2023 Northern Rare Earths Capacity Forecast

The investor relations activity platform shows that Northern Rare Earths plans to produce 161,400 tons of smelting and separation products (REO) in 2023, of which 150,300 tons will be produced from Baotou mine, 0.77 million tons from external mines, and 0.33 million tons from waste recycling.In the first half of 2023, the company’s rare earth concentrates smelting and separation production increased by 24.12% and 28.09% year-on-year, respectively, to record the historical The highest level in the same period; rare earth separation products once qualified rate increased by 0.54% year-on-year, the comprehensive yield hit a record high.

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