The rare earth industry restructuring is expected to speed up

Miao Changxing, deputy director of the Ministry of Industrial Policy, said recently that the current development of China's economic situation is grim. In order to accelerate the nine industries such as rare earth, and tungsten, we should promote the mergers and reorganizations of industry, especially to speed up mergers and acquisitions of overcapacity industries, for example, the rare earth industry. The rare earth industry is expected to speed up positive for the relevant leading enterprises.

Chinatungsten Online reported, on December 8, the China Research Center of corporate mergers and acquisitions held its sixteenth year in Beijing Jiaotong University, Miao Changxing emphasized during the meeting, that China will accelerate the mergers and acquisitions of automobile, steel, cement, ship medicine, electrolytic aluminum, rare earth, electronic information, agriculture, industry and other industries and fields like tungsten industry.

At the same time, it is necessary to eliminate institutional barriers, strengthening policy coordination, strengthen service guidance, coordinate and solve problems encountered in corporate mergers and acquisitions of rare earth and other industries.

Fig. The statistics of rare earth concept stock increase 

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