China Rare Earth Holdings Completes Tungsten Bars Acquisition

China Rare Earth Holdings ( (HK:0769) ) has shared an update.

China Rare Earth Holdings Limited has completed a significant transaction involving the acquisition of tungsten bars, which was finalized on 16 June 2025. This transaction involved the issuance of 400 million new shares, representing 14.3% of the company’s enlarged share capital, under a general mandate. The completion of this transaction is expected to impact the company’s shareholding structure, with a notable increase in shares held by Ms. Ong Shing Lan, the sole shareholder and director of the vendor involved in the transaction.

More about China Rare Earth Holdings

China Rare Earth Holdings Limited operates in the rare earth industry, focusing on the production and sale of rare earth products and refractory products. The company is involved in the acquisition and processing of rare earth minerals, which are critical components in various high-tech applications.

YTD Price Performance: 80.0%

Average Trading Volume: 41,062,825

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.72B

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