In 2024, China Rare Earth reported revenue of 3.027 billion yuan, down 24.09% year-on-year; net profit attributable to shareholders was -287 million yuan, a decline of 168.69% year-on-year; non-recurring profit-adjusted net profit was 145 million yuan, down 158.65% year-on-year; net cash flow from operating activities was 594 million yuan, down 271.65% year-on-year; basic earnings per share were -0.27 yuan, down 163.94% year-on-year; total assets at the end of the reporting period were 5.486 billion yuan, down 0.92% year-on-year; and equity attributable to shareholders was 4.643 billion yuan, down 4.39% year-on-year.

Rare earth market update on April 25, 2025

This week, the overall trend in domestic rare earth prices in China showed a widespread decline, primarily due to weak downstream demand, relatively abundant spot market supply, and heightened panic among suppliers.

Rare earth market update on April 27, 2025

The overall performance of the domestic rare earth market is poor.

Rare earth market update on April 24, 2025

The domestic rare earth market in China continues to show a downward trend, with prices for praseodymium oxide, praseodymium-neodymium metal, terbium oxide, and dysprosium oxide dropping by approximately 10,000 yuan/ton, 4,000 yuan/ton, 260 yuan/kg, and 30,000 yuan/ton, respectively.