Inner Mongolia Rare upstream integration and restructuring fully completed

The end of 2013 , " Inner Mongolia Rare upstream integration Restructuring Agreement " signing ceremony was held in Baotou . Baotou Steel Rare Earth and the Inner Mongolia Autonomous Region 9 upstream integration and restructuring agreement signed , marking the re-integration of upstream enterprises in Inner Mongolia Rare Earth has been fully completed , to protect the environment , conserve resources , Inner Mongolia Autonomous Region and the country's rare earth industry to promote the healthy and orderly development of great significance .

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 . As Inner Mongolia Industrial eldest son, clad always adhere to proceed from the overall development of rare earth industry , actively promote the integration and restructuring , 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 . " Thereafter , in order to accelerate the pace of integration restructuring, Baotou Steel Rare Earth hired intermediaries continue to carry out audits of the enterprises , legal assessments and special surveys and other work. Eventually, the 12 rare earth enterprises in nine companies included in the consolidation and restructuring of the formal framework , which are a new source of rare earth, rare earth Red Sky , feeder rare earth, rare earth up to Mao , aerospace Kim Gap , gold Mongolian rare earths , a London born , five of the original Xin moist and rare earths, were from Baotou , Hohhot and Bayannao'er .

2013 , Baotou Steel Rare Earth facing the grim situation in the market , with the full support of Baotou City , Inner Mongolia , and the leaders and departments, to accelerate the pace of integration restructuring. Clad with nine integration and restructuring companies signed an agreement to implement Inner Mongolia Baotou Steel Rare Earth marks the franchise policy has taken a solid step forward.


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