About Shenghe Resources Holding
Shenghe Resources Holding Co. Ltd
(SSE 600392), (Shenghe) is a public company exclusively focused on
mining and processing rare earth ores, and producing high purity rare earth oxides, metals and alloys
along with a range of rare earth products. Shenghe is listed on the Shanghai Stock Exchange (since 2012)
and, as at 20 September, 2016 had 941M shares on issue and a market capitalization of approximately
RMB14.3 billion or AUD $3 billion.
Shenghe has three major shareholders. The Institute of Multipurpose Utilization of Mineral Resources
(IMUMR), a state owned scientific research institute specializing in mineral resources, holds just over
20%, Mr Quangen Wang, former engineer of IMUMR holds ~10% and the Sichuan Giastar Enterprise
Group, a private company involved in natural resources holds ~8%.
Shenghe is headquartered in Chengdu, Sichuan Province and is a single industry company with mining
and processing activities in a number of Chinese centres, and has commenced the strategy of extending
business outside China to increase the focus on international markets. Shenghe is involved at all levels of
the rare earth industry, from mining through processing to the production of end products.
The Shenghe Group
controls domestic sources of rare earth ores and concentrates
controls significant rare earth separation capacity in China
produces rare earth metals and alloys to the highest purities
produces “end use” rare earth products – polishing powders, catalysts, molecular sieves
has an established international customer base for its products
Significantly, Shenghe also holds Chinese production quotas for the mining and separation/refining of
Shenghe has also commenced the path of international orientation since 2013.
In 2013 Shenghe established Sheng Kang Ning Mining Investment (SKN) as the platform for
overseas investments in rare earths and rare and precious metals.
In 2015 Shenghe established Shenghe Resources (Singapore) PTE.LTD as the platform for trade