China Rare Earth Nonferrous to transfer 37% stake in TDK
2026-08-07 10:25:43 [Print]
On August 6, China Rare Earth Nonferrous Metals Co., Ltd. announced that it plans to publicly list its 37% equity stake in Guangdong TDK Rising Rare Earth High Technology Material Co., Ltd. for transfer on the Guangdong United Equity and Property Rights Exchange, with a minimum listing price of RMB142 million (USD21.04 million). Upon completion of the transaction, the company will no longer hold any shares in TDK.
The principal business activities of TDK include the production, processing, and sale of neodymium-iron-boron (NdFeB) magnetic materials, as well as the trading of rare-earth oxides, metals, and magnetic alloys, including NdFeB alloys, NdFeB magnet alloys, and NdFe and rare-earth iron alloys.
The principal business activities of TDK include the production, processing, and sale of neodymium-iron-boron (NdFeB) magnetic materials, as well as the trading of rare-earth oxides, metals, and magnetic alloys, including NdFeB alloys, NdFeB magnet alloys, and NdFe and rare-earth iron alloys.
