Rare earth industry merger and reorganization implementation plan

It was recently learned that the Ministry of Industry and Information Technology, together with relevant departments, is in the process of formulating plans to promote the merger and reorganization of rare earth industries. Although the specific content and timetable of the program are not yet known, from the perspective of the investigation of the relevant person in charge of the Ministry of Industry and Information Technology, Guangdong Province Rare Earth Industry Group Co., Ltd. and China Aluminum Corporation are recognized and are likely to become two “ Large rare earth "integrated indispensable to the main body. The Baotou Steel Rare Earth, after integrating resources in the Inner Mongolia region, is entering Gansu, Shandong, and Sichuan, becoming the leader of the Northern Rare Earth Group.

According to a person familiar with the matter, the management recognized the local rare earth group, which promoted the formation of the regional economy of the rare earth industry. Firstly, it realized the integration within the province as a unit. The next focus was on the cross-regional national Rare Earth Group Advances.

Who is the latest official mention of the top three rare earth integration issues, was held on April 21 this year, the first meeting of the first meeting of the China Association of rare earth industry. At the time, Su Bo, deputy director of the Ministry of Industry and Information Technology, stated that in 2013, it is necessary to speed up the formation of large-scale rare earth enterprise groups.

This is not the first statement made by the Ministry of Industry and Information Technology. As early as in the national “**” period in 2012, Miao Wei, Minister of Industry and Information Technology, proposed that after the successful establishment of rare earth production enterprises in the future, only 2-3 large-scale rare earth enterprises will remain.

"Now only the northern rare earth pattern is clear, Baotou Steel rare earth a dominance, in the country's large rare earth strategy has a place." The informed source said.

It is understood that since the May 4th, 2011 “Comprehensive Elimination Work Plan for Rare Earth Upstream Enterprises in Inner Mongolia Autonomous Region” was introduced, Baotou Steel Rare Earth has compensated 22 upstream rare-earth rare earth enterprises for closure, and 13 companies have been included in the scope of reorganization and cooperation of Baotou Steel's rare earths. The company started restructuring work.

At present, Baotou Steel Rare Earth has integrated the rare earth industry of the Inner Mongolia Autonomous Region, and the northern rare earth group with Baotou Iron and Steel Group as its core has been established.

As for the other two rare earth groups, the official has not yet given a clear statement, but from the investigation of the relevant person in charge of the Ministry of Industry and Information Technology, Guangdong Province, rare earth industry group company and China Aluminum Corporation is likely to be selected.

Su Bo visited Chinalco in May last year. In July, Chen Yanhai, director of the Department of Raw Materials of the Ministry of Industry and Information Technology, visited the Guangdong Province Rare Earth Industry Group and mentioned the formation of the large rare earth group. Especially in Guangdong, Chen Yanhai made it clear that the Guangdong rare earth industry group has initially had the conditions to participate in the national key large-scale rare earth enterprise groups.

"The next step will be the Ministry of Industry and Information Technology will work with relevant departments to promote the construction of national key large-scale rare earth enterprise groups, the relevant policy measures to large-scale enterprise groups tilted, and through rare earth special funds to support the transformation and upgrading of Guangdong rare earth industry." Chen Yanhai said at that time.

Recently, there are also news that China's rare earth integration program initially identified five leading companies, namely Baotou Steel Rare Earth, Guangyu Nonferrous Metals, Chinalco Group, Minmetals Group and Quzhou Rare Earth Group, followed by local rare earth enterprises and five leading enterprises. Integration becomes the key to further integration of the rare earth industry. This integration plan may be formally announced before and after August this year.

By calling the Rare Earth Office of the Ministry of Industry and Information Technology, related parties responded that "the current Ministry of Industry and Information Technology does not have such a statement, and the integration plan has not yet been implemented."

The above-mentioned insiders questioned the lack of an integration plan for the Xiamen Tungsten Industry. He said that Jiangxi, Fujian, and Guangdong are the major concentrations of ionic rare earth resources in China, and they play a decisive role in the domestic rare earth industry. Almost all of the rare earth mining warrants in the Fujian Province are in the hands of the Xiamen Tungsten Industry, and the Fujian Rare Earth Group has been established. The main body of the integration is the Xiamen Tungsten Industry. “Anyway, there is no reason why the Xiamen Tungsten Industry failed to be elected.”

Integration Path Although the rare earth integration plan has not yet been formally introduced, the regional economy of the rare earth industry has basically taken shape, and industry restructuring is progressing steadily.

Since last year, local governments have gradually begun to integrate rare earth resources. Jiangsu, Hunan, Yunnan, Guangdong and Sichuan have established rare earth industry groups to complete the integration of rare earth resources in the province.

It is reported that Jiangxi Ganzhou Mining controls the rare earth mines in Jiangxi's Ganzhou region; Guangdong integrates Guangdong's rare earth industry with Guangshen Nonferrous Metals' Co., Ltd., and on February 27, 2012, Guangdong Province's rare earth industry group was listed. Guangdong has only 4 mining warrants, and Guangsheng Nonferrous Metals owns 3, and entrusted with a management; Xiamen tungsten industry integration of Fujian rare earth resources, Longyan rare earth industrial park was established.

From the perspective of the national total control index of rare earth ore mining, the mining indicators of medium- and heavy-earth rare earth are mainly concentrated in Jiangxi, Fujian and Guangdong provinces.

In May 2011, the State Council issued a "Several Opinions on Promoting the Sustainable and Healthy Development of Rare Earth Industry." It is proposed that within 1-2 years, a rare-earth industry pattern dominated by large-scale enterprises will be basically formed, and the top three ionic rare earth industries in the south will be formed. The industrial concentration of the enterprise group reached more than 80%.

"The so-called southern ionic rare earth is medium-heavy rare earth, and the rare earth groups in Jiangxi, Guangdong, and Fujian control more than 90% of medium-heavy-earth minerals. In fact, the southern rare earth structure has basically taken shape," said the person familiar with the matter.

However, the pace of integration of "big earth" is far from over. In the next step, the state will support large enterprises to use capital as a link and vigorously promote resource integration through joint, merger, reorganization, etc., and significantly reduce the number of rare earth mining and smelting and separation enterprises and increase industrial concentration.

According to the Ministry of Industry and Information Technology, relevant departments will promote the merger and reorganization of rare earth industries. In the process of integration, we must adhere to overall planning, policy guidance, and market-oriented operation, taking into account the interests of the central government, local governments and enterprises, and properly handle the different regions and upstream and downstream industries. relationship.

The relevant person in charge of the Ministry of Industry and Information Technology once said that considering the characteristics of mineral resources, starting from the regional integration, and then establishing a national rare earth group, will help realize the full coverage of the rare earth industrial chain, and realize the protection of resources and environment, and promote the sustainable development of the industry. The strategic goal of development.

It is understood that Baotou Iron and Steel Group is leading the joint Gansu Rare Earth Group, absorbing the backbone enterprises in Sichuan, Shandong and other places to jointly set up the northern China rare earth group.

In addition, China Aluminum has integrated five rare earth enterprises in Jiangsu and rare earth resources in Guangxi. China National Color Co., Ltd. has invested in Guangdong to expand the production of rare earth separation projects with an annual production capacity of 7,000 tons. Minmetals has also invested in Yongzhou, Hunan Province and Heyuan, Guangdong Province.

“The next step is to promote the integration of state-owned enterprises and local rare earth companies. This is also a difficult point. From the current 78 companies to two or three large rare earth groups, the interests of these enterprises will change greatly, and any one party will give up its dominant position. It's hard," said the person familiar with the matter.