Alfred Schipke, Director of the East Asian Institute at the National University of Singapore, discusses the trade relationship between EU and China, saying there are low expectations heading into the two trading partners' summit in Beijing.
China's export of rare earth products fell to a five-year low in May due to export restrictions imposed by Beijing in early April. These restrictions require exporters to obtain special licenses for seven medium-to-heavy rare earth elements and certain magnets, which are critical for industries such as automotive, aerospace, semiconductors, and defense globally.
| Metals & Mining Industry | Materials Sector | Dawei Jiang CEO | WSE Exchange | PLIQPRT00017 ISIN |
| CN Country | 220 Employees | 13 Jun 2012 Last Dividend | 6 Jul 2015 Last Split | - IPO Date |
China Rare Earth Holdings Limited operates as an investment holding company primarily in the People's Republic of China, with additional presence in Japan, Europe, and other international markets. Originally established in 1987 under the name Yixing Xinwei Holdings Limited, the company underwent a rebranding to its current name in May 2000. It specializes in the manufacturing and sale of rare earth products and refractory products. The company serves a wide array of industries, including electronics, petrochemical, steel metallurgy, non-ferrous metallurgy, glass, construction material, chemical fertilizer, and ceramics, embodying its versatile application across various sectors. Headquartered in Yixing, the People’s Republic of China, China Rare Earth Holdings Limited has carved a niche for itself in the realm of rare earth products and refractory solutions, leveraging its extensive experience and technological expertise to cater to the demands of a global clientele.
Rare Earth Products: These products find their applications in a multitude of electronic components and devices. Some of their most prominent uses include electronic devices, computers, electronic motors, LCDs, DVDs, magnetic materials, magnetic memory chips, fiber optics, superconductors, mobile phone batteries, precision optics, and environmental protection products that prioritize energy saving. This wide range of applications underscores the critical role of rare earth products in advancing modern technology and supporting the development of energy-efficient solutions.
Refractory Products: China Rare Earth Holdings Limited offers an array of high temperature ceramics products designed for use in heat-treatment facilities across several industries. These industries include petrochemical, steel metallurgy, non-ferrous metallurgy, glass, construction material, chemical fertilizer, and ceramics. The refractory products are integral to processes that require high temperature operations, providing durability and efficiency in various industrial applications.
Trading of Rare Earth Products: Beyond its manufacturing capabilities, the company actively engages in the trading of rare earth materials. This facet of its operation facilitates the global distribution of rare earth products, ensuring industries worldwide have access to these essential components for manufacturing and production.
Magnesium Grains Products: China Rare Earth Holdings Limited also specializes in the manufacture and sale of magnesium grain products, which are utilized in a variety of applications, including but not limited to, refining and desulphurization processes in steel production, and as a component in the manufacture of aerospace materials and products. This diversification into magnesium grains products indicates the company’s commitment to catering to the evolving needs of industries reliant on high-quality materials for advanced manufacturing processes.