Rare earth industry will welcome the opportunity for a new round of consolidation

Rare earth industry, the new round of consolidation in the brewing or will usher in a new order

MIIT unprecedented new efforts to rectify a rare earth, environmental protection, Customs, Ministry of Land Resources, Ministry of Commerce and other ministries will conduct several rounds of inventory. Based on the discussion of the program, the Ministry will establish a program as a large group of rare earth in 2013 one of the priorities. About the existing key enterprises involved in rare earth business as the main assets as a link, established in accordance with market rules. And the state will crack down on black industry chain industry brought chaos, stability of rare earth industry price.

Currently, the progress from the point of view, has been preliminarily identified formed by the Baotou Rare Earth, Rising colored, Chinalco Group, Minmetals Group and Ganzhou Rare Earth Group, led by five leading companies in the industry consolidation. For the formation of the Ministry ultimate aim is to integrate the formation of rare earth enterprises nationwide is 2 to 3 large enterprises. By then, the state of the rare earth industry management efforts will be more focused, rare earth resource development, smelting separation and market circulation, export quotas and other issues will also be effective in improving promote the healthy development of the whole industry.

Current domestic rare earth prices rebound in the short term there is space. MIIT round of rare earth industry consolidation will eliminate backward production capacity, which in turn helps to rare earth prices reasonable return.

Recently, Kinwa announcement will be not more than 1.688 billion yuan acquisition of Johnson thick to Rare Earth and Rare 2013 promises to thick net profit of not less than $ 60 million. If rare earth prices, then the net profit is likely to exceed the number of commitments, then the relative Kinwa 2012 attributable to shareholders of listed companies net profit of 5,225,000 yuan, the price of rare earth changes will have a greater impact on company performance .

In addition, the industry believes that, regardless of the future Kinwa's thick ground earth is being integrated or integrated with other rare earth enterprises, all will be worth it in itself can be greatly improved.


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