The company has 31 major projects, including 13 overseas projects already in operation, 12 domestic projects in operation and a number of other operations. As of the end of 2025, the company"s net assets exceeded 10 billion yuan, with an annual output value exceeding 10 billion yuan, according to a post on its website. The company said that it holds more than 20 mining concessions in Mozambique with proven zircon-titanium metal resources exceeding 100 million tons and graphite metal reserves exceeding 100 million tons.

　　Shenghe Resources is a specialist company of mixed ownership engaging in the extraction and trade of rare earths. Its main products include rare-earth concentrates, rare-earth metals and rare-earth catalytic materials, along with other rare and scarce metals, and its products find wide application in new energy, new materials, energy conservation and environmental protection, aerospace, defense and other fields, according to the company"s website.

　　Wu Chenhui, an industry analyst, told the Global Times on Monday that the establishment of this new joint stock company could enable more flexible operation through the cooperation of state-backed and private capital. Guangxi is also rich in rare-earth metal deposits.

　　China Rare Earth Group Co, as a state-owned enterprise, holds a large number of upstream mines, while the private mining companies can enrich the cooperation with their ready business channels and refining technologies. By integrating resources, they can adopt more business strategies, gain clearer direction, and enjoy greater operational flexibility, Wu said.

　　With more input into resource exploration, Guangxi has recorded solid gains in strategic mineral reserves.