Accelerate the integration of rare earth industry

"rare earth industry in recent years the market has been at the bottom , was very good, but the fund-raising 3 billion yuan Xiamen dock industry ' blood ', has attracted wide attention , these investment groups or individuals to join, Italy the integration of the rare earth industry in Fujian , so much action , coupled with limited future scarce metal resources , I think the whole industry is quite promising . "Wan and securities business department of Fuzhou relevant responsible person said . In fact , since last year started Xiamen Tungsten rare earth industry consolidation. In November last year , had acquired 100% equity interest in Xiamen Tungsten Moly alloy , tungsten industry chain integration . Meanwhile, the reporter learned that the rare earth industry is no good news came when , fueled the rare earth sector . For example , given increasing Rising colored raising $ 520 million acquisition of rare earths and tungsten assets ; Minmetals Development acquired 100% stake in Handan and Xingtai Mining Mining 100% equity interest in Shandong extend rare earth supply chain.

It is reported that by the end of February this year , the Ministry of Industry Division published materials on the " 2013 economic operation of the rare earth industry ." Announcement. Announcement should be made to speed up the formation of large rare earth enterprise groups. Consolidate and expand to China Minmetals , China Aluminum , Baotou Steel Rare Earth , Ganzhou rare earth, rare earth Guangdong , Xiamen Tungsten six rare earth -based mergers and acquisitions business pattern has been formed .


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