According to the Zhitong Finance App, Northern Rare Earth (600111.SH) announced that the company expects to achieve net profit attributable to owners of the parent company of 3.62 billion yuan to 3.68 billion yuan in the first three quarters of 2026, an increase of 134.95% to 138.84% over the previous year.
From January to September 2026, the company served the national rare earth resource strategy and the construction of a new energy system, and fully implemented the rare earth industry chain safety control requirements. The overall price of major rare earth products fluctuated at a high level due to a combination of factors such as the supply of raw materials in the market and the multiple release of demand in downstream fields such as new energy and high-end equipment. The company closely follows annual production and operation goals, coordinates planning and promotes various business tasks, strengthens overall budget management, deepens cost reduction and efficiency; strengthens marketing operations, scientifically organizes production; strengthens group control and risk prevention and control, deepens reform and innovation, integrates various management tasks such as sustainable development, compliance, lean and safety, accelerates the construction of key projects, and relies on scientific and technological innovation to cultivate new quality productivity. The collaborative advantages of the entire industry chain continue to be released, strongly supporting the sharp year-on-year increase in the company's business performance in the first three quarters.