China Rare Earth reports higher annual RE ores production and sales
2024-04-28 13:56:16 [Print]
China Rare Earth Resources and Technology Co., Ltd. reported annual sales of 1,931.42 tonnes of rare earth ore in 2023, up by 10.84% YoY, and its annual production of rare earth ore increased by 27.55% YoY to 2,384 tonnes, according to the company's annual report.
In 2023, the company sold 3,622.15 tonnes of rare earth oxides, down by 6.10% YoY, while production increased by 2.50% YoY to 3,756.13 tonnes. By the end of year, the company held rare earth oxides inventory of 2,372.56 tonnes, up by 7.13% YoY.
The annual sales of rare earth metals reached 787.48 tonnes, up by 548.29% YoY, and the inventory was around 192.62 tonnes by the end of the year, up by 68.23% YoY.
In 2023, the company sold 3,622.15 tonnes of rare earth oxides, down by 6.10% YoY, while production increased by 2.50% YoY to 3,756.13 tonnes. By the end of year, the company held rare earth oxides inventory of 2,372.56 tonnes, up by 7.13% YoY.
The annual sales of rare earth metals reached 787.48 tonnes, up by 548.29% YoY, and the inventory was around 192.62 tonnes by the end of the year, up by 68.23% YoY.
