scale of a large ion-adsorption rare earth deposit, giving it a clear resource advantage. Furthermore, Hunan Rare Earth is the first ion-adsorption rare earth mine designated as a "national green mine" by the Ministry of Natural Resources.
