China sets up national rare earth company – state media

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China has set up a national rare earth company called China Rare Earth Group Co, which will be placed under the umbrella of the state asset regulator, state media CCTV reported on Thursday.

China is the world’s largest producer of rare earths, a group of 17 minerals used in consumer electronics and military equipment.

Zonebourse with Reuters 2021

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2020 turnover 1,656 M
260 M
229 M
2020 net result 279 M
43.8 M
38.6 M
Net debt 2020 117 M
18.4 M
16.2 M
PER 202047.9x
2020 yield0.66%
Capitalization 44 120 M
6 926 M
6,109 M
VE / CA 20197.77x
VE / CA 20208.14x
Nbr Employees365
Floating58.5%

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