Company results: China Minmetals Rare Earth moves into profit in 2016

By Albert Li
Published: Thursday, 08 June 2017

Increase in profits; Turnover down on low prices; RNM reports profit

China Minmetals Rare Earth Company, one of the biggest rare earth companies in China, moved into a profit in 2016, of Chinese renminbi (Rmb) 18.59m, from a loss in 2015.

The return to profit was mostly attributed to the company’s acquisition of Beijing Huatai Xintuo Geological Survey Technology Co.,...

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