Gelonghui, Feb. 28 | Guangsheng Nonferrous (600259.SH) said on the interactive platform that the company has all rare earth mining licenses in Guangdong Province and is the only legal rare earth miner in Guangdong. Its mining companies control over 120,000 tons of heavy rare earth resources and 60,000 tons of tungsten resources, and its four separation plants have a total rare earth smelting and separation capacity of 14,000 tons/year. In 2023, the company obtained the Southern ionic rare earth mining index of 2,700 tons and the smelting and separation index of 5,584 tons. The annual rare earth mining volume and smelting and separation investment volume are the highest levels since the company went public. Guangdong is an important production base for southern ionic rare earths. It has rich southern ionic rare earth resources and long-term reserves. The company always adheres to the strategic position of building a flagship enterprise for rare earth, tungsten and copper strategic resources, actively carries out mineral resource storage and production work, continues to promote rare earth exploration and deep tungsten ore exploration work, and strives to serve the national rare earth strategy and build a respected listed company.