Core Viewpoint - The United States is eager to break China's dominance in critical mineral sectors, particularly in rare earths, and is exploring the use of AI and quantum computing to develop alternative materials, aiming to reduce geopolitical risks in supply chains [1][2]. Group 1: AI and Quantum Computing Potential - AI and quantum computing are proposed as "dual engines" that could help design alloys using abundant materials, potentially shortening the time required to obtain critical materials from 10-20 years to just a few years [2]. - Current AI technology is not yet capable of delivering substantial results in mining and materials, and many ideas surrounding these technologies are seen as hype rather than practical solutions [2][4]. Group 2: China's Competitive Advantage - China has invested heavily in AI, advanced computing, and materials science, maintaining a significant lead in innovation speed and capabilities in creating new materials [2][5]. - The complete industrial ecosystem that China has built over decades makes it unrealistic for the U.S. to challenge China's position in the short term [5]. Group 3: Challenges in Material Development - Transitioning from alloy design to commercial-scale production is a lengthy process, and historical trends suggest that attempts to reduce reliance on one material often lead to increased dependence on another [4]. - Even if the U.S. successfully designs new materials in laboratories, challenges such as material stability, scalability, and cost control must be addressed before industrial application can occur [5].

Core Viewpoint - The article discusses the United States' attempt to counter China's dominance in critical minerals through international cooperation and trade measures, highlighting skepticism about the effectiveness of this strategy [1][3]. Group 1: U.S. Strategy and International Cooperation - The U.S. has recognized its inability to independently challenge China's position in the critical minerals sector and is now seeking to form alliances with other countries to establish pricing power [1][3]. - A recent meeting led by U.S. Vice President Vance included representatives from 54 countries and the EU, aiming to set price floors and impose "adjustment tariffs" to maintain Western control over critical mineral pricing [1][3]. Group 2: Criticism of U.S. Approach - Critics argue that the U.S.-led alliance lacks credibility and is primarily designed to benefit American companies, with many non-critical minerals included in the funding list [3][4]. - The article points out that the U.S. lacks significant rare earth deposits, which undermines its ability to lead a successful international coalition against China [3][4]. Group 3: Long-term Challenges - Competing with China in the critical minerals market requires building extraction and refining capabilities, as well as providing long-term price guarantees to non-Chinese producers, which are long-term projects that could take at least a decade [3][4]. - The article emphasizes that trust in the U.S. government and its political system is essential for other countries to commit to this alliance, which is currently in doubt [3][4].

Core Viewpoint - The Chinese rare earth market experienced a decline of 4.35% on February 13, with a trading volume of 1.902 billion yuan and a market capitalization of 59.237 billion yuan [1] Company Overview - The company primarily engages in the production and operation of rare earth oxides and provides rare earth technology research and consulting services [2][8] - The main products include high-purity rare earth oxides, with over 80% of products having a purity greater than 99.99%, and some reaching 99.9999% [2] - The company is controlled by the State-owned Assets Supervision and Administration Commission of the State Council, categorizing it as a state-owned enterprise [3][4] Financial Performance - For the period from January to September 2025, the company achieved a revenue of 2.494 billion yuan, representing a year-on-year growth of 27.73%, and a net profit attributable to shareholders of 192 million yuan, up 194.67% year-on-year [8] - Cumulative cash dividends since the company's A-share listing amount to 346 million yuan, with 124 million yuan distributed over the past three years [9] Shareholder Structure - As of September 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with notable changes in shareholding [10] - The number of shareholders decreased to 191,400, while the average circulating shares per person increased by 2.24% [8]

