Rare is a small product, inappropriate scale operation

Rare is a small product , not suitable for large-scale operations , Jiao Jian , general manager of CMN recently told reporters, " it is ' industrial MSG ' not ' industrial food ', with so much to get the Group may finally uncontrollable , but the state has also taken many measures , regardless of the pipe than good . "

MIIT jointly with relevant departments in Beijing held a formation of large enterprise groups rare special meeting , and plan to further strengthen the rare earth industry, mergers and acquisitions, rectification work. It was suggested that the next step will focus on supporting six companies were led to further promote mergers and acquisitions , the formation of large-scale enterprise group of rare earth , which is six enterprises including China Minmetals .

From its inception , there Minmetals Rare Earth business, was the first country operating rare earth, rare earth and first introduced to foreign companies . Where CMN is the main business segment Minmetals Nonferrous Group , under which there are currently 20 companies , of which three mining enterprises , 16 separate smelting and downstream processing enterprises , as well as a listed company .

" CMN mainly do two commodities , one is Chinese comparative lack of basic metals , such as copper , then there are relatively strong in China , this kind of goods, including tungsten, antimony and rare earths , the policy is to achieve effective integration of resources in the country the relative concentration of the right to speak . " Jiao Jian said. In the rare side, the focus of operations south CMN ionic rare earth ( heavy rare earth ) .


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