Nanfang Leading Enterprise, Quzhou Rare Earth Group established

On March 31, Ganzhou Rare Earth Group has been formally listed. At this point, it has formed a pattern of north and south doubles with the northern rare earth leading Baotou Steel Rare Earth (a trading bar trading point). Some experts believe that with the establishment of Chenzhou Rare Earth Group, China's rare earth integration will enter an accelerated period.

"Cangzhou Rare Earth Group Co., Ltd. is a large-scale state-owned enterprise, a major enterprise of rare earths in the south and the largest resource platform. It is currently the sole mining right holder of the rare earth in Ganzhou and has built a complete set of rare earth mining, smelting separation, processing, trade, and research and development. Industrial chain.” Liu Jianping, deputy mayor of Luzhou City, made the Quzhou rare earth group qualitative. According to another comment, the establishment of Ganzhou Rare Earth Group has greatly increased the concentration of rare earth industries in the south and will give companies more say in pricing. Moreover, it will become the dominant force in the integration of rare earths in the South, and Baotou Steel and the rare earth together to promote the national integration of rare earth industry goals.

It is understood that China's rare earth presents a resource distribution of "North Light South" characteristics, that is, the main light-earth rare earth in the north, with the majority of the heavy rare earth in the south, and the middle and heavy rare earth is still our country's unique rare earth. In the south, Ganzhou, Jiangxi Province, is currently China's largest producing and smelting and processing area for medium and heavy rare earth resources. Therefore, the establishment of the Zhuozhou Rare Earth Group marked the formation of the Southern rare earth leader and was also placed on the hope of integrating the Southern rare earth industry.

It is understood that in recent years, in order to protect strategic resources of rare earths, the state has strengthened the integration of industry governance, among which the integration of northern light rare earth has become relatively clear. At the end of last year, Baotou Rare Earth Co., Ltd. and 12 rare earth upstream companies and shareholders in the Inner Mongolia Autonomous Region respectively signed the "Rare Earth Upstream Enterprise Integration and Restructuring Framework Agreement." Twelve companies and their shareholders agreed to transfer 51% of the company's shares to Baotou Steel Rare Earth Co., Ltd. for free. Basically controls the production and sales of light rare earths in the north. However, the chaos of rare earth mining in the south is not optimistic, and seriously devalues ​​the value of medium and heavy rare earth.

At the beginning of this year, the Ministry of Industry and Information Technology listed rare earths in the nine key industries that “accelerated the promotion of mergers and acquisitions of enterprises” and proposed to increase industrial concentration. Spokesperson Zhu Hongren also stressed that it will “approve the establishment of large-scale rare earth enterprise groups in due course.” This time, the landing of Ganzhou Rare Earth Group can also be seen as a major result of the above policy. However, industry insiders also stressed that it is important to note that due to the decentralization of rare earth enterprises in the South, the integration process may be more difficult.