China Rare Earth Holdings Ltd. provided group earnings guidance for the year ended December 31, 2012. For the year, the company expects financial performance will show a significant decrease as compared to that for the year ended 31 December 2011, and will record a loss as compared to a profit for the year ended 31 December 2011. The group's financial performance for the year ended 31 December 2012 has been adversely affected despite there was no significant reduction in the actual level of rare earth products business transacted by the group during the year when compared with 2011.