China Northern Rare Earth (Group) High-Tech traded at 39.70 this Friday July 31st, increasing 0.55 or 1.40 percent since the previous trading session. Looking back, over the last four weeks, China Northern Rare Earth gained 16.35 percent. Over the last 12 months, its price rose by 10.28 percent. Looking ahead, we forecast China Northern Rare Earth (Group) High-Tech to be priced at 38.74 by the end of this quarter and at 35.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Northern Rare Earth Group High-Tech Co Ltd is a China-based company principally engaged in the provision of rare earth products. The Company mainly operates four segments. Trading Business segment mainly sells rare earth raw materials. Production Business segment mainly produces rare earth raw materials. Rare Earth Functional Materials and Application Products segment mainly produces and sells rare earth functional materials and application products. Environmental Protection Industry and Others segment mainly provides environmental protection related services, waste gas, wastewater, solid waste (three wastes) disposal and recycling and other industries. The Company''s main products include rare earth salts, rare earth oxides and rare earth metals, rare earth magnetic materials, polishing materials, hydrogen storage materials, catalytic materials, as well as nickel-hydrogen power batteries, rare earth permanent magnet high-efficiency energy-saving motors and other products.