Here comes the rare earth aircraft carrier!
On the evening of December 22, China Minmetals Rare Earth Co.Ltd(000831) announced that, after research by the SASAC of the State Council and reported to the State Council for approval, it was agreed that Chinalco, China Minmetals and Ganzhou Municipal People’s government would carry out the strategic reorganization of relevant rare earth assets and establish a new company controlled by the SASAC of the State Council.
here comes the rare earth aircraft carrier
According to the China Minmetals Rare Earth Co.Ltd(000831) announcement, a new company controlled by the SASAC of the State Council is newly established, the equity of China rare earth Co., Ltd. held by Chinalco group, the equity of China Minmetals Rare Earth Co.Ltd(000831) and China Minmetals Rare Earth Co.Ltd(000831) Group Co., Ltd. held by Minmetals, and the equity of China Southern rare earth group Co., Ltd. held by Ganzhou rare earth group Co., Ltd. and its affiliated enterprises The equity of Jiangxi Ganzhou rare metal Exchange Co., Ltd. and Ganzhou Zhonglan rare earth new material technology Co., Ltd. is transferred to the new company as a whole.
Source: Announcement
China Minmetals Rare Earth Co.Ltd(000831) said that after the reorganization, the controlling shareholder of the company is still China Minmetals Rare Earth Co.Ltd(000831) Group Co., Ltd., and the actual controller will be changed from China Minmetals to a new company.
On the evening of September 23, China Minmetals Rare Earth Co.Ltd(000831) announced that Aluminum Corporation Of China Limited(601600) Group Co., Ltd., Minmetals Group Co., Ltd. and Ganzhou Municipal People’s government are planning the strategic reorganization of relevant rare earth assets.
Hao Peng, Secretary of the Party committee and director of the state owned assets supervision and Administration Commission of the State Council, said at the recent meeting of heads of central enterprises that the specialized integration of rare earth and coal was deeply implemented.
moderately and orderly release rare earth exploration rights and mining rights
According to the total amount control index of rare earth mining, smelting and separation in 2021 released by the Ministry of industry and information technology on September 30, the young rare earth mining index in 2021 is 148850 tons, and the medium heavy rare earth is 19150 tons, totaling 168000 tons; The total smelting separation index is 162000 tons.
Source: Ministry of industry and information technology
On December 20, at the 13th China Baotou rare earth industry forum, the Ministry of industry and information technology said that it would adhere to systematic thinking and enhance the supply guarantee capacity of rare earth products. Appropriately and orderly release rare earth exploration rights and mining rights, strengthen the investigation of Baiyun OBO mine and medium and heavy rare earth resources, find out the resource reserves, expand the recoverable scale of resources, make overall use of Chinese and foreign resources, further improve the management of Rare Earth total amount control indicators, and standardize the processing and utilization management of imported ores and industrial wastes containing rare earth resources.
In addition, earlier this year, the Ministry of industry and information technology publicly solicited opinions on the regulations on the administration of rare earths (Draft for comments), and clarified the punishment regulations for the first time. In July, the Ministry of industry and information technology said that it would promote the promulgation of rare earth management regulations as soon as possible.
(China Securities Journal)
