CHINA RARE EARTH RESOURCES AND TECHNOLOGY CO., LTD.
中国稀土
000831
Shenzhen Stock Exchange
Company Profile
The company is one of the largest companies in south ion-type rare earth separation and processing in China, and its obtained total quantity control plan targets of medium-heavy rare earth smelting separation have ranked among the best in recent years. The company’s main products include high purity single rare earth oxides and rare earth compound, and it has established a complete quality management system; all of its subordinated separation enterprises have passed the certification of ISO9000/ISO14000/OHSAS18000, and its separation technology, environmental protection technologies, product quality control and etc. have achieved internationally leading level.
Full description
China Rare Earth Group Resources and Technology Co., Ltd. (hereinafter referred to as "Company") serves as the core listed entity of China Rare Earth Group. The predecessor of the company was Shanxi Guanlu Co., Ltd. In 2012, China Minmetals Corporation implemented a major asset restructuring of the former Shanxi Guanlu Co., Ltd. and renamed the company as "Minmetals Rare Earth Co., Ltd." On September 13, 2022, the Company’s actual controlling entity was officially transferred from China Minmetals Corporation to China Rare Earth Group Co., Ltd. On October 12, 2022, the company was renamed from "Minmetals Rare Earth Co., Ltd." to "China Rare Earth Group Resources and Technology Co., Ltd." The company is primarily engaged in the production and operations of rare earth minerals and rare earth oxides, as well as rare earth technology research and development, and consulting services. Through mining and external procurement of rare earth raw materials for separation and processing, its core products include high-purity single rare earth oxides and rare earth co-precipitates. Over 80% of these products exhibit purity levels exceeding 99.99%, with specific rare earth oxides such as high-purity lanthanum oxide and yttrium oxide achieving purities of up to 99.999% or higher. Leveraging superior performance characteristics, the company's products are widely applied in magnetic materials, luminescent materials, catalytic materials, crystal materials, and high-end electronic components. Rare earths are vital strategic resources and non-renewable materials, hailed as the "vitamins" of modern industry. They serve as indispensable key materials for transforming and upgrading traditional industries, developing strategic emerging industries, and advancing national defense and technology sectors. Since its establishment, the company has remained dedicated to rare earth industry operations, building comparative strengths in production technology, product quality, quality control, energy conservation, environmental protection, trade management, team leadership, and compliance governance. In recent years, it has maintained sustained positive growth in operational scale and performance, with continuous improvement in asset size and quality, supported by a rational asset-liability structure. As a specialized rare earth listed platform controlled by a central state-owned enterprise, the company has gained broad recognition for its core business focus, diversified equity structure, scientific governance, and operational efficiency.