Northern Rare Earth: Baotou Steel negotiated with the company to adjust the price of rare earth concentrate and found no leak of inside information jqknews

Securities Times e Company News, Northern Rare Earth (600111) responded to the Shanghai Stock Exchange’s inquiry letter on the evening of June 26, saying that the price change of rare earth concentrate is not completely consistent with the price change of rare earth oxides. According to the price fluctuations of rare earth products (rare earth oxides), Baotou Steel Co., Ltd. negotiated with the company to adjust the rare earth concentrates under the premise of ensuring the processing costs and necessary profits of rare earth oxides, and also considering factors such as processing yield and quality requirements of rare earth concentrates. price, to ensure that the pricing mechanism and the price set are fair. In addition, before the public disclosure of the company’s adjustment of the price of rare earth concentrate related transactions, no insiders were found to have leaked inside information.