Since the reorganization of the Framework Agreement signed by the end of 2012, with 12 of Inner Mongolia Baotou Steel Rare-earth Enterprises upstream integration have not yet seen substantial progress, is still in a kind of "delegated management" of the state.

Reporters learned that led to this situation, the Ministry of Industry issued a rare earth smelting and separation products mandatory plan targets "adequate", there are generous investment enterprise integrating scientific research, I hope in the downstream portion of polishing powder material applied technological breakthrough, which profitable.

Currently still in the early stages

May 4, 2011, Inner Mongolia introduced the "rare earth upstream enterprise integration phase work program", the local 35 companies will be mergers and acquisitions, compensation off, out of shutting down. By the end of 2012, Baotou Steel Rare Earth with one of the 12 companies signed a framework agreement on restructuring, Baotou Steel Rare Earth, general manager Zhang told the "Daily Economic News" reporter, said the Baotou Rare Earth integration has not yet completed "first step", he used "stage Completions "to describe the progress of integration.

August 8, Zhang said in an interview with reporters, 12 "incorporated" into the Group's business has not been substantive consolidation, is still in the early stages of integration, because "Assessing do account" and so on.

Zhang told reporters that currently doing preliminary work including the assessment of the time required by the agreement on the principle. Pursuant to the Framework Agreement, the reorganization of the 12 companies and their shareholders must agree to the Baotou Rare Earth free transfer 51% stake in enterprises, consistent with the Baotou Rare Earth Development Plan and to achieve compliance with national environmental standards. Baotou Steel Rare Earth in talent, technology, capital, rare earth resources, mandatory production plan targets and export quotas to give 12 corporate support.

Been integrated enterprise restructuring plan

Multibyte insiders told reporters that the Baotou Rare Earth integration 12 companies real difficulty lies in the smelting and separation indicator is not enough.

One yuan close to being integrated enterprise, told reporters that, by integration, the 12 enterprises obtained only from the Baotou Rare Earth mandatory targets. Baotou Steel Rare Earth under which there are two separate companies, had only two indicators of enterprises now pay would give 12 companies, is a typical enough to go around.

Be integrated with a home business, for example, concentrates before 1000 tons monthly subsistence, and now can only get five million tons Baotou Rare Earth Concentrate targets. Above estimates, 14 separate business capacity equivalent to a minimum of approximately 80,000 tons oxide calculation, but only 35,000 tons Baotou Steel Rare Earth Separation smelting targets.

Currently 12 companies are not included in the staffing and financial Baotou Steel Rare Earth unified management, namely in the "food" in the case financing. "Only smelting separation part, this is more of a delegated administration." The person said.

Zhang claimed, "We will guide these companies, relative to the number of downstream industrial transfer, or in the centralized control of the upstream efficiency based."

One yuan of anonymity, informed sources told reporters that "centralized control to improve efficiency," then, is integrated part of the enterprise smelting and separation capacity is likely to be shut down, because according to the agreement, environmentally unqualified enterprises will not get mandatory targets, that can not get raw materials, and environmental standards are more stringent.

"Now there is no through environmentally friendly, want to come is not easy, it must comply with the Baotou Rare Earth planning." Zhang said.

Not long ago, Baotou Steel Rare Earth to convene a meeting of its 12 companies, said on December 31 this year, 12 companies can no longer tailings drainage. One yuan is integrated company official told reporters that last year did not profitable enterprise, mainly invested heavily in research and environmental protection, including research and development investments accounted for more than 30% of sales revenue is to be able to apply in the downstream polishing powder materials some technological breakthrough.

The official said, because the input is too large, the next two years is estimated will still not profitable. He will also make a separate link smelting enterprises because of "concentration of production" and was prepared to shut down, now this part of the business has been compressed to a proportion of the total business of 20%.


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Mean maintenance of stability of rare earth market today, trading volume slightly deserted. Buyer demand procurement, high offer, the phenomenon still low turnover, the overall market waiting thicker atmosphere.

Neodymium oxide 330,000-340,000 yuan / ton.

Lanthanum oxide mainstream manufacturers tax price 27,000-29,000 yuan / ton.

Cerium oxide mainstream manufacturers tax price 28,000-29,000 yuan / ton.

Praseodymium oxide mainstream manufacturers tax price 490,000-500,000 yuan / ton.

Dysprosium oxide mainstream manufacturers tax price 220-240 yuan / ton.

Neodymium oxide, praseodymium mainstream manufacturers tax price 335,000-345,000 yuan / ton.

Praseodymium neodymium metal mainstream manufacturers tax price 425,000-435,000 yuan / ton.

Dysprosium iron mainstream manufacturers tax price 220-240 yuan / ton.

Europium oxide phosphor grade mainstream manufacturers tax price 4,600-4,800 yuan / kg.

Terbium oxide phosphor grade mainstream manufacturers tax price 4,000-4,200 yuan / kg.


