Ganzhou Rare Earth Mining consolidation is expected to resume production batch for loop

November 4 , Ganzhou Rare Earth Mining integration project EIA report for the Ministry of Environmental Protection approved . Insiders told reporters , Ganzhou Rare Earth Mining mining operations discontinued nearly two years after the approval of the Ministry for Environmental Protection is expected to re-open the mine . According to Ministry of Environmental Protection before the publicity Ganzhou Rare Earth EIA report submitted abridged , Ganzhou Rare Earth integration project in two phases , one intends to integrate mine 48 to 14 .

November 4 , Ganzhou Rare Earth Mining Integration ( a ) project in October 28 to get the ministry approval, which means discontinued two years of Ganzhou Mining mine is expected to re- mined.

According to the show , Ganzhou Ganzhou Rare Earth is directly under the government -owned enterprise, established in December 2004 , the SASAC Ganzhou cash shares from established, Ganzhou Rare Earth Mining is the only mining right people, with 44 mining permits .

Nearly two years , Jiangxi , Ganzhou Rare Earth remediation efforts are also much outside attention. According to the General Office of Jiangxi Provincial Government " on the issuance of Ganzhou Rare Earth rectification program of work notice" and Ganzhou government " on the issuance of abandoned mines in Ganzhou environmental governance to implement the views of the notice" , Ganzhou rare earth mine in the second half of 2011 production.

The Ganzhou Rare Earth integration project in two phases. One including County Long County and given the integration of rare earth mineral rights , two including full south, Anyuan , Xinfeng , Xunwu , Ning County, Jiangxi Rare Earth and tenements of integration.

An integration project originally planned to be 48 to 15 mines integration , Long South 16 Integration of four , will be integrated into the South 32 11 . However, due to the dragon 's cave -rich southern foot pit mine with highway and were not included in this consolidation projects , so long by the 15 South practical integration of three mines mines .

" The integration of mining rights , help to curb illegal mining of private mining and Ganzhou Rare Earth co-ordinated management ," Essence Securities analyst Qi Ding told reporters.

According to the EIA file briefings, Ganzhou Rare Earth integration projects using in-situ leaching mining process, the production scale of 24,325 tons / year of rare earth ammonium bicarbonate ( equivalent to 92% of the mixed rare earth oxide 6950 t / year ) , the total investment 1.36 billion yuan environmental Protection estimated investment of 510 million yuan , accounting for 37.8% , mainly used in the mining area historical waste land and ecological restoration of mined-out area and stope tail water collection treatment.

Ionic rare earth ore supply more adequate

Obtain approval of the Ministry of Environmental Protection Ganzhou Rare Earth , it has recently backdoor Wei Hua shares rare earth companies , industry insiders believe , Ganzhou Rare Earth mines resume production soon , the company will increase the supply of ionic rare earth mine , is conducive to growth for the company . However, the company is also facing the challenges of the current oversupply of rare earth market .

" Ganzhou Rare Earth discontinued more than two years , by the end of 2011 has basically no rare earth products , if the recovery mining production , capacity to be released , results of operations will be greatly improved . " a rare earth industry analyst , told reporters.

However, the rare earth industry analyst Du Shuai Bing told reporters that Ganzhou Rare Earth mines resume production , ion ore supply capacity will be enhanced, but the current market will not have much effect , "because the current market, is already a glut of rare earth stage , it is important if it is downstream demand , driven by rare earth prices continue to rise , " so it can only form a good performance .


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