Rising Nonferrous reports strong annual production and sales of rare earth oxides

Rising Nonferrous Metals Share Co., Ltd. produced 2,002 tonnes and sold 1,630 tonnes of rare earth ores in 2024, down by 19% and 33% respectively from the prior, while its annual production and sales of rare earth oxides increased by 10% and 61% year on year respectively to 4,443 tonnes and 4,923 tonnes, according to the company's annual report.

The company also reported annual production of 3,149 tonnes rare earth enriched materials, jumping by 243% YoY, with annual sales up by 29% YoY to 1,757 tonnes. Its annual production of magnet products increased by 39.33% YoY to 822 tonnes, with sales rising by 11.75% YoY to 564 tonnes.