Group 1 - The stock price of China Rare Earth has decreased by 3.27% to 56.45 CNY per share, with a trading volume of 2.92 billion CNY and a market capitalization of 599.06 billion CNY as of February 13 [1] - Year-to-date, the stock price has increased by 21.55%, with a 9.19% rise in the last five trading days, 6.33% in the last 20 days, and 16.97% in the last 60 days [2] - The company reported a revenue of 2.494 billion CNY for the period from January to September 2025, representing a year-on-year growth of 27.73%, and a net profit of 192 million CNY, up 194.67% year-on-year [2] Group 2 - The main business revenue composition of China Rare Earth includes 63.51% from rare earth oxides, 35.95% from rare earth metals and alloys, and 0.18% from technical services [2] - As of January 30, 2025, the number of shareholders is 191,400, a decrease of 2.19%, with an average of 5,544 circulating shares per person, an increase of 2.24% [2] - The company has distributed a total of 346 million CNY in dividends since its A-share listing, with 124 million CNY distributed in the last three years [3]

（文章来源：每日经济新闻） 每经AI快讯，2月13日，稀土指数盘初下跌2%，主要成分股普遍走低。北方稀土、厦门钨业、盛和资 源、中国稀土、中稀有色等跌幅居前。 ...

大家好，今天犀哥这篇文章，主要来聊聊个最近华盛顿拉着五十多个国家，搞了个所谓的"关键矿产联 盟"。 五十个国家会不会抢走我们的稀土？ 这事儿被西方媒体吹得神乎其神，说是全球资源大协作，其实就是美国想围堵中国的稀土产业，玩"去 中国化"的把戏，特朗普葫芦里卖的什么药？ 美国费这么大劲拉人抱团，核心就是中国在稀土这行的优势太明显，已让美国及其盟友彻底坐不住，而 他们自己又没本事追上，只能靠"拉人凑数"壮声势。 很多人有个误区，觉得稀土谁有矿谁就厉害，其实真不是这样，稀土真正的关键，不是地下埋多少矿， 而是能不能把那些原矿，变成手机、战机、电动车电机里能用的好材料。 就拿去年来说，咱们只是稍微管了管稀土产品的出口，没多夸张，结果美国洛克希德马丁公司的S35战 机，交付就直接卡住了，美军也彻底暴露了他们供应链有多脆弱。 美国五十多个国家抱团有什么用 有组数据供大家参考：全球90%左右的稀土精炼产能，都在咱们中国，重稀土的精炼能力，更是几乎全 被咱们攥在手里，咱们也是全世界唯一一个能稳定做出6N级超高纯度重稀土的国家。 咱们还有个他国学不来的优势：很多稀有金属和稀土元素，不用专门花钱去挖、去提炼，都是炼钢、炼 铝时顺便 ...

2026年开年以来，被誉为"工业黄金"的稀土价格强势上涨。根据中国稀土（000831）行业协会2月12日 发布的最新数据，当日稀土价格指数为290，较2025年12月31日的217，上涨33.64%。 稀土价格上涨是供需共振的结果。上海钢联（300226）电子商务股份有限公司（以下简称"上海钢联"） 稀贵金属资讯部稀土分析师李聪明在接受《证券日报》记者采访时表示："近期稀土市场呈现低库存、 强预期状态，在现货流通较为紧张的环境下，部分企业因库存仅够维持短期生产导致预防性备货行为增 多，加剧阶段性供应短缺。同时，部分场外观望资金入场，推动价格加速上行。" 延续去年价格上涨趋势 从细分品种来看，数据显示，2月12日，氧化镨最高价报89万元/吨，较2025年12月31日上涨43.55%；氧 化钕最高价报88万元/吨，较2025年12月31日上涨41.94%；金属钕最高价报106万元/吨，较2025年12月 31日上涨39.47%。 时间拉长来看，稀土价格指数延续了2025年的上行趋势。中国稀土行业协会发布的数据显示，稀土价格 指数从2024年12月31日的164到2025年12月31日的217，涨幅为32.32%。 ...

