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Ganzhou Makes Strides in Rare Earth Consolidation

iconMay 7, 2013 16:50
Source:SMM
Baotou is rich in light rare earth reserves, while Ganzhou, Jiangxi province is the largest medium-to-heavy rare earth producing region in the world.

SHANGHAI, May 7 (SMM) – Baotou is rich in light rare earth reserves, while Ganzhou, Jiangxi province is the largest medium-to-heavy rare earth producing region in the world.

Ganzhou has made great strides in rare earth consolidation.

Meanwhile, Ganzhou still needs to enhance consolidation of rare earth smelting and separation. With regard to industry consolidation and building large rare earth groups, further cooperation between local governments, SOEs and local capital is demanded.

Rare earth enterprises including China Minmetals, Chalco, Inner Mongolia Baotou Steel Rare-earth and Guangdong Rising Nonferrous Metals all want to gain market shares of in ion-absorbing type rare earth in Ganzhou.

China Minmetals is the most powerful rare earth enterprise of all mentioned above.

Minmetals purchased Dingnan Dahua and Ganxian Hongjin in 2008, which are domestic largest and most advanced ion-absorbing type rare earth enterprises and produce the products with most stable quality, so as to form China Minmetals Rare Earth Company. Its rare earth separation and smelting capacity reached 9,000 mt/yr, with the capacity of  Dingnan Dahua and Ganxian Hongjin 4,400 mt/yr and 4,600 mt/yr, respectively.

A number of large rare earth groups will be constructed this year. (Edited by SMM)

 

rare earth reserves
rare earth consolidation

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