Chairman of Shenghe Resources and his party visited and exchanged rare earths in the north.

On January 5, Zhang Zhiqiang, assistant to the general manager of Baotou Iron and Steel (Group) Co., Ltd., chairman of the board and secretary of the party committee of Northern rare Earth, qu Yedong, director, general manager, and deputy secretary of the party committee of Northern rare Earth met with Hu Zesong, chairman and general manager of Shenghe Resources Holdings Co., Ltd. (hereinafter referred to as Shenghe Resources). The two sides have in-depth exchanges on the operation of enterprises and the further strengthening of cooperation. Liu Yi, deputy general manager of Northern rare Earth, and responsible persons of relevant functional departments and subsidiaries attended the meeting.

Hu Zesong introduced the production and operation of Shenghe Resources in 2021, and analyzed the distribution of overseas rare earth resources and the future development of international rare earth market. He said that Shenghe Resources and northern rare earths have always maintained a good cooperative relationship, looking forward to the future, hoping to combine the advantages of both sides, win-win cooperation, and promote the sustained and healthy development of the rare earth industry.

Zhang Zhiqiang pointed out that Baotou Iron and Steel (Group) Co., Ltd. has achieved new results in high-quality development in 2021, and Northern rare earths have also achieved good business results. Recently, a lot of fruitful work has been done in the exploration and comprehensive utilization of Bayan Obo resources. Next, the northern rare earths will further focus on the main industry, refine, optimize, strengthen and enlarge the rare earth raw materials, speed up the extension of the industrial chain, and continue to promote the protective development, high-quality utilization and standardized management of rare earth resources. It is hoped that in the next step, we will strengthen cooperation with Shenghe Resources, give full play to their respective advantages, safeguard the strategic position of China's rare earths in the world, and realize the high-quality development of the rare earth industry.

After the meeting, Hu Zesong and his entourage visited the production sites of Hefa Company and Ruixin Company, and had on-site exchanges with relevant responsible persons.