China Rare Earth Group Resources Technology is planning to acquire Zhongxi (Liangshan) Rare Earth from its parent China Rare Earth Group through a share issue, the company said after receiving notice of the plan on 30 October 2026.
Deal terms and financing
The listed company would pay in new shares and raise matching funds. The main counterparty is expected to be China Rare Earth Group; the final scope, price and structure will be disclosed in a restructuring plan.
Regulatory approvals and timing
The plan needs internal approvals and regulatory approval; it is expected to be a major asset restructuring and related-party transaction.
Market context
Chinese media linked Zhongxi Liangshan to the Maoniuping rare earth deposit in Sichuan. China Rare Earth agreed on 18 October to buy 51% stakes in four Shenghe Resources smelting subsidiaries.
