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Articles from Caixin Global

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<ul><li>Shares of Chinese rare earth suppliers plunged Thursday after Tesla Inc. said it will reduce its use of the minerals in future electric vehicles to control costs.</li><li>The leading electric-car maker is designing next-generation powertrain that will use a permanent magnet motor that doesn’t rely on rare earth materials, Colin Campbell, Tesla vice president for powertrain engineering, said at an investor meeting.</li><li>The change reflects Tesla’s efforts to control material costs and reduce its involvement in the health and<a href="https://www.caixinglobal.com/2022-04-29/in-depth-chinas-rare-earth-hub-wrestles-a-stubborn-problem-cleaning-up-101878773.html" target="_blank" rel="noopener"> environmental risks </a>of mining the minerals, Campbell said.</li></ul>

Shares of Chinese rare earth suppliers plunged Thursday after Tesla Inc. said it will reduce its use of the minerals in future electric vehicles to control costs.The leading electric-car maker is designing next-generation powertrain that will use a permanent magnet motor that doesn’t rely on rare earth materials, Colin Campbell, Tesla vice president for powertrain engineering, said at an investor meeting.The change reflects Tesla’s efforts to control material costs and reduce its involvement in the health and environmental risks of mining the minerals, Campbell said.

Rare Earth Stocks Plunge as Tesla Seeks Alternatives

Equity Bottom-Up

Inner Mongolia Baotou Steel Union / Equity Bottom-Up

<ul><li>Inner Mongolia Baotou Steel Union Co. Ltd., the world’s largest rare earth mining company, is still pressing for a significant price increase from its only customer even though the buyer’s shareholders rejected two previous proposals.</li><li>Higher prices for Baotou Steel Union’s output of the key materials for green technologies could lead to a broader price increase for the minerals.</li><li>China has the world’s largest deposits of the 17 closely related rare earth metals.</li></ul>

Inner Mongolia Baotou Steel Union Co. Ltd., the world’s largest rare earth mining company, is still pressing for a significant price increase from its only customer even though the buyer’s shareholders rejected two previous proposals.Higher prices for Baotou Steel Union’s output of the key materials for green technologies could lead to a broader price increase for the minerals.China has the world’s largest deposits of the 17 closely related rare earth metals.

China’s Top Rare Earth Mining Company and Top Refiner Fight Over Prices

China

China Northern Rare Earth Group High-Tech Co. Ltd. is the consolidation of mining, smelting, separation and utilization companies in the northern region of Inner Mongolia.

China Northern Rare Earth Group High-Tech (600111 CH)

China Northern Rare Earth Group High-Tech

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China Northern Rare Earth Group High-Tech (600111 CH)

Rare Earth Stocks Plunge as Tesla Seeks Alternatives

Shares of Chinese rare earth suppliers plunged Thursday after Tesla Inc. said it will reduce its use of the minerals in future electric vehicles...

Caixin Global

China’s Top Rare Earth Mining Company and Top Refiner Fight Over Prices

Inner Mongolia Baotou Steel Union Co. Ltd., the world’s largest rare earth mining company, is still pressing for a significant price increase from...

Caixin Global

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)