Core Viewpoint - The rare earth market shows mixed price trends for key products, with some experiencing slight declines while others see modest increases, indicating a cautious market environment as the Chinese New Year approaches [1] Price Trends - Praseodymium and neodymium oxide average price is 841,300 CNY/ton, down 1,200 CNY/ton - Praseodymium and neodymium metal average price is 1,005,700 CNY/ton, down 4,300 CNY/ton - Dysprosium oxide average price is 1,452,900 CNY/ton, up 6,800 CNY/ton - Terbium oxide average price is 6,320,000 CNY/ton, up 30,000 CNY/ton [1] Market Activity - Limited transaction information for products like neodymium oxide, praseodymium oxide, lanthanum cerium oxide, and europium oxide, suggesting low purchasing interest - Most companies are in holiday mode, with only a few trading firms remaining active, leading to a low overall procurement willingness [1] Stock Performance - A-share market performance for rare earth permanent magnet concept stocks shows: - Shenghe Resources (600392) latest price 30.91 CNY, up 7.36%, transaction volume 4.319 billion CNY - China Rare Earth (000831) latest price 58.36 CNY, up 3.11%, transaction volume 3.050 billion CNY - Other notable stocks include Zhongxi Rare Earth (600259), Jintian Co. (601609), and Huaxin Environmental (301265) with varying price increases and transaction volumes [1]

从基金十大重仓股角度 截至发稿，刘宇斌累计任职时间1年294天，现任基金资产总规模8767.08万元，任职期间最佳基金回报 37.51%， 任职期间最差基金回报19.29%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本 文出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 数据显示，英大基金旗下1只基金重仓中国稀土。英大睿鑫A（003446）四季度持有股数4.44万股，占基 金净值比例为3.43%，位居第六大重仓股。根据测算，今日浮盈赚取约7.81万元。连续5天上涨期间浮盈 赚取32.63万元。 英大睿鑫A（003446）成立日期2016年11月23日，最新规模5872.48万。今年以来收益2%，同类排名 6665/8882；近一年收益22.97%，同类排名4732/8127；成立以来收益152.63%。 英大睿鑫A（003446）基金经理为刘宇斌。 来源：新浪基金∞工作室 2月12日，中国稀土涨3.11%，截至发稿，报58.36元/股，成交30.50亿元，换手率4.95%，总市值 ...

Core Viewpoint - Pan-Asia Environmental (0556.HK) is attempting a significant transformation by acquiring a 51% stake in Xilai Deer Brand Management (Guangzhou) Co., Ltd. for 1 yuan, which is seen as a strategic move towards a new business direction despite the abrupt nature of the acquisition [1][4][8]. Group 1: Acquisition Details - The acquisition of Xilai Deer, established in August 2025, involves a company that has invested in over 900 enterprises, averaging five new investments daily [1]. - The transaction is structured as a "1 yuan acquisition," but Pan-Asia Environmental will need to fulfill a capital contribution obligation of 5.1 million yuan post-transaction due to Xilai Deer's unpaid registered capital [7]. - The board of Pan-Asia Environmental believes that acquiring Xilai Deer will help expand its main business and create synergies around product and retail terminal development [8]. Group 2: Management Changes - The management structure of Pan-Asia Environmental was recently adjusted, with Jiang Quanlong, known as the "King of Rare Earths," stepping back from active roles, and his son Jiang Xin also resigning from key positions [2]. - Lin Jun was appointed as the new executive director and chairman of the board in December 2025, bringing a background in sales and market management, having previously achieved annual sales of 2 billion yuan [3]. Group 3: Financial Performance - Pan-Asia Environmental's financial performance has been relatively flat in recent years, with revenues of 156 million yuan, 220 million yuan, and 252 million yuan from 2022 to 2024, and a net profit fluctuating around breakeven [9]. - In the first half of 2025, the company reported revenues of 113 million yuan, a year-on-year decline of 1.8%, and a net profit of 5 million yuan, down 26.2% year-on-year [9]. Group 4: Background of Xilai Deer - Xilai Deer has gained attention for its rapid expansion, with plans to establish a presence in a thousand cities and aims for a Hong Kong listing by 2027, branding itself as "China's first craft beer stock" [16]. - As of February 9, 2026, Xilai Deer had invested in 952 companies, primarily with low registered capital, indicating a unique and aggressive expansion strategy [17][18].