Rare Earth Rare Earth Group of Hunan Keli far accused without leading to speculation

Another local Southern Rare Earth Group is submitted to the State audit. Recently, the State Council, Hunan Commission by letter of response to the call to build places of rare earth platform, planned to set up Hunan Rare Earth Industry Group Company Limited.

However, unlike other provinces Rare Earth Industry Group was established situation is different, Hunan Rare Earth Group does not grasp the real core values ​​of rare earth ore resources and its leading enterprises as a main battery of listed companies Corun. The company acquired in June Yiyang Hongyuan rare earth separation companies before, never had a rare earth mining and smelting and processing experience.

It is reported that Hunan Rare Earth Industry Group Co., Ltd. by the Commission by letter of Hunan Department led the establishment of industrial raw materials, tentatively registered capital of 500 million yuan, of which Hunan provincial state-owned shares of 51% stake, the remaining 49% stake to attract social capital Lord.

This is the southern region of the first two truly led the establishment of the earth by the local group. The precedents for the Guangdong Province of rare earth industry group.

Rare analyst Wei Chi Shin told reporters, in addition to local government-led Rare Earth Group outside the city in several Southern Rare Earth, Jiangxi Ganzhou Rare Earth Group relies, relying on the aluminum Guangxi, Fujian Xiamen Tungsten also rely on rare earth development platforms were set up, and is currently the only There Sichuan pace slightly behind. In the south six provinces with rare earth resources, rare earth reserves in Hunan bottom of the rankings in the country's reserves accounted for no more than 5%.

Jiangxi, Guangxi, Fujian and Guangdong provinces in the building earth platform, and both the rare earth ore resources as its core assets. Among them, Ganzhou Rare Earth Mining warrants are in addition to any smelting capacity. The contrast is that Hunan Rare Earth Industry Group is not rare earth ore resources.

Wei Chi Shan told reporters that the current rare earth mine in Hunan Hunan subordinate resources are mainly controlled by the respective municipal governments and local small businesses in the hands, is not yet complete merger integration.

According to sources, according to the preliminary program, Hunan Rare Earth Industry Group, a major player in the provincial state-owned shareholder is a subsidiary of Hunan Provincial Commission by letter of an enterprise, Hunan Province, Hunan Jinxin Institute and the rare earth materials Gold Corporation; social capital mainly in Hunan local private and listed companies CORUN Yiyang Hongyuan Rare two enterprises. Among them, Corun has Hongyuan Rare 100% stake. And CORUN had announced that its rare earth industry in Hunan in the proportion of the Group will not exceed 30%.

"In fact, there is a group of rare earth industry Corun led." June 19, Hunan Provincial Commission by letter Jiang Lishan industrial raw materials Office staff told reporters.

Statistics show that Corun is a major production of batteries and nickel products business, which in 2012 a quarterly show, its main income 61.09% from trade.

Jiang Lishan told reporters in Hunan Corun do the battery has been no improvement, it may be to take this opportunity to enter the rare earth industry.

June 7, at Corun Announces Hongyuan Rare 100% stake in the day after Corun price crashed daily limit.

Hongyuan is mainly engaged in rare earth separation and smelting enterprises, their greatest asset in the then sole owner of rare earth export quota of Hunan enterprises. Its 2010, 2011 and 2012, the first batch of rare earth export quotas of 30,300 tons, 30,200 tons and 21,200 tons, respectively, accounting for the country's 3.73% rare earth export quota, 4.17 percent and 4.08 percent.

However, Hongyuan earth itself is not rare earth ore. In addition, the two state-owned shareholders are not any rare earth resources, Hunan Academy of rare earth materials, surnamed Deng staff also told reporters that the institute had no rare earth mineral resources, so Hunan Rare Earth Industry Group facto rare earth ore resources almost zero.

Asked about how to manage the province's rare earth mineral resources, the Jiang Lishan that has not yet seen Hunan province to integrate rare earth ore production enterprise plans.

Then, set up in Hunan Rare Earth Industry Group's real good person in what? Wei Chi Shan told reporters that the establishment of Rare Earth Group is a major positive Keli far, the company may wish to take this platform in the future carve Hunan rare earth ore resources.

The Deputy General Manager Office Corun Miss Lee told reporters, after the acquisition of rare earth Hongyuan, Corun to the upstream industry chain intends to expand the field of rare earth, there may be other rare earth enterprises to carry out acquisitions, specific to the announcement.

The ore Corun get a shortcut, probably by Hunan Jinyuan rare earths. Jinyuan actual control of rare earth rare earth raw Hongyuan actual control Caoyou Min, who sailed Hongyuan Rare earth's largest suppliers of raw materials, in 2011 as in standard EIA was not able to stop production.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

• < Prev
• Next >