China Minmetals Rare Earth Co Ltd is a subsidiary of China Minmetals Corporation, a state-owned enterprise in China. The company is primarily engaged in the exploration, mining, processing, and trading of rare earth metals and their products. Rare earth metals are a group of 17 elements that are essential for the production of high-tech products such as smartphones, electric vehicles, wind turbines, and military equipment. China Minmetals Rare Earth Co Ltd is one of the largest producers of rare earth metals in China and the world. The company's products are exported to various countries, including Japan, South Korea, the United States, and Europe.