Guangsheng Nonferrous Metals (600259.SH): It has 68,000 tons of tungsten ore resources and has not yet been mined
Gelonghui, May 17丨Guangsheng Nonferrous (600259.SH) said on an interactive platform that the company has 68,000 tons of tungsten ore resources and has not yet been mined. Hongling Company is currently carrying out land acquisition work in the early stages of construction. Construction has not yet begun, and it will take time to start production. Shirenzhang Company is carrying out tungsten ore prospecting and development of non-metallic mineral resources.
Guangsheng Nonferrous Metals (600259.SH): The participating company Dabaoshan Company has nearly 400,000 tons of copper reserves
Gelonghui, May 16, 丨 Guang Sheng Nonferrous (600259.SH) said on the interactive platform that since state ministries and departments currently have very high environmental protection requirements for newly built rare earth mines, the procedures related to the Xinfeng mine are still being processed, and construction and production have not yet begun. Due to multiple approval processes involved and the timing is uncertain, the company will strengthen the approval process for various procedures in various aspects such as process design and environmental verification to achieve mine development as soon as possible. The company's shareholder, Dabaoshan Company, has reserves of nearly 400,000 tons of copper resources.
Guangsheng Nonferrous Metals (600259): Sales volume of rare earth minerals is actively expanding the upstream and downstream industrial chain
Incident: In 2023, the company's net profit to mother was 200 million yuan, -12.5% year-on-year, after deducting non-net profit of 138 million yuan, -44% year-on-year; the company's net profit to mother for the first quarter of 2024 was -30 million yuan. Company 2023
Guangsheng Nonferrous Metals (600259.SH): Holding subsidiary discontinued production
Gelonghui, April 28 | Guangsheng Nonferrous Metals (600259.SH) announced that its holding subsidiary Longnan Heli Rare Earth Smelting Co., Ltd. recently received a “Notice of Order to Discontinue Production” from the Longnan Municipal People's Government of Jiangxi Province. Due to Heli's small production capacity, verified by the industry and information departments of Jiangxi Province and Ganzhou City, it is part of the “Industrial Structure Adjustment Guidance Catalogue” (2024 edition) phasing out rare earth separation project. Heli Company was ordered to immediately stop production and be subject to social supervision. Production can only be resumed after the rectification is completed and approved by the industrial and information departments of Jiangxi Province, Ganzhou City, and Longnan City. Heli Corporation
Express News | Guangsheng Nonferrous Metals: The suspension of production of the subsidiary Heli Company has no significant adverse impact on the company's future revenue and profits
Express News | Guangsheng Nonferrous Metals: Net loss of 303 million yuan in the first quarter of 2024, net profit of 5.66 million yuan for the same period last year
The rare earth permanent magnet sector fluctuated higher, with Zhongke Magnetic rising more than 9%, while Earth Bear, China Rare Earth, Galaxy Magnets, Dragon Magnetic Technology, and Guangsheng Nonferrous Metals followed suit.
The rare earth permanent magnet sector fluctuated higher, with Zhongke Magnetic rising more than 9%, while Earth Bear, China Rare Earth, Galaxy Magnets, Dragon Magnetic Technology, and Guangsheng Nonferrous Metals followed suit.
