Inner integrate nine upstream change the export of rare earth disorderly competition

Inner Mongolia Academy of Social Sciences Institute of Economics at the light military recipients interviewed believe that the integration of Inner Mongolia Baotou Steel deeper meaning nine upstream of rare earth , rare earth products to change the export structure , the formation of a greater competitive advantage , in addition to a number of rare earth after business " alliance" , can form a consistent export policy is expected to change the status of rare earth exports disorderly competition was formed .

2010 , issued a " work program on the development of rare earth resources in order to carry out special rectification " under the Inner Mongolia Autonomous Region , Inner Mongolia Autonomous Region clearly within the scope of the rare earth exploration, mining , processing, smelting of Steel franchise . December 27, 2012 , with 12 participating in the Baotou Rare Earth integration and restructuring companies signed the " Inner Mongolia Rare Earth upstream integration and restructuring framework agreement ," a key step in Inner Mongolia Rare upstream integration and restructuring . The agreement, these 12 companies and their shareholders agreed to free transfer of 51% stake in the business to the Baotou Rare Earth . After the reorganization formalities completed, according to Inner Mongolia Baotou Steel Rare Earth respective development policies at all levels of local government and the Baotou Rare Earth Development Goals , for 12 business strategy , business scope of unified planning , conduct its industrial and product distribution structure adjusted accordingly. Meanwhile, Baotou Steel Rare Earth will be given 12 business support in human resources, technology , capital, and rare earth resources, mandatory production plan targets and export quotas .

After a series of coordinated efforts of three rare after the elimination of the upstream business , December 31, 2013 , Steel , deputy chief engineer , Zhang Zhong , general manager of Baotou Steel Rare official representatives with nine rare corporate or upstream signed an agreement on behalf of integration and restructuring , Inner Mongolia Baotou Steel rare Earth marks the upstream business integration and restructuring completed.


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