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Following Ganzhou Rare Earth campaign against illegal activities, the Ministry of Public Security, Ministry of Land and other eight departments have also issued a document, will be organized in the fight against illegal rare earth industry special action for three months. And yesterday the market, rare earth brave, Sheng and resources Minmetals Rare Earth, Baotou Steel Rare Earth so good performance. In addition, nearly a month of suspension Rising colored material acquisitions, said the company basically completed the preliminary work. Insiders pointed out that the market consolidation, improvement and the integration of assets backing for rare earth prices and stocks. Recommend appropriate attention Baotou Steel Rare Earth, rare earths and Sheng and Minmetals Resources and other leading stocks.

In recent years, the government acts on the illegal exploitation of rare earth crackdown growing. Chinese government network information is displayed on the 8th, the Ministry of Public Security, Ministry of Land and other eight departments, from August 15 to November 15 will be in the fight against illegal rare earth industry special action, the action will focus on the fight against rare earth mining, production , the circulation of illegal behavior.

Ministry Secretary Chen Yanhai the 8th of raw materials at the Fifth Baotou Rare Earth Industry Forum, said the illegal mining of rare earth production is still relatively rampant, seriously affecting the entire development of rare earth industry in the first half of rare earth industry realized profits of only 2 billion yuan .

China Rare Earth Association Secretary-General Ma Rongzhang recommendations Rare black chain set up to combat long-term mechanism, the establishment of rare earth on the downstream corporate strategic cooperative partnership. He said the association will be completed before the end of the rare earth industry development plan for the medium and long term.

This year the situation is not optimistic about the industry

Marong Zhang told the China Securities Journal reporter, in 2012 the South Total rare earth minerals mandatory plan was 13,400 tons; According to association statistics, Southern rare earth mine in 2012 to produce at least 3.7 million tons. Which can be introduced, the South separated ion ore smelting enterprises to obtain more than 70% of unknown origin. He said that the rare earth black chain rampant, that illegal enterprises that difficult, difficult to combat illegal mining, profit-driven and serious local protectionism.

This year the situation is not optimistic. The first half of smelting and separation of rare earth minerals and product yield, respectively 41,000 tons and 35,000 tons, plans to complete in the first half for 87% and 78%, to achieve industry profit of about 20 million. Chen Yanhai said that although the first half of the demand has been warmer, but considering the first half of the indicators have been completed more than half of the earth, the overall industry performance is expected this year will be a sharp decline.

"At present, most enterprises are facing losses, some companies are partially stopped, the industry generally reflect a lack of confidence. Several elements price increases can not make up the market's overall decline, the market is the purchasing power of the status quo is not busy, the transaction is insufficient." Ma Rongzhang also holds same view.

Overcapacity is the main reason for the poor performance of the rare earth industry. China Rare Earth Association, Gan Yong said that at present, China's rare earth permanent magnet materials production capacity of 300,000 tons, annual output of 80,000 tons, less than 30% capacity utilization.

"At present, apart from rare earth catalytic material is not excessive, the others are surplus." Zhang Zhong, general manager Baotou Steel Rare Earth more direct road.

Rare park development disorder causes excess production capacity further. Marong Zhang told the China Securities Journal reporter, since 2010, many areas of rare earth park planning and construction, the country has about 18 rare earth industrial park. The park planning similar, and many more resources as the core, to the midstream and downstream industry chain extension.

Should regulate rare earth production and management

Ma Rongzhang revealed that the association will on China's rare earth resources, production, marketing, policy, environmental, and other aspects of the application on the basis of full investigation, resource-based enterprises as the core, market-oriented, China's rare earth industry put forward long-term development plan, promote the sustained and healthy development of China's rare earth industry. The plan is expected to be completed by the end of the year prepared.

Marong Zhang said that to coordinate supply and demand, promote consumption, should be established on the downstream corporate strategic cooperative partnership. Association will strengthen cooperation with relevant industry associations, has been established with hydrogen, light function, polishing, catalyst club and soon to be established and rare earth permanent magnet alloy club to promote RE in the automotive, wind power, white goods applications in the field, to create Rare application platform. Guide enterprises to increase R & D, design and manufacturing capabilities, and promote the development of rare earth materials and applications.

The current situation for the industry, Ma Rongzhang suggestions: Rare regulations as soon as possible, a clear main responsibility to establish long-term mechanism to regulate rare earth production and business activities; soon comprehensive recycling programs for rare earth waste to be sorted out, combining guidance, regional planning, establishment of regional recycling center, waste disposal companies standardize rare earth production and business activities, incorporating industry regulatory aspects; strongly promote balanced use of rare earths, particularly lanthanum, cerium and other elements of an annual surplus surplus 3-5 tons, should be encouraged to lanthanum, cerium in the field of environmental protection, structural materials application; take the severity of other ways, focusing on heavy rare earth export controls, light rare earth production gradually liberalized mandatory plan and supporting the introduction of appropriate management measures; phasing lanthanum, cerium export quotas, to encourage a large number of export lanthanum, cerium and other surplus elements, the international market; adjust the resource tax, in order to strengthen the international position of China's rare earth industry; formulate relevant legal system reserves of rare earth, rare earth reserves established classification management system.


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