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Recently, Northern Jinlong (Baotou) Rare Earth Co., Ltd. has officially come into existence, led by Li Huping as its legal representative and endowed with a registered capital of RMB 300 million. This enterprise is a collaborative effort between China Northern Rare Earth (Group) High-Tech Co., Ltd. and Fujian Jinlong Rare Earth Co., Ltd. Its expansive business portfolio encompasses non-ferrous metal rolling processing, rare earth metal smelting, sales of rare earth functional materials, as well as the sales and processing of renewable resources, among other domains. Furthermore, Northern Jinlong is actively engaged in the development of a 5,000-ton annual rare earth oxide separation production line project, with the ambition of fostering the high-quality utilization of rare earth resources.
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