Baotou Iron and Steel, North China rare Earth visit China rare Earth Industry Association Exchange investigation

On the afternoon of November 10, 2021, Meng Fanying, deputy secretary of the party committee of Baotou Iron and Steel (Group) Co., Ltd. (hereinafter referred to as "Baotou Iron and Steel Group"). Qu Yedong, general manager of China North rare Earth (Group) High-tech Co., Ltd. (hereinafter referred to as "Northern rare Earth"), Liu Haifeng, general manager of Inner Mongolia Baotou Iron and Steel International Trading Co., Ltd., visited China rare Earth Industry Association (hereinafter referred to as "Association"). Yang Wenhao, vice president and secretary-general of China rare Earth Industry Association, Wang Xiaotie, executive deputy secretary-general, Hu Boping, head of magnetic materials of China rare Earth Industry Association, and Lin Anli, secretary-general, warmly received and discussed the exchange.

On behalf of the Association, Secretary-General Yang Wenhao extended a warm welcome to Meng Fanying, deputy secretary of Baotou Iron and Steel Group and general manager qu Yedong of northern rare earths, and his party to the China rare Earth Industry Association for exchange and Deputy Secretary Meng Fanying first thanked the Association for its warm reception and thanked the China rare Earth Industry Association for its long-term concern and support for Baotou Iron and Steel Group and Northern rare Earths. This paper introduces the recent adjustment of the main leaders of the Northern rare Earth Group and the analysis and evaluation of the development of the rare earth industry and the changes in the rare earth market by Baotou Iron and Steel Group, and says that it is necessary to strengthen communication and coordination with the association, upstream and downstream enterprises and industries. Give full play to the positive role of northern rare earths as the leading backbone enterprises in the rare earth industry in stabilizing the market and promoting the development of rare earth application industry. Subsequently, General Manager qu Yedong of the northern rare earths introduced the overall situation of the production and operation of rare earths in the north so far this year. This paper introduces the company's marketing model, the rare earth market carried out in recent years, and the relevant research of upstream and downstream enterprises, analyzes and discusses the development trend of rare earth application industry, the changes of supply and demand in rare earth market, the influencing factors of rare earth market price fluctuation and the positive efforts made by northern rare earths to cope with the recent rapid changes in rare earth market and stabilize market expectations, expressing the determination and responsibility of northern rare earths to maintain market stability. It is expected that the upstream, middle and downstream enterprises of the rare earth industry will work together to promote the healthy and stable development of the rare

Secretary General Yang Wenhao thanked Baotou Steel Group and Northern rare Earth for their long-term support to the work of the association and their responsibility for the development of China's rare earth industry. I would like to thank the leaders of Baotou Iron and Steel Group and Northern rare Earth for introducing the relevant development of the company, as well as the development of China's rare earth industry, changes in supply and demand in the rare earth market, price fluctuations, and some problems existing in the development of the industry. frank exchanges and discussions on the positive role of rare earths in the north. Subsequently, Secretary General Yang Wenhao of the Association, Executive Deputy Secretary General Wang Xiaotie, President Hu Boping and Secretary General Lin Anli of the Magnetic Materials Branch spoke and discussed with Baotou Steel Group and Northern rare Earth leaders one after another. from the industrial advantages and industrial chain advantages of China's rare earth industry at the present stage formed by decades of unremitting efforts, and its important position in the global rare earth field, At present, the changes in the development pattern of rare earth resources at home and abroad and the industrial development pattern, the adjustment and change of the industrial policy of China's rare earth industry, the development and progress of China's rare earth industry in recent years, the innovative development in the field of rare earth application, the change of domestic rare earth market demand, the change of rare earth import and export and foreign trade situation and the change of market competition pattern, the overall operation of the industry and the influencing factors of market price fluctuation, The difficulties and problems in the coordinated development of upstream and downstream industries and enterprises have been analyzed and discussed in a frank and in-depth manner, and a lot of consensus has been formed.

Everyone said that the rare earth industry should be based on the new development stage, implement the new development concept, build a new development pattern, adhere to the general tone of seeking progress in the midst of stability, conscientiously implement the spirit of General Secretary Xi Jinping's important instructions on the high-quality development of the rare earth industry, take scientific and technological innovation as the guide, give full play to the advantages of China's rare earth industry and industrial chain, and provide strong support for the development of rare earth application industry and strategic emerging industries. To serve the economic construction of our country. All parties should reach a consensus and make joint efforts to ensure the effective supply of rare earth raw materials, optimize relevant countermeasures and measures, avoid sharp fluctuations in the rare earth market, stabilize market prices, and promote mutually beneficial and win-win cooperation between upstream and downstream industrial enterprises. coordinate, stable and healthy development and other aspects to solve some outstanding problems in the current development of the industry. Northern rare earths and other leading upstream and downstream backbone enterprises should give full play to the positive role of "voltage stabilizer" and "ballast stone".

At the meeting, the two sides also exchanged and discussed the work to be carried out after further strengthening upstream and downstream industries, enterprise exchanges, communication and cooperation, as well as other issues of common concern related to the development of China's rare earth industry.