Guangsheng Nonferrous Metals (600259): Sales of rare earth minerals have increased dramatically, and the company's development has embarked on a new journey
The 2023 results are lower than our expectations. The company announced its 2023 results: achieved operating income of 20.8 billion yuan, -9% YoY, and realized net profit of 200 million yuan, or -12.5% YoY. 4Q23 Achieving operating revenue52
Express News | Guangsheng Nonferrous Metals: The actual controller of the company was changed to China Rare Earth Group
Rising Nonferrous Metals ShareLtd's (SHSE:600259) Shareholders Have More To Worry About Than Only Soft Earnings
Despite Rising Nonferrous Metals Share Co.,Ltd.'s (SHSE:600259) recent earnings report having lackluster headline numbers, the market responded positively. While shareholders may be willing to overlo
Rising Nonferrous Metals ShareLtd (SHSE:600259) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Year, but the Stock Lifts 5.8% This Past Week
The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. That downside
Review of the 2023 Guangsheng Nonferrous Metals (600259) Report: The performance was slightly lower than expected and the merger with China Rare Earth Group is expected to open up new opportunities for development
Matters: The company released its 2023 annual report. The company achieved full-year operating income of 20.805 billion yuan, -9.01% year over year; net profit to mother 203 million yuan, -12.45% year over year; net profit after deducting 1.38 billion yuan
Guangsheng Nonferrous Metals (600259.SH) announced its 2023 annual results, with net profit of 203 million yuan, a year-on-year decrease of 12.45%
Guangsheng Nonferrous Metals (600259.SH) released its 2023 annual report, with the company's revenue of 20.805 billion yuan...
We Think Rising Nonferrous Metals ShareLtd (SHSE:600259) Is Taking Some Risk With Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Guangsheng Nonferrous Metals (600259.SH): Its mining companies control more than 120,000 tons of medium and heavy rare earth resources
Gelonghui, Feb. 28 | Guangsheng Nonferrous (600259.SH) said on the interactive platform that the company has all rare earth mining licenses in Guangdong Province and is the only legal rare earth miner in Guangdong. Its mining companies control over 120,000 tons of heavy rare earth resources and 60,000 tons of tungsten resources, and its four separation plants have a total rare earth smelting and separation capacity of 14,000 tons/year. In 2023, the company obtained the Southern ionic rare earth mining index of 2,700 tons and the smelting and separation index of 5,584 tons. The annual rare earth mining volume and smelting and separation investment volume are the highest levels since the company went public. Guangdong is an important producer of southern ionic rare earths
Guangsheng Nonferrous Metals (600259.SH): As of February 8, 2024, the total number of shareholders of the company was 53,173
Gelonghui, Feb. 19 | Guangsheng Nonferrous Metals (600259.SH) said on an interactive platform that as of February 8, 2024, the total number of shareholders of the company was 53,173.
Express News | The rare earth permanent magnet sector continues to be active, with China's rare earth trifecta, Shenghe Resources, Yingluohua, Guangsheng Nonferrous, Zhongke Sanhuan, and Zhongke Magnetic.
Dongguan Securities: The first batch of rare earth indicators was issued in 2024, and the supply growth rate has slowed
It is recommended to focus on related enterprises benefiting from the integration of the rare earth industry and the good development of NEV and robotics businesses.
The A-share small metal concept fluctuated and strengthened, and China's Rare Earths and Guangsheng Nonferrous Metals both rose and stopped
Gelonghui, Feb. 7 | China Rare Earths and Guangsheng Nonferrous Metals both rose and stopped. Shenghe Resources, Jiangte Electric, and Northern Rare Earths rose more than 6%, while Shengtun Mining, Tibet Mining, and Chinatungsten Hi-Tech surged higher.
[BT Financial Report Momentary Analysis] Guangsheng Nonferrous Metals 2023 Quarterly Report: Financial Performance and Market Trends of Flagship Companies in the Rare Earth Industry
As a core enterprise under Guangsheng Holdings, a state-owned enterprise in Guangdong Province, Guangsheng Nonferrous Metals (stock code: 600259) is an important part of Guangdong Rare Earth Group, a national rare earth group. The company focuses on rare earth mining, smelting and separation, deep processing and non-ferrous metal trading. The product line covers rare earth concentrates, mixed rare earths, rare earth oxides, rare earth permanent magnet materials, etc. Guangsheng Nonferrous Metals is committed to becoming a flagship enterprise for strategic resources of rare earths, copper and tungsten, and has established a complete rare earth industry chain from mining to trade circulation. In terms of assets and liabilities, the report for the third quarter of 2023 shows that Guang Sheng's total assets reached
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