Rising Nonferrous reports strong H1 growth in rare earth separation output
2025-09-04 13:58:05 [Print]
Rising Nonferrous Metals Share Co., Ltd. returned to profit in the first half of 2025 as rare earth prices moved up and smelted output and sales increased, according to the company's semi-annual report.
Despite weaker-than-expected production at its mining subsidiary Pingyuan Huaqi Rare Earth Industry Co., Ltd. due to frequent rainfall and lower ore quality, the company's rare earth separation units processed 4,582 tonnes of feedstock and produced 4,452 tonnes of separation products in the first half, up by 15% and 74% YoY respectively. H1 magnets output reached 275 tonnes, with magnet blanks output rising by 55% YoY from its subsidiary Guangdong Shengyuan Permanent Magnetic Materials Co., Ltd., which ramped up to mass production in June, achieving a first-pass yield above 97%, and the production is expected to increase further in the second half.
Despite weaker-than-expected production at its mining subsidiary Pingyuan Huaqi Rare Earth Industry Co., Ltd. due to frequent rainfall and lower ore quality, the company's rare earth separation units processed 4,582 tonnes of feedstock and produced 4,452 tonnes of separation products in the first half, up by 15% and 74% YoY respectively. H1 magnets output reached 275 tonnes, with magnet blanks output rising by 55% YoY from its subsidiary Guangdong Shengyuan Permanent Magnetic Materials Co., Ltd., which ramped up to mass production in June, achieving a first-pass yield above 97%, and the production is expected to increase further in the second half.
