While China National Aluminum Corporation, China Minmetals Group, China Nonferrous Metal Mining Group and other three central enterprises competed with the South China Middle and Heavy Rare Earth market, another central enterprise, China Steel Research Group Co., Ltd. (hereinafter referred to as China Steel Research Institute) will also aim at To the northern light rare earth market. On August 18th, the signing ceremony of the equity transfer and capital increase and share expansion agreement between Shandong Weishan Lake Rare Earth Co., Ltd. and China Steel Research Technology Group Co., Ltd. was held in Beijing. China Steel Research Institute will invest in the construction of a rare earth industrial park in Weishan County, Shandong, to create a rare earth. Industry's full industry chain competitive advantage. Shandong's rare earth industry has finally sounded the assembly number to high-end development.
CCIN reporter learned that due to the low sulfur content of rare earths in Shandong, which is convenient for separation and refining, it has been considered as a representative of light rare earths. Compared to heavy rare earths, which are mainly used in military and other fields, light rare earths are used in the civil industry such as automobiles. Weishan Lake rare earth ore is the only mine similar to the United States in the United States and the Monteton Pass rare earth mine, is also one of the three major light rare earth bases in China.
Director of Weishan Lake Rare Earths Office Gong Chunsheng told CCIN reporters that Weishan Lake Rare Earth can only produce semi-finished ore fines, and it is a relatively high-cost underground mining method. The wellhead that was designed decades ago was also used, and the output was obviously small. At present, the monthly output is about 300 tons. Constrained by this, Weishan Lake's rare earth benefits have been poor, with one to two hundred workers in more than 500 workers waiting for their posts, and plant and equipment mostly in the 1970s and 1980s. The task of expanding production capacity and developing downstream is very urgent and arduous.
According to the equity transfer and capital increase agreement signed on the 18th, China Steel Institute will become the controlling shareholder of Weishan Lake Rare Earth, and the other three shareholders are Weishan Huaneng, Cuizhuang Coal Mine Company and Aerospace Industry Fund. Among them, 40% were held by China Steel Research, 30% were held by Cuizhuang Coal Mine, 20% were held by Weishan Huaneng, and 10% were held by the aerospace industry fund.
In April this year, China Steel Research Institute and Weishan County Government have signed a framework agreement to determine the total cooperation amount of the rare earth project is 2 billion yuan. At the same time, China Steel Research plans to invest in the construction of a rare earth industrial park in Weishan County Economic Development Zone. The project plans to cover an area of ​​about 280 mu. It will mainly construct the Weishan Rare Earth Materials Engineering Research Center, rare earth polishing powder, permanent magnets, and rare earth metals for hydrogen storage alloys. Raw materials and rare earth industrial park supporting public facilities and other projects.
The purpose of the China Iron and Steel Research Institute holding Weishan Lake Rare Earth is to invest in strategic mineral resources. Its purpose is to use the advantages of R&D of rare earth functional materials in technological research and development, policy support, and talents to form a competitive advantage in the entire industry chain of the rare earth industry. The research and production of the industry belongs to the industry, and the supply of raw materials for the industry of China Steel Research Institute is stabilized.
It is reported that in the way of cooperation, the Weishan County government intends to expand into the downstream industries, and China Steel Research considers entering the upper reaches and eventually forms the current cooperation framework. After China Steel Research Institute entered the main task, the first task is to re-explore and determine reserves.
At present, Weishan Lake's rare earth is the most favorable for China Steel Research Institute to use its R&D advantages to extend the industrial chain to its upstream and downstream development plans. Cai Gang, chairman and general manager of China Steel Research Institute, said that the study of rare earth permanent magnetic materials conducted by China Steel Research Institute is the first in China to start and achieve results, in the research and preparation of rare earth permanent magnet materials and experimental equipment, testing equipment All of them are leading domestically.
“In our recently formulated strategic plan, based on the existing NdFeB, we have the idea of ​​extending vertically upwards and downwards.†Cairan said that China Steel Research Institute has achieved more than 5,000 scientific and technological achievements, and granted 783 patents, now What needs to be done is to materialize these cutting-edge scientific and technological achievements and open up the upstream and downstream industry chains.
As for the rare earth industry of Weishan Lake, when the transfer of shares and the completion of capital increase and expansion, and when the construction of the Weishan Rare Earths Industrial Park started, the rare earth industrial chain will truly create valuable gold and silver, which is its primary concern.
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