Northern Rare Earth: Baotou Steel won the bid for the Yarlung Tsangpo River rare earth alloy steel project.

An investor asked Northern Rare Earth, according to reports, the company's parent company Baosteel Group won the bid for the largest project in national history: a project for over 62,000 tons of rare earth alloy steel materials from the Yarlung Tsangpo River, which will bring huge profits to your company. Is this project true? Northern Rare Earth stated on the interactive platform that Northern Rare Earth and Baosteel are both listed companies controlled by Baosteel Group. This project is true.