Chinalco Rare Earth has Surpassed Ganzhou to Become the Biggest Giant in South China Rare Earth
As the pillar enterprise in Chinalco rare earth unit, Chinalco Guangxi Rare Earth Company firmly grasped the historical opportunity of the state government supporting six big groups including Chinalco to integrate and develop domestic rare earth enterprises, riding the east wind to stand out, recently, it made significant new breakthroughs in rare earth integration development work, mining right and exploration right of Guangxi Chongzuo mining zone were successfully integrated, the mining zone area expanded by 4 times, annual capacity of rare earth mineral products expanded by 4 times. This project is the only mine approved for expanding rare earth mining scope and capacity since the Ministry of Land and Resources implemented
Meanwhile, Chinalco Guangxi Rare Earth Company cooperated with domestic and overseas renowned enterprises including German VAC, Belgium Solvay, and Beijing General Research Institute for Nonferrous Metals, exerting the influence of Chinalco as an integration entity, it utilized the most advanced scientific and technological achievements in the rare earth industry, new products have been delivered to customers in early May.
Guangxi has rich supply of heavy rare earth resources, but is late in the start of development. After years of unremitting efforts, Chinalco finally grabbed the only mining certificate in Guangxi, and received a
In enterprise development, volume is important, but what’s more important is while expanding business territory, Chinalco Guangxi Rare Earth Company focused on improving the gold content of acquiring resources. After the state government unveiled rare earth integration plan, Chinalco Guangxi Rare Earth Company took advantage of the trend, and vigorously promoted integration of Chongzuo Liutang mining right and exploration right, and recently obtained formal approval from Guangxi Department of Land and Resources, the exploitation term is extended by 7 years, the mining zone expanded from 0.864 km to 4.0478 km, rare earth resources volume is increaed by 12000 tonnes, annual capacity increases from 200 tonnes to 1000 tonnes.
While making breakthrough in the Chongzuo mining zone resources, Chinalco Guangxi Rare Earth Company opened up territory, and made major breakthrough in new rare earth mining right setup. After tier-by-tier application & approval and policy solicitation, the mining right setup of Hezhou Huashan South Section was granted approval by the Ministry of Land and Resources in January 2015, and recently acquired This marks the first rare earth mining right certificate approved for agreement transfer by the Ministry of Land and Resources, following the strengthening of rare earth supervision by the State Council in 2011.This mining right has an area of 19.12 sq km, the ore quantity is 26.81 million tonnes, and will soon become this company’s biggest
China Nonferrous Metals Monthly2015年8期