Baotou Aiming from World "Rare Earth Capital" to "Magnet Valley"

Baotou, a city that possesses large rare earth reserves is rapidly developing on the basis of energy, today, the city is actively promoting the transformation and upgrading of the industry through three measures to build the world "Magnet Valley".

According to Jiangtao Zhao, the deputy secretary of the Baotou Municipal Party Committee and mayor, the city possesses the world's largest rare-earth mine. The light rare earth reserves rank first in the world, with industrial reserves of 43.5 million tons, accounting for 83.7% in domestic and 37.8% of the world total. The proven reserves are 106 million tons and prospective reserves of 135 million tons. In 2018, the preliminary exploration results of the Institute of Geology and Geophysics of the Chinese Academy of Sciences showed that the total reserves in the Baiyun Ebo mine are estimated to be 3 million tons, which is equivalent to reserves in the seven southern provinces of China.

Baotou-the rare earth capital is moving to the world magnetic valley image

In recent years, the city has fully utilized its rare earth resource advantages, continuously improved the industrial system, concentrated on cultivating scientific research strength, and fully promoted high-quality development. In 2018, the industry output value reached 17.63 billion yuan, a year-on-year increase of 16.8%, the profit and tax were 2.37 billion yuan, an increase of 26.7%, and the contribution rate to industrial economy reached 17%.

At present, the in-situ conversion rate of raw materials has increased from 40% to 75%, and the proportion of functional materials and applied industries has increased from 32.7% to 51.1%. The extensive development model of “digging and selling soil” has been effectively changed.

Baotou takes three steps to build the world magnetic valley image

Three steps to build the world "Magnet Valley." First, create a national-level functional materials innovation center, make breakthroughs in basic research and the development and application of "card neck" technology as soon as possible, and gradually occupy the world's high-tech research points.

Second, accelerate the construction of Inner Mongolia Rare Earth New Material Industrial Park, promoting the accumulation of industries, technology, talents to the new industrial park. Achieve wide-area, deep-level, high-level, cluster development. Third, actively extend the development of permanent magnets, polishing, hydrogen storage, catalytic auxiliaries, and alloys, and promote the development of rare earth industry clusters to create the world's "Magnet Valley" in Baotou.

 

 

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