Expansion of the list of the Ministry of Rare Earth Group

MIIT held jointly with relevant departments to form large conglomerates rare special meeting in Beijing , and plan to further strengthen the rare earth industry mergers and acquisitions, rectification work. Land Department , the SASAC and other departments of the comrades , Inner Mongolia, Jiangxi Rare Earth 12 provinces (regions ) industry authorities responsible comrades , industry sources said , rare earth stocks meet again positive , or concern.

The meeting reviewed the progress of more than two years, the rare earth industry mergers and acquisitions , according to the law of survival of the fittest market , the next step , to the flow, focusing on this six companies were led to further promote mergers and acquisitions , formation of large rare earth enterprise groups.

The meeting noted that the government should play a good role , a combination of economic , technical, legal and necessary administrative means to eliminate institutional obstacles , grasp this opportunity to promote mergers and acquisitions, corporate formation of both internal incentive , another external regulatory accountability policy system, and promote mergers and acquisitions changed from "Let me rephrase " to " I want to reorganization ."

As early as 2011 , the State Council issued the " State Council on the promotion of sustainable and healthy development of rare earth industry " had clearly made ​​with 1 to 2 years, the basic form to large enterprises as the leading rare earth industry pattern. Since then , the Ministry officials have repeatedly said the rare earth industry will accelerate the integration, 2-3 large rare earth industry groups.


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