Gan Yong: China is just beginning to integrate rare earth

CPPCC National Committee, China Academy of Engineering , Gan Yong , chairman of Chinese Society of Rare Earths , said rare earth and other strategic resources need to be protected from the national level legislation.

Gan Yong pointed out that the integration of the domestic rare earth is only just beginning .

February 21 evening, the Ministry of Industry and Raw Materials Division issued the " 2013 economic operation of the rare earth industry ," and working to deploy this year , the rare earth resource utilization management requirements specification , the rare earth utilization projects ( waste recycling , recycling Overlaid mine rescue , etc. ) into the total production control plan management , focusing allocated to the newly formed six major rare earth enterprise groups.

Reporting requirements , consolidate and expand the focus this year has been the formation of China Minmetals , China Aluminum , Baotou Steel Rare Earth , Ganzhou Rare Earth , Guangdong, rare earth, rare earth enterprises Xiamen Tungsten six major mergers and acquisitions based on the pattern of integration of domestic rare earth mining and smelting separate companies , closed during this process a number of illegal businesses , converting a number of enterprises , restructuring of a number of enterprises , dramatically reducing the number of separated rare earth smelting enterprises , resolve excess capacity. Promote mergers and acquisitions , the formation pattern of development of large enterprise groups leading rare earth industry as soon as possible .


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