According to the Shanghai Securities News reported on June 3, the reporter learned from the Inner Mongolia Autonomous Region Economic and Information Technology Committee that Inner Mongolia has issued a plan for the integration and elimination of rare earth upstream enterprises, requiring the relevant cities, departments and related enterprises to determine the division of responsibilities and time limits according to the plan. Request to strive to complete this work by the end of June.
It is understood that this integration and elimination work will carry out restructuring cooperation, compensation closure and phase-out of 35 rare earth upstream enterprises in Hohhot, Baotou and Bayannaoer, and form a unified mining by Baotou Iron and Steel (Group) Co., Ltd. The franchise system for rare earth smelting and separation, which is unified in mineral processing, unified smelting, unified management and management, meets the needs of sustainable development of China's rare earth strategy.
It is understood that this integration and elimination work will carry out restructuring cooperation, compensation closure and phase-out of 35 rare earth upstream enterprises in Hohhot, Baotou and Bayannaoer, and form a unified mining by Baotou Iron and Steel (Group) Co., Ltd. The franchise system for rare earth smelting and separation, which is unified in mineral processing, unified smelting, unified management and management, meets the needs of sustainable development of China's rare earth strategy.
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