SMM5, 22 March: on the 20th, General Secretary Xi Jinping went to Jiangxi for investigation and investigation. The first stop came to Jiangxi Jinli permanent Magnet Science and Technology Co., Ltd., which is located in Ganzhou City, to learn about the production and operation of enterprises and the development of rare earth industry in Ganzhou City. In the enterprise exhibition hall, Xi Jinping listened carefully to briefings on the production and operation of enterprises and the development of the rare earth industry in Ganzhou, and learned in detail the distribution, development technology, application, and environmental protection measures taken in the production and processing of rare earth resources in China. In the production workshop, Xi Jinping carefully examined the production and operation of equipment such as automatic packaging inspection lines and high-performance sintering furnaces, and had cordial exchanges with workers on the spot. Xi Jinping affirmed the practice of enterprises to increase investment in scientific research, devote themselves to scientific and technological innovation, and pay attention to ecological restoration. He stressed that technological innovation is the lifeblood of enterprises. Only by having independent intellectual property rights and core technology can we produce products with core competitiveness and be in an invincible position in the fierce competition. It is necessary to firmly grasp the strategic basic point of technological innovation, master more key core technologies, and seize the commanding point of the development of the industry. Rare earth is not only an important strategic resource, but also a non-renewable resource. It is necessary to strengthen the work of scientific and technological innovation, constantly improve the technological level of development and utilization, extend the industrial chain, increase added value, strengthen project environmental protection, and achieve green and sustainable development. "Click to view the video
On the 21st, Hong Kong stocks of Chinese rare earths soared 108%, A shares of rare earths plate also rose by a large area, the market value of the whole plate increased by 39.5 billion.
On the 22nd, the rare earth permanent magnet plate continued to strengthen, Yingluohua, Jinli permanent magnet, Minmetals rare earth and other stocks continued to lead the rise.
The rare earth plate, which has been silent for a long time, has suddenly become very popular, and it has been personally inspected by General Secretary Xi to see whether it is related to trade frictions. In the previous article, "the real reason for the sharp rise of rare earths in China, which has lost money year after year!" "according to the analysis in China, as a big rare earth country, Deng Xiaoping said during his tour to the south that there is oil in the Middle East and rare earths in China. China has 55 million tons of rare earth reserves, accounting for 40 percent of the world's reserves, and exports account for nearly 90 percent of the world's reserves. If China can make good use of rare earth resources, it will be able to remain invincible in its economic development.
