China Rare Earth Expects to Turn a Profit in the First Half of 2025 Compared to a Loss in the Previous Year

On July 15, China Rare Earth announced that it expects a net profit attributable to shareholders of 136.27 million to 176.27 million yuan for the first half of 2025, compared to a loss of 244.419 million yuan in the same period last year. The net profit after excluding non-recurring gains and losses is projected to be 131.06 million to 170.06 million yuan, compared to a loss of 254.7415 million yuan in the same period last year. Basic earnings per share are expected to be 0.1284 to 0.1661 yuan, compared to a loss of 0.2303 yuan per share in the same period last year.

The primary reasons for China Rare Earth’s projected profitability in the first half of 2025 are: an overall upward trend in the rare earth market during the reporting period, enhanced market analysis to effectively seize opportunities from rising rare earth product prices, adjusted marketing strategies leading to year-on-year sales growth, and continuous optimization and upgrading of production processes to improve quality and efficiency. Additionally, the company reversed some inventory impairment provisions in accordance with accounting standards, positively impacting profits.

According to statistics from CTIA GROUP LTD, from January to June 2025, prices of most rare earth products in China increased. Praseodymium oxide prices increased by approximately 48,000 yuan per ton, a rise of 11.60%; neodymium oxide prices increased by about 47,000 yuan per ton, a rise of 11.60%; praseodymium-neodymium oxide prices increased by about 45,000 yuan per ton, a rise of 11.25%; praseodymium-neodymium metal prices increased by about 55,000 yuan per ton, a rise of 11.20%; terbium oxide prices increased by about 1,490 yuan per kilogram, a rise of 26.56%; and dysprosium-iron alloy prices increased by about 7,000 yuan per ton, a rise of 0.45%.

China Rare Earth is primarily engaged in the production and operation of rare earth ores, rare earth oxides, and other products. Through mining and purchasing rare earth raw materials, it conducts separation and processing, with main products including mixed rare earth carbonate, mixed rare earth oxide concentrates, high-purity single rare earth oxides, and rare earth concentrates. These are widely used in magnetic materials, luminescent materials, catalytic materials, crystal materials, and high-end electronic components. Mixed rare earth carbonate, a primary rare earth ore product, is further processed by roasting to obtain mixed rare earth oxide concentrates, which are then separated and smelted to produce high-purity single rare earth oxides.

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