Rare large group cited conjecture integration expected during the molding

According to sources , the Ministry of Industry and Information Technology jointly with relevant departments should intensify punishment is illegal rare earth mining and pollution control efforts, the formation of a large group of rare earth industry, the results will also be released before the end of the year . Recently, the Ministry of Industry and Information Technology with the relevant departments and local governments on the illegal exploitation of rare earth concentration and control the conduct . The next stage, the Ministry of Industry and Information Technology will conduct spot checks.

Large Group for the year or outcome

August 7 this year , the Ministry of Industry and Information Technology jointly eight departments launched a three-month renovation of the rare earth industry special action. Relevant departments through the establishment of rare-earth management intends to " black list " and categorized for management, to establish long-term regulatory mechanisms, but through the formation of a large group of rare earth industry to improve industrial concentration.

China's rare earth industry consolidation is to " large group " of direction. Recently there is news that a large group of rare earth has now submitted to the State program , once approved program , the formation of a large group of rare earth will be officially launched.

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 . It should be noted that the above program approved in principle , a number of qualified local and rare earth enterprises can be established to prepare a detailed program reporting which, if approved will enter the ranks of a large group of rare earth , the work year is expected to see the outcome.

In fact, in 2011 , the State Council issued the " State Council on promoting the sustained and healthy development of rare earth industry, a number of opinions " and once made ​​it clear with one to two years , the basic formation of large-scale enterprises as the leading rare earth industry pattern.

Notably , the upcoming formation of a large group of rare earths at the policy level will be allowed to force integration of existing domestic rare earth ore and smelting separation upstream companies , rare earth resources will be further concentrated to a large group . In order to better accomplish the integration of rare earth targets , reporting a large group of rare earth rare earth enterprises , we must first carry out an internal integration and rare earth resource optimization , especially in the integration of the region , while smelting enterprises to bear the separation of " reduced capacity " of the task , if not reached to the requirements will not be approved .

"Rare earth consolidation and reduction of production capacity will require substantial financial, human and material resources , but also to the interests of the game a lot , for the rare earth enterprises is not an easy thing ." Domestic a rare large-scale enterprises , frankly .

" Competition " staged

It is reported that , despite the large group of rare earth solution has not yet formally introduced, " tournament" already staged. On the one hand , regional integration within the earth accelerated last year, including Guangdong , Hunan, Fujian and other places have been set up rare earth industry group, the complete integration of rare earth resources in the province , while the master of 95% heavy rare earth production in southern city of Ganzhou Rare Earth and leading the production of 90% of the light rare header in the " staged " Integrating drama. On the other hand , including Minmetals, aluminum and other central enterprises have begun to accelerate the rare earth industry chain pace of mergers and acquisitions to become a major contender large group of rare earths .

According to industry analysis , in accordance with the program of integration ideas, Baotou Steel Rare Earth , Minmetals Rare , Ganzhou Rare Earth Group , aluminum , colored Rising , Jiangxi Copper ore with rare earth resources , including large enterprises more competitive advantage . At present, the whole earth prices continued to slump, will undoubtedly promote the formation of large groups accelerate industry consolidation will benefit the rare earth industry out of the woods .

Note that , by the first half of the rare earth product prices continued to fall, recently published semi-annual data listed rare earth companies are not optimistic , including the Baotou Rare Earth , Rising colored , Xiamen Tungsten , China Minmetals and so varying degrees results decline. Among them, the Baotou Steel Rare Earth recently released semi-annual report, first-half operating income of 4.832 billion yuan , down 23.27% , net profit of 1.051 billion yuan , down 33.03% . Rising colored released half-year results for 2013 show that in the first half operating income of 495 million yuan , down 55.94% , net profit loss of 69.22 million yuan, down 835.63 percent .

For the distribution of China's rare earth resources divided north and south , the northern light rare earth resources in the earlier integration has been completed and is currently focused primarily on the integration of the heavy rare earth resources in the South integration .

Jiangxi Ganzhou is the heavy rare earth resources in our region with the largest , most focused on the southern region of rare earth resources. In September 2012 issued by the Ministry of Land and "rare earth exploration list" and "rare earth mining rights list" shows that 10 rare earth exploration licenses in Jiangxi Province has three , Gansu has two , Fujian, Guangdong, Guangxi , Inner Mongolia Sichuan each one . The 67 rare earth mining warrants , Jiangxi has 45 , Sichuan has seven , five , Fujian , Guangdong, three , two , Yunnan , Hunan, Guangxi and Shandong have one .

Among them, in the south six provinces with rare earth resources , rare earth reserves in Hunan bottom of the rankings . The mining rights in Jiangxi Province, 45 , 43 are Ganzhou Rare Earth Mining Group.

However, because since 2011 , prices of rare earth products are too serious , the state now wants to control production to stabilize prices, led to the current cut-off in the semi- isolated part of the state enterprises , the average capacity utilization of only 30%. The Minmetals through the Group strengths in the rare earth trade links champion , and through the acquisition of rare earth products in the country , in the traders had a lot of cake .

Market structure or clear

At present, China in the north and south regions have formed their own enterprises , while also accelerating the pace of SMEs exit , industry concentration has improved significantly .

Analysis of the industry , industry chain integration , capacity optimization is the key work of rare earth industry , and the implementation of the work is bound to have a significant impact on the whole industry , concentration is increased, the rare earth market will rebound into the channel , the relevant listed companies will greatly enhance the core competitiveness . Meanwhile, the supply and demand straighten out , the rare-earth prices will go up again.

Related statistics show that China's rare earth industry management work in there are still many problems to be solved , the illegal exploitation of the problem is growing worse . In 2012, China's rare earth production reached more than 40,000 tons of illegal , illegal smelting products reach more than 50,000 tons , the export smuggling phenomenon is also more prominent in some places . In addition, the environmental pollution problems in the rare earth industry insiders have also occurred .

China Rare Earth Association Secretary-General Ma Rongzhang August this year, the forum in Baotou Rare Earth , says that at present the country illegally rare earth production capacity has nearly legitimate businesses combined. In 2012 , for example, the South of heavy rare earth minerals total of 13,400 tons of mandatory plans . But according to Rare Earth Industry Association statistics, in the South mine in 2012 to produce at least 3.7 million tons, which can calculate the separation of the South smelting enterprises to obtain 70% of the ionic minerals from unknown sources .

As for the rare earth industry consolidation , industry experts said that with rare special rectification action unfolds, but also the climax of industry restructuring , the establishment of a large group of rare earth industry in the future in the market has laid a clear foundation , big corporate mergers and acquisitions also entered a new stage.

The above analysis, on the one hand , at the national level to encourage mergers and acquisitions work unfolded, to leading enterprises as the center, the whole idea of ​​SMEs eliminated achieved a major breakthrough , a small , chaotic, and poor phenomenon has been suppressed ; hand, Rare the promulgation and implementation of purchasing and storage policy effect is obvious, and not because of the rare earth industry violent vibration from the market and severe decline , the industry has begun to show signs of stabilization and recovery out .


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