Shaoguan 1.3 billion yuan at the end of Rare Earth project intends to start building

Reporter yesterday from Shaoguan Xinfeng County was informed that concern, " Southern Rare Earth 7000 tons / year of rare earth separation project " will be invested this year .

Yesterday morning, Xinfeng, held a signing ceremony for the project investment and construction . By convention, the project will officially start construction this year , the goal is to build a commitment to Xinfeng South China region and the country's major ionic rare earth production , research and development , application and distribution centers.

The total investment is about 13 million yuan, annual processing 7,000 tons of rare earth concentrates , covers an area of ​​330 acres. After the completion , the project is expected to reach 2.3 billion yuan annual output value to local tax will bring more than 300 million yuan .

According to reports , the rare earth great strategic value, known as the "industrial vitamins ." Xinfeng away Tin , Sha Tin and other towns back to the dragon has proven reserves of rare earth ore amounted to 600,000 tons , accounting for Guangdong Province, 67% of rare earth ore reserves , and protect the good , to build the world 's largest production base with the conditions .


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