China rare earth companies post strong H1 results
Published: Friday, 25 August 2017
Price upticks and the impact of national policies to consolidate the industry led to improved performances for rare earth producers in the Asian country.
Rare earths producers in China had a good run in the first
half of this year, as sales and profitability were boosted by
higher prices and improved regulations in the sector.
In its H1 results, China Northern Rare Earth High-Tech
Company recorded a surge in net profit by 258%