CN
China Northern Rare Earth 北方稀土
China · Baotou
alternative to Lynas / MP Materials
Separated rare-earth oxides, salts and metals, from lanthanum, cerium and PrNd to samarium, terbium and dysprosium, refined from Bayan Obo concentrate supplied by its parent Baogang. Also makes NdFeB magnetic materials, polishing powders and hydrogen-storage alloys.
Why it fits
- Rare Earths
- Refining
- Global-ready
Regional alternatives
Product facts
- Segment
- Rare Earths
- Supply-chain stage
- Refining / separation
- Main end uses
- EVs, Wind, Industrial, Electronics
2025 annual report: revenue CNY 42.6B (up 29%); over 100 rare-earth products. Controlling shareholder Baogang holds the Bayan Obo mining right; Northern received about 70% of China's 2024 rare-earth mining quota.
Regulatory & supply-chain notes
Exporting these medium and heavy rare earths from China needs a MOFCOM dual-use export licence. Lanthanum, cerium and PrNd products are not on this list.
China export control (MOFCOM) · MOFCOM/GAC Announcement No. 18 of 2025 · in force since 2025-04-04 · source ↗
Was due to require an export licence from 8 Nov 2025; suspended until 10 Nov 2026 by MOFCOM/GAC Announcement No. 70 of 2025.
China export control (MOFCOM) · MOFCOM/GAC Announcement No. 57 of 2025 · suspended until 2026-11-10 · source ↗
Would require companies outside China to get a MOFCOM licence to re-export these materials or goods made with them; suspended until 10 Nov 2026 by MOFCOM/GAC Announcement No. 70 of 2025.
China export control (MOFCOM) · MOFCOM Announcement No. 61 of 2025 · suspended until 2026-11-10 · source ↗
Company & market
- Parent company
- Baotou Steel (Baogang) Group
- Registered
- Baotou
- Listing
- A-share
- Ticker
- 600111.SS
- Market cap / val. (USD)
- ~$19 B
- Foreign-investable
- Yes