Xinhua News Agency, Nanchang, December 23. China Rare Earth Group Co., Ltd. was established on the 23rd in Ganzhou, Jiangxi.
It is understood that China Rare Earth Group Co., Ltd., from Aluminum Corporation of China, China Minmetals Corporation, Ganzhou Rare Earth Group Co., Ltd., etc., has introduced China Iron and Steel Research Technology Group Co., Ltd., Formed by two rare earth technology research and development enterprises including the Institute of Technology Group Co., Ltd., it is a large rare earth enterprise group established in accordance with the principles of marketization and rule of law.
After the formation, China Rare Earth Group Co., Ltd. is a central enterprise with diversified equity that is directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council.
According to the relevant person in charge of China Rare Earth Group Co., Ltd., under the new development pattern, the group operation and intensive development of rare earth enterprises will help increase scientific research investment, integrate innovative resources, and improve the R&D and application of new rare earth processes, new technologies, and new materials. Ability to further smooth the communication between the upstream and downstream of the rare earth industry chain and between different fields, and better guarantee the upgrading of traditional industries and the development of strategic emerging industries.
It is understood that after the establishment of China Rare Earth Group Co., Ltd., it will focus on rare earth technology research and development, exploration and development, separation and smelting, intensive processing, downstream applications, complete equipment, industrial incubation, technical consulting services, import and export and trade businesses, and strive to create a first-class Rare Earth Enterprise Group.
(Reporters Guo Yuanming, Wang Xi, Yu Xianhong)