From Dow Jones via MarketWatch, June 11:
Shares of a major Chinese rare-earths company surged after it secured permits from Beijing to export to countries including the U.S., fueling optimism that tensions between Beijing and Washington are de-escalating.
JL Mag Rare-Earth's stock closed 7.9% higher on the Shenzhen Stock Exchange on Wednesday, and advanced 1.75% in Hong Kong.
The rare-earths magnet maker said Wednesday via an investor-relations platform that it obtained permits to ship its products to the U.S., Europe and Southeast Asia, among other regions.
That followed an announcement over the weekend from Chinese officials saying they had approved some export applications for rare-earths-related products....
....MUCH MORE
China Northern Rare Earth which we introduced to our readers all those years ago (May 8, 2009, 11:57 AM PDT) when it was Inner Mongolia Baotou Steel Rare Earth Hi Tech Co. Ltd. also got a mention. As well it should. November 2010:
This is the big dog.
And one that the Chinese government says will be on top of the mandated industry consolidation.
And from WireScreen.ai:
The Top Companies Behind the Rare Earth Industry
1. China Northern Rare Earth (Group) High-Tech Company Limited
- Registered location: Inner Mongolia
- Registered capital: CN¥3.62B
- Year incorporated: 1997
- China Northern Rare Earth Group High-Tech ("Northern Rare Earth") is a manufacturer and distributor of refined rare earth products, deep-processed rare earth products and advanced rare earth materials. Northern Rare Earth has built the world's largest production base for rare earth raw materials and a manufacturing base for rare earth functional materials. Northern Rare Earth's products include earth salts, rare earth magnetic metals, rare earth application products such as materials for power batteries and LED lamp beads. The company mines at the Baiyun Obo rare earths field which is controlled by Baotou Iron and Steel Group. China North Rare Earth was built on Baotou Steel 8861 Rare Earth Experimental Plant, which was established in 1961.
....MUCH MORE, including a handy graphic
If interested here are our posts on 600111 - Shanghai:
https://climateerinvest.blogspot.com/search?q=600111&max-results=20&by-date=true
Although all the posts are interesting—naturellement, the top second one sort of sticks out as encapsulating what's what.
