China’s Rare Earth Sector Faces Challenges Amid Global Strategic Shifts

(Analysis) China’s major state-owned rare earth companies are facing substantial financial difficulties as prices for these critical materials decline. Rising Nonferrous Metals, listed in Shanghai, expects a net loss of 271-311 million yuan ($37.33-$42.84 million) for the first half of the year. This marks a significant downturn from a profit of 102.09 million yuan the […]