South Exchange Settlement base contracted rare earth products held in Shenzhen

November 7, 2013 , south Exchange Trading Center & rare earth products product Settlement base signing ceremony was held in Shenzhen . South Exchange with the Guangdong Provincial People's Government signed a Pingyuan rare earth products cooperation framework agreement to jointly set up the Guangdong Southern rare earth products trading center and southern settlement of rare earth products base in Guangdong , and settled in Pingyuan County , Guangdong Province . President of South Exchange Cao Minghui , Pingyuan County Magistrate Liu Chuan Xu attended the signing ceremony.

It is understood that Guangdong Province Pingyuan has rich rare earth resources, and has a high grade, with copies of a good , easy to exploit , many types of features , with an average grade of 0.18% , in the development of rare earth industry, has formed a mining Pingyuan , processing, separation and other relatively complete industrial chain , rare earth new materials have become Pingyuan most basic , the most promising industries.

Liu Xu Chuan county made ​​at the signing ceremony , Pingyuan to establish three national rare earth industry center : the first is the rare product development center, Chinese Academy of Sciences and the China University of Geosciences joint establishment of the National Engineering Laboratory Center , to seize the high ground ; second is the rare product quality testing analysis center , the establishment of industry standards , has been approved by the Guangdong Provincial quality Supervision Bureau ; third is the rare earth trade centers, namely the establishment of this trading center and settlement of rare earth -based projects in collaboration with the South Exchange contract . Through these three centers will the whole industry chain integration as a whole, led the development of the rare earth industry .

Cao Minghui president, said the seven rare South China Securities Regulatory Commission approved the Exchange category was June 17, 2013 officially listed for trading , the formation of strategic cooperation with Pingyuan will further promote the sustainable development of China's rare earth industry . RE through South Exchange electronic trading platform , can reduce transaction costs and logistics industry, will become a rare earth from a simple industrial investment goods , mobilizing private capital to participate in purchasing and storage , which can effectively prevent the loss of precious metal . Future cooperation will be further standardized and Pingyuan launch rare earth products to accelerate the flow of trade of rare earth , rare earth strategy for the country to achieve the purpose of purchasing and storage of rare earths .


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