OREANDA-NEWS. December 07, 2011. From January to October of 2011, Baotou Steel Group announced sales revenue of 50.1 billion yuan from its four segments: steel, rear earth, mining and non-steel businesses.

The groupбпs production arm Baotou Steel Union Co Ltd had income of 33.10 billion yuan and generated attributable net profits of 638 million yuan in the first three quarters.

Income and net profits from Baotou Steel Rare Earth were 10.09 billion yuan and 3.13 billion yuan respectively, up 1.75 times and 4.17 times year-on-year.