RE integration program has been reported during the State may be greater progress

According to authoritative sources , rare earth consolidation program has been submitted to the State and is awaiting approval . The source also revealed that the program will include the formation of a large group of rare earth number, size and thresholds and related standards , which also includes the integration of a large group to bear the tasks .

"Program is a file in the State Department 's request, to make an overall framework programs, mainly involving rare earth business will be the focus of existing enterprises as the mainstay , through increased industrial concentration , to construct a reasonable rare earth industry development pattern , rare earth resources in order to achieve the protection and rational development and utilization . "

In addition, if the program is approved , the next step the Ministry will ask for some qualified local and rare earth enterprises established programs to prepare a detailed report to the Ministry of Industry , if you get approval to enter the ranks of a large group of rare earth . The work year is expected to see the outcome.

For the industry's most concerned about the formation of a large group of rare earth principle , the person said , " the formation of a large group of rare earth will follow the market" survival of the fittest 'principle . "

In order to improve the industry concentration , the realization of large enterprises as the leading rare earth industry pattern , the next step including production quotas , mandatory plan , the new mining permits and other policies , the overall formation of a large group to the tilt .

In order to better accomplish rare earth consolidation targets , according to the Ministry 's requirements , the next step declare rare large group of rare earth enterprises , we must first conduct an internal rare earth integration and optimization of resources , particularly in the integration of the region smelting separation of enterprise at the same time to bear " reduced capacity " the task, if not meet the requirements will not be approved .

Integration of domestic rare earth had already begun at an earlier time , mainly regional integration more intense , such as the North Baotou Steel Rare Earth Rare Earth basically uniform came in, while the southern Fujian, Guangdong , Jiangxi and Hunan province have established their rare earth group , regional integration has been basically completed . In addition to China Minmetals Rare Earth -based aluminum and central level, have also actively mergers and acquisitions in the South of rare earth enterprises, crowding out local RE share. Intensified regional integration between the domestic rare earth , rare earth also launched the Ministry of integrated solutions to integrate the key.



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