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Shenghe Resources Holdings Co., Ltd

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Shenghe Resources Holdings Co., Ltd - Chemicals & Materials showcase

Year Founded & Workforce

1998

2,000 Employees

Industry

Chemicals & Materials

Services

Rare Earth Metals
S

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Shenghe Resources Holdings Co., Ltd Overview

Company Headquarters: Chengdu, China

Founded: 1998

Workforce: ~2,000

Company Working: Shenghe Resources Holdings Co., Ltd is a manufacturer and supplier of rare earth and related products. Shenghe Resources takes the rare earth business as the core and takes into account the rare, precious, and sparse "three rare" resources. The main products include rare earth oxides, rare earth compounds, rare earth metals, rare earth catalytic materials, rare earth metallurgical materials, and others, which are widely used in new energy, new materials, energy-saving and environmental protection, aerospace, military industry, electronic information, and other fields. Leshan Shenghe, Ganzhou Chenguang, Hainan Wensheng, and Shenghe (Singapore) Co., Ltd are the member companies of Shenghe Resources. Leshan Shenghe has grown as a leading enterprise in the rare earth industry with advanced separation technology, well-equipped infrastructure in environmental protection, resource recycling, and safety assurance.

Strategy

Shenghe Resources Holdings Co., Ltd is making strategic investments in different production sites, expansion, and collaborations to rise in the global rare earth recycling market. The company emphasizes maintaining its business in Asia, America, Europe, Australia, and Africa. The company is also engaged in various projects, including California Mountain Pass rare earth mine, Greenland Kvanefjeld polymetallic deposit, Vietnam RE metallurgical & separating plant, etc.

Company Snapshot

$905.3M

Revenue

2,000

Employees

1998

Founded

Chengdu, China

Headquarters

SWOT Analysis

Strengths

  • Largest share in global rare earth metals market

Weaknesses

  • Promoters decreasing their shareholdings

Opportunities

  • Setting production base in emerging regions
  • Investment in R & D

Threats

  • Stringent government regulations, which is increasing operating cost

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Product Offering

  • Shenghe Resources Holdings Co., Ltd
    • Rare Earth Metals

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 905.3 Mn in 2019 to USD 1,248.5 Mn in 2021.
Shenghe Resources Holdings Co., Ltd — By Business Segment
Series (USD Mn)201920202021
Sales905.39961,248.5

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