Dredge and healthy development of rare earth industry or welcome

RE is an important advantage in resources, have been widely used in military, electronics and other industries, is an important strategic mineral resources can be used in the manufacture of magnesium, aluminum, titanium and other alloy material, its most notable feature is the substantial increase in other products quality and performance, is vividly called & ldquo; industrial vitamins & rdquo ;. China is not only the largest producer of rare earth first, but also the export superpower. However, the industry has been due to disorderly competition, rare earth to escape the & ldquo; cabbage price & rdquo; cheap fate.

In support of the rare earth industry, technological innovation and healthy development of industry, the Ministry of Finance, the Ministry of Industry and Information Technology have jointly issued the "State of Things and the rare earth industry development grant fund management approach." Hereinafter referred to as ("Regulations"), it is learned in the field of rare earth industry mainly supported by grant funds include five aspects: First, the exploitation of rare earth resources regulation; Second, the rare earth mining, smelting and environmental transformation; third is rare common key technologies and standards development ; four are rare high-end application technology development and industrialization; five public technical service platform. Rare earth industry subsidies from the central budget, the Ministry of Finance, the Ministry of Industry and Information Technology fulfill their duties, division of labor, co-management. Industry experts said that China's rare earth industry into the policy tone period.

Number of policy measures to promote the industry trend for the better

In order to protect the rational development of rare earth resources, government has issued a series of related policies. May 19, 2011, "Some Opinions of the State Council on promoting the sustainable and healthy development of rare earth industry," released in the environment, access system, export management, tax and other aspects of the implementation of a more stringent policy, effectively promote mergers and reorganizations. This is the rare earth industry, the State Council promulgated the first programmatic document of great significance for the development of the industry.

November 9, 2012, to promote the healthy and orderly development of China's rare earth industry, regulate the rare earth industry adjustment and upgrade the management of special funds, the Ministry of Finance issued a "special funds to upgrade the rare earth industry restructuring management approach" (hereinafter referred to as the "Regulations"), the use of Yijiangdaibu, free financing and capital injection method of rare earth mining has been completed overall supervision of the construction of the local government system to give a one-time bonus, incentive payments are generally not more than 20% of the actual project investment.

And for the introduction of the "management approach", industry experts say, covering the rare earth industry in the whole industry chain upstream and downstream enterprises, and with the introduction of export quotas for rare earth industry as well as frequent industry consolidation, rare earth prices will gradually stabilize .

"Management approach" shows that the rare earth industry grant funds to support the exploitation of rare earth resources, supervision; rare earth mining, smelting and environmental transformation; rare common key technologies and standards development; rare high-end application technology development and industrialization; and public technical service platform .

& ldquo; rare earth industry on behalf of grant funds to award a penalty, can enhance the enthusiasm of enterprises to standardize development continued at a loss for the previous rare earth enterprises but also a support, help enterprises to standardize their behavior. & rdquo; Zhuo record information analyst Xu Haibin said.

China Rare Earth Industry Association Deputy Secretary-General Chen Zhanheng believes that in recent years through the introduction of a number of national policies and measures to be adjusted, the development of China's rare earth industry to the good momentum evident, especially in the environmental aspects of performance is particularly significant. & ldquo; under the guidance of a series of policies, China's rare earth companies invest in environmental protection has been greatly improved over the local government is also a lot of work in this regard & rdquo ;. It is reported that Zhang, general manager of Baotou Steel Rare Earth had said publicly, Baotou Steel Rare Earth will focus on optimizing product structure, extend the industrial chain, enhance product value, increase investment in environmental governance, centralized sewage treatment.

In terms of industry concentration, China has basically formed Baotou Steel Group, China Minmetals, the aluminum company, Guangdong earth, Ganzhou Rare Earth and Xiamen Tungsten and other six companies led industry development pattern. Earlier this year, the Ministry of Industry and Information Technology was held in conjunction with the relevant departments to form large-scale enterprise groups rare special meeting in Beijing, raised key support this six companies were led to further promote mergers and acquisitions, formation of large rare earth enterprise groups. Recently, the news about the rare earth enterprise integration also frequently appear. Xiamen Tungsten July 9 announcement that "Xiamen Tungsten Co., Ltd. Rare Earth Group was established plan" has recently received the Fujian provincial government approval. Currently the program has been submitted to the Ministry of Industry and Information Technology approved the record. Aluminum Corporation of China's Rare Earth Co., Ltd. China Rare recently with the Commission by letter, Shandong Province, China Iron and Steel Research Institute Group Co., Ltd. signed the "rare earth enterprises in Shandong on promoting the integration of the Letter of Intent," in Beijing, the three parties will build & ldquo; Shandong Rare Earth Group & rdquo ;.

Xu Haibin believes that the introduction of the rare earth industry subsidy fund management approach, the integration will play a stimulating effect on the industry in some way. Because the scale of rare earth enterprises in the management and technical level, and have an advantage, easier to get financial support, particularly in countries proposed the formation of a large group of rare earth program after some corresponding policy will tend to support these groups of rare earth enterprises . The upgrade from the Ministry of Industry and Information Technology recently publicized 2014 list of the rare earth industry restructuring intended to support projects special point of view, only swept the Baotou Rare Earth on which 11 projects, the aluminum company also has 10 projects selected, the advantages of large enterprise groups obvious. The industry believes that the current development of rare earth industry is facing difficulties, some financial support and superior resources concentrated in large enterprises, under pressure to survive, some small and medium rare earth enterprises may accelerate closer to big business, or self-eliminated.


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