Group 1 - Xiamen Tungsten Co., Ltd. approved the establishment of a joint venture company, Northern Jinlong (Baotou) Rare Earth Co., Ltd., to construct a 5,000-ton rare earth oxide separation production line project [1][2] - The joint venture will be funded by Jinlong Rare Earth with an investment of 147 million yuan, partnering with Northern Rare Earth Group [1] - The joint venture has successfully passed the anti-monopoly review by the State Administration for Market Regulation and has completed its business registration, obtaining a business license [2] Group 2 - Northern Jinlong is a limited liability company with a registered capital of 300 million yuan, established on July 9, 2025 [2] - The shareholding structure consists of Northern Rare Earth holding 51% and Jinlong Rare Earth holding 49% [2] - The company will engage in various activities including non-ferrous metal processing, rare earth metal smelting, and new material technology research and development [2]
厦门钨业: 厦门钨业关于控股子公司金龙稀土参股设立合资公司建设5000吨氧化稀土分离生产线项目的进展公告