Sichuan-based integration or company
- Details
- Category: Rare Earth News
- Published on Friday, 24 January 2014 11:01
North and south of rare earth resources is carried out to integrate the two major markets , as rare earth resources in Sichuan province , which become parties to focus the question of attribution . It is said that the parties are competing for the rare earth resources in Sichuan.
MIANNING Panxi region , extending to Johnson and other places Xichang , Sichuan constitute a nearly 300 kilometers west of the north-south zone of rare earth resources , rare earth ore reserves ranked second in the country after the header ; and Sichuan rare earth ore grains thick, single component , less impurities , easy mining, smelting and easy , the required short process, low investment experts enjoys " the second national reserves , the quality of the country's first " in praise.
" Sichuan Province, vanadium and titanium steel and rare earth industry 2013 Annual Work Plan " in August 2013 Sichuan Commission by letter released pointed out that to promote the JCC by the Sichuan earth, Sichuan Mining Investment , Sichuan Han Xin , MIANNING mining, Leshan Sheng , Leshan sharp demeanor and smelting companies jointly funded the establishment of separate light rare panxi Group Co. , cultivating large enterprises and groups , to accelerate the development of high-end applications. Easy to see that the integration of rare earth resources in Sichuan have their own ideas .
As the only one rare earth listed company Sichuan Sheng and resources in Sichuan RE integration were high hopes . Chen Dongmei securities on behalf of the company , told reporters : " Sichuan rare earth resources should be based on the integration of the company based in Sichuan , light rare earth rare earth belongs to Sichuan , and Jiangxi Ganzhou Rare Earth belongs to that area of the heavy rare earths , the two are not the same. So, in order to integrate Ganzhou Rare Earth Group led for light rare earth and have little impact . "
For the rare earth Sichuan Sheng and resource integration will lead to problems , Chen Dongmei , said: "It has not been introduced in Sichuan integration solutions , specifically to see how government programs do . "
However, with the integration of the Southern Rare Earth swing, Sichuan RE integration is also expected to accelerate . UBS Securities recently released a research report pointed out that in January this year, the Ministry of Industry Conference to establish " 1 +5 " Rare Earth Group structure, the integration process is expected to rare earth industry is likely to accelerate in the future . In addition , with the gradual recovery of the downstream demand after the Spring Festival , rare earth prices are expected to re- stabilizes. If the country in the first half of 2014 carried the rare earth reserve, is also expected to partial restoration of rare earth supply and demand relationships on prices boost.
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