Shenghe Resources: Currently, downstream users in the rare earth industry chain are mainly domestic, and the company's export business revenue accounts for a relatively low proportion.

NightAirdropper · 2026-02-26T05:39:16+00:00

Shenghe Resources stated that the company's raw material supply channels are stable and production is normal. The application for rare earth export licenses has been processed according to procedures. Export revenue accounts for a relatively low proportion and has not been affected by MP company's business.

NightAirdropper

2026-02-26 05:39:16

Abstract generation in progress

Everyday AI News Flash: An investor asked on the investor interaction platform: “Since MP’s rare earth mines in the U.S. are no longer providing processing services for the company, how much does this impact the company? Are raw material supplies sufficient? Without MP’s business, should the company shut down some production lines to reduce personnel and control costs? The company’s products have not received the latest rare earth export license issued by the Ministry of Commerce. Is the company facing difficulties in sales, especially in the high-priced, profitable export segment?”

Shenghe Resources (600392.SH) responded on February 24 on the investor interaction platform: “Hello, the company has multiple sources of raw ore supply with stable supply, and production and operations are normal. The company strictly complies with laws, regulations, and industry policies when engaging in export business. Some products require dual-use item export licenses, and the company processes applications and exports related products according to procedures. Currently, downstream users in the rare earth industry chain are mainly domestic, and export revenue accounts for a small proportion. Thank you for your attention!”

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