CNRE(SH:600111) Zheng Quan Shi Bao·2026-01-16 18:44Core Viewpoint - Northern Rare Earth expects a significant increase in net profit for 2025, projecting a rise of 116.67% to 134.60% year-on-year, driven by a recovery in rare earth prices and strategic operational improvements [1] Financial Performance - The company forecasts a net profit attributable to shareholders of 2.176 billion to 2.356 billion yuan for 2025, and a net profit after deducting non-recurring gains and losses of 1.96 billion to 2.14 billion yuan, reflecting a year-on-year increase of 117.46% to 137.43% [1] Market Dynamics - The domestic rare earth market has seen price recovery, with significant year-on-year increases in prices for various rare earth products, such as neodymium oxide at 508,700 yuan/ton (up 27.4%) and terbium oxide at 6,738,700 yuan/ton (up 17.2%) [1] Production and Marketing Strategy - The company is advancing product structure adjustments and technological upgrades to meet differentiated market demands, achieving a notable reduction in processing costs and successfully reducing inventory levels of lanthanum and cerium products [2] Industrial Development - Northern Rare Earth is solidifying its industrial foundation and accelerating key project construction, focusing on high-end, intelligent, and green transformation [2] Research and Innovation - The company is enhancing its research and innovation capabilities, reforming its research mechanisms, and developing new processes and products to drive performance growth [3] Price Adjustments - Both Baotou Steel and Northern Rare Earth announced an increase in the associated transaction price of rare earth concentrates to 26,834 yuan/ton for Q1 2026, marking a 2.4% increase from Q4 2025 [3]