Analysis of the industry , at the national level for the integration of rare earth bill has already been determined, but the industry needs to adjust it for quite some time . On the one hand , the implementation of national policies need to be refined ; on the other hand , have the opportunity to do the relevant local economic restructuring programs, especially related businesses to do well adjusted to prevent the ups and downs of the situation appears.
New Year, and then heard the rare earth industry news . Some media reports, a large group of rare earths led the development program of the Ministry of Industry , recently received the State Council approved , by program form a " 1 +5 " pattern. International Chinese Commercial News reporters Jiu Cilian and Ji Le China Minmetals Chamber of experts , but did not get relevant replies.
Prior to this, the North-South border are rare brainer . By the end of 2013 , there are companies quietly action. December 31 , Baogang Group and the Inner Mongolia Autonomous Region 9 RE upstream companies and shareholders signed the " integration and restructuring agreement " ; December 28 , Jiaozuo Wanfang announcement , to be signed by " the capital increase and the Aluminum Corporation of China agreement " capital invested Chinese rare Earth Co., Ltd. 20% stake in rare , becoming its second largest shareholder.
Integration, not only to increase their investment ...... rare earth industry bigwigs , visionary enterprises also have to plan incoming .
For the rare earth industry, " unwieldy " the deadly disease , a large group is a good program predicament of the law, the industry will play an active role in survival of the fittest . However, compared to the northern Inner Mongolia Baotou Steel led the integration has begun , " model " , south of interest between local government and the complex entanglements of local businesses , will become the rare earth industry consolidation impediments .
Non- overnight
The so-called " 1 +5 " pattern, ie, a North 5 South . North that Baotou Steel Rare Earth Rare Earth Group founded north , south includes several years ago on the layout of the rare earth industry Minmetals and Chinalco two central enterprises , and Ganzhou Rare Earth , Rising Nonferrous Metals, Rare Earth Group Xiamen Tungsten three places .
Program is approved, from 2011 the State Council issued the " State Council on promoting the sustainable and healthy development of rare earth industry ," clearly put forward by 1 to 2 years to basically form a large enterprise -oriented pattern of rare earth industry , after a lapse of nearly three years.
Sources said a large group programs designed to improve industry concentration, the realization of large enterprises as the leading rare earth industry structure , build the whole industry chain and reasonable rare earth rare earth industry development pattern and rare scattered over the years to really change the situation .
In fact, a large group of rare earth program has long been. Investment Advisor in Senior Fellow任浩宁in an interview with reporters , said , "State -level integrated solutions already identified . However, structural optimization, industrial restructuring take quite a long time . "
Despite gradually played a portfolio of rare earth industry consolidation since the beginning of 2012 the country , but for many of the ills of the rare earth industry . "Many factors impede urgently get rid of . Among them, the resistance from the local government , the local state-owned enterprises of the largest , including relevant supporting measures to implement the local government has not yet enacted , small and medium private enterprises , individual investors exit mechanism did not play a role. " Investment Advisor in Senior Fellow Renhao Ning said .
" Jiangxi, Guangdong , Hunan and other investors to enter and have a lot to integrate very complex. " he added.
In addition , regional small businesses to large group of rare earth consolidation , distribution of rare earth smelting separation indicators are more complex process.
In fact, in the case of access to upstream resources nowhere , south central enterprises involved in the process of ionic rare earth industry would usually take "infiltration routes " , that is, through mergers and acquisitions downstream smelting separation and processing industries , and gradually penetrate upstream.
Indicator or tilt
Previously, Baotou , Inner Mongolia is experiencing with the local 35 companies " run-in period ," or shut down compensation , or adjustment of product structure to the new materials, functional materials direction , it produced a separation of rare earth smelting enterprises to incorporate indicators the actual problem is difficult assignment.
Although only to promote the overall development framework for the healthy development of rare earth industry , " large group plan" in order to better improve the industry concentration , the next step , including production quotas , mandatory plan , a series of new mining permits and other policies , the overall will tilted to the large group .
An anonymous industry sources pointed out that in the long run , the country will be given to large groups more quotas and targets. After all, for a large group , the acquisition of SMEs are also pieces of " laborious " thing, the compensation system is a must have. And specific geographical distribution certainly will .
An industry analyst believes that "group " of countries unified management easier , convenient and policy interventions ; reduce to some extent the market disorder vicious competition , which will help protect the rare earth prices .
2013 , rare earth industry in July and August there is only a brief recovery , the rest of the month were highly colored dim . Some analysts said , because the delay in implementing the purchasing and storage of rare earth , rare earth stocks in 2013 underperforming large group of rare earth -related programs approved or listed company formed positive. "The introduction of a large group of rare earth solution undoubtedly bring to the market a little hope, but short-term boost , or will not be obvious. "the analyst said.
Whether or rare earth industry heavyweights downstream enterprises are seeking long-term planning .
For wholeheartedly do bigger its " one-third of an acre of land" , it has enough voice. In fact, December 31, 2013 , signed the " integration and restructuring agreement" also announced that , and signed "exclusive ore supply agreement " through non- public issuance plans and group purchasing private placement with the rare earth group Iron Tail on the same day mine assets.
Bayan Obo mine reserves of rare earth resources in China accounted for 90 %, 40 % of the world , ranking first in the world . In fact, the superposition of the purchase of the last injection of tailings and mining rights in the West as the world's leading enterprises of rare earth resources .
Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn