Wastewater loop long-term positive Baotou Steel Rare Earth Project

In order to achieve national emission standards for pollutants rare, with Steel (Group) Corporation doing tailings treatment before the end of the implementation does not discharge waste water to the tailings goals, recently, Baotou Steel Rare Earth decided to carry out high-salt wastewater zero emissions processing and utilization project test loop experiments. In accordance with requirements of Baotou Steel Group, Baotou rare earth smelting separation of waste water generated in the process before the end of tailings will no longer be injected to achieve zero emissions, fully realized loops use.

Investment Advisor in the metallurgical industry researcher Yuan Zhibin said that as the industry leading enterprises, Baotou Steel Rare Earth move will help guide the industry to improve environmental standards, and promote sustainable development of the industry. Since reform and opening up China's economic foundation is weak, resulting in recent decades, the government and the people are too biased to increase economic efficiency, blindly ask for benefits to nature, the result is less than the per capita income is now not only Europe and other developed economies, even the natural environment and reserves is not dominant. Today, China has gradually entered the middle-income countries of the column, is to promote economic restructuring, improve people's living standards, improve the income distribution system a good time. Baotou Steel Rare Earth move may be largely forced by the improvement of national environmental standards, after all, investment in environmental protection will significantly increase the company's capital expenditure, especially in the current dismal run of rare earth industry conditions, the impact on company performance or to multiply Zoom; From the efficiency point of view but it is slow. However, reducing the pollution is not only a corporate social responsibility, but also conducive to long-term development of enterprises. The wastewater from the Baotou Rare Earth loop utilization project point of view, on the one hand and which will reduce the company's future tailings disposal costs, which can be seen as a company's capital inflows; hand also help to improve the efficient use of company resources , the relative scarcity of water resources in the header of this city, the use of waste water loop will reduce the company's operating expenses, also can be counted as the project's cash inflows. Thus, although the effectiveness of slow, but even punitive measures put aside national perspective, Baotou Steel Rare Earth this project the company is also very beneficial. Of course, from a shareholder perspective, they are more favored in the short payback projects, which can accelerate cash back, reduce shareholder risk, which is why companies are reluctant to take the initiative to improve the environmental standards of the main reason. Therefore, to truly improve the environment, on the one hand is to develop industry environmental standards, the other is to spur leading enterprise reform, and as the leading enterprises also need to strive to assume their responsibilities.


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