SMM6 News of the 5th of June:
In order to thoroughly implement the spirit of General Secretary Xi Jinping's important speech during his inspection and investigation in Ganzhou, on 4 June, the relevant departments and bureaus of the National Development and Reform Commission held a forum of rare earth industry experts to analyze the current situation of the development of the industry. To listen to opinions and suggestions on promoting the high-quality development of China's rare earth industry.
Experts attending the meeting pointed out that rare earths are indispensable strategic resources in modern industry, and they are also key strategic basic materials for transforming traditional industries and developing emerging industries. China has good metallogenic conditions and great potential for rare earth mineralization, and has obvious resource advantages. In recent years, all parties have made joint efforts to strengthen the protection of rare earth resources and ecology, strengthen the innovation system and capacity building, promote intensive and high-end development, speed up the transformation of greening and intelligence, and effectively promote the high-quality development of the industry. But at the same time, private mining, illegal production and "black mine" smuggling are prohibited repeatedly, the green development capacity of resources is insufficient, and the problem of environmental protection is still prominent. The new rare earth material products are mainly at the middle and low end, the level of high-end application technology is not high, and the value of rare earth resources is far from being brought into full play.
Today, the three major stock indexes are high, rare earth permanent magnet plate is also high today, China Science and Technology, Cathay Pacific Group, Yujing shares and other shares rose by the limit. Galaxy magnets, Zhenghai magnetic materials, Hengdian East Magnetic, Taihua shares, Zhongke three rings, northern rare earths, Guangsheng non-ferrous stocks followed. As of the press, China Science Legend, Galaxy Magnet, Cathay Pacific Group have risen limit, the plate of other stocks have performed well. At the same time, Hong Kong stocks, China rare earths rose more than 10%.